USD/CAD: Loonie trading lower in the Asian session

Posted on May 2, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0073. Yesterday, the Bank of Canada Governor, Mark Carney, stated that for central banks to be effective they must be absolutely transparent about … Continue reading →

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USD/CHF: Swissy is moving southwards in the Asian session

Posted on May 2, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9271. In the Asian session, at GMT0300, the pair is trading at 0.9281, with the USD trading 0.11% higher from yesterday’s close. The … Continue reading →

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USD/JPY: Yen reverses previous session gain

Posted on May 2, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 97.14, following the release of disappointing US economic data. In the Asian session, at GMT0300, the pair is trading at 97.32, with … Continue reading →

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GBP/USD: Pound advanced on UK PMI data; trading lower this morning

Posted on May 2, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5570, as investor sentiment was lifted after the seasonally adjusted manufacturing PMI in the UK rose to a reading of 49.8 in April, higher … Continue reading →

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EUR/USD: Euro trading tad lower this morning; ECB meeting outcome awaited

Posted on May 2, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3180. The greenback saw a drop in demand amid soft US economic figures. Moreover, the Federal Reserve concluded its monetary policy meeting making … Continue reading →

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EUR/USD: Euro trading tad lower in the Asian session

Posted on May 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD and closed at 1.3168. The greenback came under pressure as purchasing managers’ index (PMI) of Chicago region dropped to 49.0 in April, as compared to a … Continue reading →

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GBP/USD: UK mortgage approvals increased more-than-forecast in March

Posted on May 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5536, as a positive rise in UK’s March mortgage approvals lifted investor sentiment. UK’s mortgage approvals for house purchases in the UK rose … Continue reading →

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USD/CHF: Swissy trading tad lower this morning

Posted on May 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CHF and closed at 0.9294. In the Asian session, at GMT0300, the pair is trading at 0.9296, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Canadian GDP expanded 0.3% in February

Posted on May 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.51% against the CAD to close at 1.0068. The Loonie registered gains as the Canadian economy expanded more than market expectations in February. Canada’s gross domestic product (GDP) increased … Continue reading →

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AUD/USD: Aussie trading lower as AIG PMI drops in April

Posted on May 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.27% against the USD to close at 1.0371, as the greenback weakened after an index of Chicago-area manufacturing plunged to its worst level in more than three years in April, … Continue reading →

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USD/JPY: Japan’s labour cash earnings decline less-than-expected in March

Posted on May 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.62% against the JPY and closed at 97.28. In the Asian session, at GMT0300, the pair is trading at 97.25, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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