EUR/USD: Euro reverses previous session gains

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2861, though concerns remained that the banking solution in Cyprus could be a model used in other economically challenged European nations. Meanwhile, investor … Continue reading →

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GBP/USD: Pound declined on disappointing UK realized sales data

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.5161, as UK’s realized sales data disappointed investors. In the UK’s economic news, the Confederation of British Industry (CBI) in its monthly Distributive … Continue reading →

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USD/JPY: Yen pressured as traders speculate BoJ intervention

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.74% against the JPY and closed at 94.63. The Yen was pressured amid speculation that more monetary easing could be imminent from the Bank of Japan after the its … Continue reading →

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USD/CHF: Swissy trading above its MA’s

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9482. In the Asian session, at GMT0400, the pair is trading at 0.9495, with the USD trading 0.14% higher from yesterday’s close. … Continue reading →

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AUD/USD: RBA’s FSR disappoints

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.12% against the USD to close at 1.0474. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Glenn Stevens, stated that regulators should switch their focus to the implementation of existing … Continue reading →

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USD/CAD: Loonie gained on US data, oil prices; trading lower this morning

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD to close at 1.0167. The Canadian Dollar gained on the back of better-than-expected rise in US durable goods orders in February and the US housing … Continue reading →

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EUR/USD: Euro declined as Cyprus enthusiasm faded, trading higher this morning

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 1.24% against the USD and closed at 1.2857, after head of the Eurogroup, Jeroen Dijsselbloem, reportedly stated that the rescue program agreed for Cyprus represents a new template for resolving … Continue reading →

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GBP/USD: Pound jarred by Jeroen Dijsselbloem’s comment, trading higher in the Asian session

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.41% against the USD and closed at 1.5178. The Pound recorded gains earlier after Cyprus secured a €10 billion bailout deal. However, market sentiment faded after the Eurogroup head, Jeroen … Continue reading →

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USD/JPY: New BoJ Governor pledged to achieve 2% inflation target in two years

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.95% against the JPY and closed at 93.95. In the Asian session, at GMT0400, the pair is trading at 94.18, with the USD trading 0.25% higher from yesterday’s close. … Continue reading →

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USD/CHF: Pair trading above its MA’s

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.95% against the CHF and closed at 0.9484. In the Asian session, at GMT0400, the pair is trading at 0.9489, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie notched slim gains as crude prices rallied

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0216. The Canadian Dollar registered gains in line with rise in crude oil prices. In the Asian session, at GMT0400, the pair … Continue reading →

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