CHF continues to cement gains

Posted on February 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.52% against the CHF and closed at 0.9335. In Switzerland, producer and import prices rose by 0.1% (M-o-M) compared to a 0.3% increase posted in the previous month. In the US, … Continue reading →

Posted in USD/CHF | Leave a comment

Yen continues its upward journey

Posted on February 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 82.52. In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.39%, at 82.20. The first short … Continue reading →

Posted in USD/JPY | Leave a comment

BoE’s policy meeting indicates greater support for raising rates

Posted on February 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6213. Minutes from the BoE’s policy meeting earlier this month indicated greater support among officials for raising interest rates. In the UK, BBA mortgage … Continue reading →

Posted in GBP/USD | Leave a comment

Zooming higher

Posted on February 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.69% against the USD and closed at 1.3749. In the EU, Industrial new orders rose by 2.1% (M-o-M) in December after 2.2% rise the previous month. Meanwhile, the Bundesbank President, Axel … Continue reading →

Posted in EUR/USD | Leave a comment

Sharp fall yesterday, marginally higher this morning

Posted on February 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.18% against the USD to close at 0.9977. Australia’s Wage Price Index decreased to 1.0% (Q-o-Q) in the December 2010 quarter. The decrease was 0.1%, following the Q3 reading of 1.1%. … Continue reading →

Posted in AUD/USD | Leave a comment

CAD sees a marginal rebound this morning

Posted on February 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.74% against the CAD to close at 0.9906. In Canada, retail sales declined by 0.2% (M-o-M) to reach $35.5 billion, down from a rise of 1.5% in November. In the US, … Continue reading →

Posted in USD/CAD | Leave a comment

CHF Cementing yesterday’s gains

Posted on February 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.92% against the CHF and closed at 0.9384. In the Asian session, at 4:00GMT, the pair is trading at 0.9370, 0.15% lower from the New York session close. The Swiss UBS … Continue reading →

Posted in USD/CHF | Leave a comment

Yen higher amid risk aversion

Posted on February 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.45% against the JPY and closed at 82.77. In Japan, trade balance fell sharply in January showing a deficit of Â¥471.4 billion compared to surplus of Â¥727.0 billion in the previous … Continue reading →

Posted in USD/JPY | Leave a comment

Trading higher this morning, after yesterday’s fall

Posted on February 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.55% against the USD and closed at 1.6137. In the UK, public sector net borrowing fell to £5.3 billion in January, after rising by £14.5 billion in December. In the US, … Continue reading →

Posted in GBP/USD | Leave a comment

Up this morning as tightening expectations rise in the Eurozone

Posted on February 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3655. German Gfk consumer confidence survey for the month of March rose to 6.0 compared with 5.8 in February. Meanwhile, in the US, consumer … Continue reading →

Posted in EUR/USD | Leave a comment

Losing ground

Posted on February 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.47% against the USD to close at 1.0096. In the Asian session at 4:00GMT, the pair is trading at 1.0083, 0.13% lower from the New York session close. LME Copper prices … Continue reading →

Posted in AUD/USD | Leave a comment