AUD/USD: Aussie trading lower on weak trade data

Posted on April 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0365, after its trade balance in Australia unexpectedly swung to a deficit in February for the first time in almost a year. In Australia, … Continue reading →

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EUR/USD: Trading flat this morning

Posted on April 4, 2011 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, EUR rose 0.50% against the USD and closed at 1.4232. Fitch Ratings downgraded Portugal’s long-term foreign and local currency issuer default ratings to BBB-, from A- and kept the ratings on … Continue reading →

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GBP/USD: Pair trading slightly above its MA’s

Posted on April 4, 2011 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, GBP rose 0.49% against the USD and closed at 1.6112. The purchasing managers’ index for the manufacturing sector in the UK declined to a five month low of 57.1 in March, … Continue reading →

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USD/JPY: Greenback trading higher after upbeat US jobs report

Posted on April 4, 2011 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD strengthened 0.85% against the JPY and closed at 84.07. Automobile Dealers Association reported that annual automobile sales in Japan fell 37.0% in March to 279,389. The Minneapolis Federal Reserve Bank … Continue reading →

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USD/CHF: Trading flat in Asian session

Posted on April 4, 2011 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD rose 0.42% against the CHF and closed at 0.9234. In Switzerland, retail sales were up 3.8% (M-o-M), compared to a 2% drop in January. On an annual basis, real retail … Continue reading →

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USD/CAD: Loonie hits 3-year high on the US jobs data

Posted on April 4, 2011 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD declined 0.55% against the CAD to close at 0.9641. The US Labor Department reported that the nonfarm payrolls in the March climbed 216,000, higher than expected, while the nation’s unemployment … Continue reading →

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AUD/USD: Pair trading just above its MA’s

Posted on April 4, 2011 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 1.0385. Australia’s index of commodity prices increased 0.6% (M-o-M) in March, slower than a revised 1.4% rise in the previous month. New … Continue reading →

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EUR/USD: Euro rises on interest rate hopes, trading flat this morning

Posted on April 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4161, after a report showed that inflation in the Eurozone rose more than expected, raising expectations that the European Central Bank would raise interest … Continue reading →

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GBP/USD: Trading flat in Asian session

Posted on April 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.6034, after the UK banks reported an unexpected increase in mortgage defaults. According to the Bank of England’s latest Credit Conditions Survey, the default … Continue reading →

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USD/JPY: Pair trading above its MA’s

Posted on April 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.31% against the JPY and closed at 83.36. In Japan, on an annual basis, wage earners’ total cash earnings edged up 0.3% in February, rising for the 12th straight month. Housing … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on April 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.11% against the CHF and closed at 0.9195. In Switzerland, the Swiss National Bank reported that current account indicated a surplus of CHF19.4 billion in 4Q FY2010, from a surplus of … Continue reading →

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