AUD/USD: Aussie trading lower in the Asian session

Posted on May 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9818, as commodity prices recovered. LME Copper prices rose 1.5% or $108.00/MT to $7384.0/MT. Aluminium prices rose 1.3% or $24.00/MT to $1835.0/MT. In … Continue reading →

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USD/CAD: Canadian retail sales data eyed

Posted on May 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.0264. In the Asian session, at GMT0300, the pair is trading at 1.0272, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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GBP/USD: Pound slipped as inflation cooled in April

Posted on May 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5160, following a lower-than-expected 2.4% drop in the UK inflation rate in April, against the expected 2.6% decline. In the Asian session, at … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on May 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.2920, as investors risk sentiment improved, after two voting members of the Federal Open Market Committee (FOMC) eased concerns about the US central … Continue reading →

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USD/CAD: Loonie trading tad higher this morning

Posted on May 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0245. In the Asian session, at GMT0300, the pair is trading at 1.0250, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Swiss Franc trading tad higher in the Asian session

Posted on May 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CHF and closed at 0.9669. In the Asian session, at GMT0300, the pair is trading at 0.9674, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/JPY: BoJ monetary policy meeting outcome awaited

Posted on May 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 102.15. The Yen continued to trade higher on Japan Economy Minister, Akira Amari’s comments on the negative effects of excessively weak domestic … Continue reading →

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EUR/USD: Euro continues to trade higher this morning

Posted on May 21, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.47% against the USD and closed at 1.2891. In economic news, industrial new orders in Italy rose 1.6% (MoM) in March, following a 2.5% drop recorded in the previous month. However … Continue reading →

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GBP/USD: Pound trading tad lower this morning; UK CPI data awaited later today

Posted on May 21, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.58% against the USD and closed at 1.5263. Yesterday, the President of the Chicago Federal Reserve Bank, Charles Evans, stated that the central bank’s policy stance is appropriate and that the … Continue reading →

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AUD/USD: Aussie tad lower after RBA minutes

Posted on May 21, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 0.9813. LME Copper prices declined 0.7% or $53.50/MT to $7276.0/MT. Aluminium prices declined 1.6% or $29.50/MT to $1811.0/MT. In the Asian session, at GMT0300, … Continue reading →

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GBP/USD: UK house prices advanced in May

Posted on May 20, 2013 by GCI Financial

  On Friday, GBP fell 0.69% against the USD and closed at 1.5171. The Rightmove house prices data from the UK released over the weekend indicated an improvement in the UK housing market. On an annual basis, the house price … Continue reading →

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