AUD/USD: AUD trading higher in Asian session

Posted on March 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.71% against the USD on Friday to close at 0.9952. In the Asian session at 4:00GMT, the pair is trading at 1.0003, 0.51% higher from the New York session close. LME … Continue reading →

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EUR/USD: Continues to traded above 1.4000 following robust US data

Posted on March 18, 2011 by GCI Financial

For the 24 hours to 23:00GMT, EUR rose 0.66% against the USD and closed at 1.4013. In the EU, construction output rose by 1.8% (M-o-M) in January following a 2.0% decline in December. In the US, consumer price index (CPI) … Continue reading →

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GBP/USD: GBP holds gains amid Japan nuclear uncertainty

Posted on March 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.67% against the USD and closed at 1.6125, as Japan’s escalating nuclear crisis boosted demand for safe haven currencies, weighing heavily on the greenback. In the UK, nationwide consumer confidence index … Continue reading →

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USD/JPY: Gopher rallies as G7 agrees to coordinated intervention on yen’s behalf

Posted on March 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.64% against the JPY and closed at 79.16. In Japan, today, Finance Minister Yoshihiko Noda stated that the joint intervention by the Group of seven industrial nations in the foreign exchange … Continue reading →

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USD/CHF: Greenback trading higher in Asian session

Posted on March 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.17% against the CHF and closed at 0.8981. In Switzerland, industrial production rose by 7.4% in 4Q2010 from 3Q2010. Additionally, Swiss National Bank, left its key interest rate, it’s the three-month … Continue reading →

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USD/CAD: Beaver trading below its MA’s

Posted on March 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.72% against the CAD to close at 0.9854. In Canada, wholesale sales rose by 1.5% (M-o-M) to C$46.7 billion in January from upwardly revised 1.2% increase in December. Additionally, foreign investment … Continue reading →

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AUD/USD: AUD trading higher this morning

Posted on March 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.08% against the USD to close at 0.9785. In the US, industrial production declined by 0.1% in February following an upwardly revised growth of 0.3% in January. Additionally, capacity utilization rate … Continue reading →

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EUR/USD: Euro eases after Portugal debt downgrade, trading flat this morning

Posted on March 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.44% against the USD and closed at 1.3921, after Moody’s downgraded Portugal’s debt rating by two levels, highlighting concerns that European officials would not be able to prevent a wider sovereign … Continue reading →

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GBP/USD: Pair trading below its MA’s

Posted on March 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.34% against the USD and closed at 1.6018. In the UK, claimant count rate remained unchanged at 4.5% in February. Additionally, the average earnings including bonus grew 2.3% (Y-o-Y) for the … Continue reading →

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USD/JPY: Greenback hits new 15-year low versus yen, near post-war worst, trading higher in Asian session

Posted on March 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 2.68% against the JPY and closed at 78.66, as fears over the nuclear crisis in Japan deepened more and amid speculation that the Japanese government may interfere to control the rise … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on March 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.87% against the CHF and closed at 0.8996. In Switzerland, ZEW economic sentiment index rose to 13.5 in March compared to the 17.2 in the previous month. Meanwhile, the current situation … Continue reading →

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