GBP/USD: Pound trading flat ahead of the BoE minutes

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.5358. Yesterday, the IMF downgraded UK’s growth projection and indicated that the British economy is expected to grow 0.7% in 2013 and 1.5% … Continue reading →

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EUR/USD: Euro moving southwards in the Asian session

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.96% against the USD and closed at 1.3178. Yesterday, the International Monetary Fund (IMF) indicated that the Euro-zone remains the weakest part of the global economy. Moreover, it further emphasized … Continue reading →

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USD/CHF: Swissy recorded a rise yesterday, trading tad lower this morning

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.90% against the CHF and closed at 0.9225. Yesterday, the Swiss National Bank’s Vice President, Jean-Pierre Danthine, stated that the rise in property prices and increased leverage have put … Continue reading →

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USD/CAD: Loonie surrenders gains ahead of the BoC’s interest rate decision

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0219. Yesterday, the seasonally adjusted manufacturing sales in Canada rose 2.6% (MoM) to C$49.6 billion in February, compared to a revised decline … Continue reading →

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AUD/USD: Australia’s leading index continues to advance in February

Posted on April 17, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 1.0382. Yesterday, the assistant governor for financial markets at the Reserve Bank of Australia, Guy Debelle, stated that capital flows to fund mining investment … Continue reading →

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EUR/USD: Euro trading tad higher this morning

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.33% against the USD and closed at 1.3053, as weak US economic data dented investor sentiment. In the US, the Empire State manufacturing index dropped to a reading of 3.05 … Continue reading →

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USD/JPY: Yen moving southwards in the Asian session

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.66% against the JPY and closed at 96.81. In Japan’s economic news, industrial production grew 0.6% (MoM) in February, following a 0.3% increase in January and compared to a … Continue reading →

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GBP/USD: Pound trading higher in the morning session

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.5296, as investor risk appetite continued to be pressured by global growth concerns. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Room for more easing, if required, indicates RBA minutes

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.64% against the USD to close at 1.0337, following news that economic growth in China, Australia’s largest trading partner, was much slower than expected in the first quarter of this … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the producer and import prices data

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9302. In the Asian session, at GMT0300, the pair is trading at 0.9301, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Loonie slipped amid lower oil prices; trading higher this morning

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.0232, as a slump in oil prices pressured the Canadian Dollar and as the greenback continued to be lifted on the back … Continue reading →

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