Poor CPI data in Switzerland weighs on Swissy

Posted on February 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.19% against the CHF and closed at 0.9693. In Switzerland, the consumer price index in Switzerland rose 0.3% (YoY) in December, while on monthly basis, consumer prices fell 0.4% in January. … Continue reading →

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Canadian trade data awaited today

Posted on February 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.25% against the CAD to close at 0.9960. In Canada, the New Housing Price Index (NHPI) rose 0.1% in December, following a 0.3% advance in November. In the Asian session at … Continue reading →

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Continues with its declining trend

Posted on February 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.05% against the USD to close at 1.0004. The Australian dollar was under pressure against the greenback after Reserve Bank of Australia Governor, Glenn Stevens stated that the central bank was … Continue reading →

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Greenback marginally higher, after losing ground yesterday

Posted on February 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.73% against the USD and closed at 1.3724, after the Federal Reserve Chairman, Ben Bernanke, stated that persistent weakness in the jobs market requires the Fed to maintain its record low … Continue reading →

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Higher, BoE interest rate decision awaited

Posted on February 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.6094, after Ben Bernanke stated that unemployment rate in the US is likely to remain high for some time, despite a decline in the … Continue reading →

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Displaying low volatility

Posted on February 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.06% against the JPY and closed at 82.35. In Japan yesterday, consumer confidence of households rose 0.9 points in January to 41.1, from revised 40.2 in December. Meanwhile, machine tool orders … Continue reading →

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Swiss consumer price data awaited today

Posted on February 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CHF and closed at 0.9579. In the Asian session, at 4:00GMT, the pair is trading at 0.9594, 0.16% higher from the New York session close. The pair has … Continue reading →

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Continues to trade higher than short term moving averages

Posted on February 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.13% against the CAD to close at 0.9935. In the Asian session at 4:00GMT, the pair is trading at 0.9951, 0.16% higher from the New York session close. The first area … Continue reading →

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Declines, despite steady unemployment

Posted on February 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.38% against the USD to close at 1.0110. In the Asian session at 4:00GMT, the pair is trading at 1.0087, 0.23% lower from the New York session close. In the morning … Continue reading →

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Euro continues its upward journey

Posted on February 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.3624. In Germany, industrial production fell 1.5% (M-o-M) in December. In France the industrial sentiment index climbed to 110.0 in January. Meanwhile, the trade … Continue reading →

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GBP loses steam on increase in UK bank levy

Posted on February 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.6062. GBP was pressurized, as investor sentiment towards the UK was affected after the UK Chancellor of the Exchequer, George Osborne, increased tax levy … Continue reading →

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