USD/CAD: Loonie trading tad higher this morning

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.0324. Disappointing Ivey PMI data in Canada weighed on the performance of the domestic currency in yesterday’s session, adding to evidence that … Continue reading →

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AUD/USD: Australia’s trade deficit unexpectedly widens in January

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.31% against the USD to close at 1.0233. However, losses in the Aussie were slightly contained, as late yesterday the Australian Industry Group (AiG) revealed that its performance of construction … Continue reading →

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EUR/USD: Euro gained on improved risk appetite

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3047, as services PMI data released across Europe surprised market participants on the upside. Economic data showed that Germany’s services PMI rose to … Continue reading →

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GBP/USD: BRC annual shop price inflation rises in February

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5136, following a surprise rise in UK’s services PMI. Yesterday, UK’s the services purchasing managers’ index (PMI) rose unexpectedly to 51.8 in February, … Continue reading →

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USD/JPY: Yen continues its previous session gains

Posted on March 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 93.29. One of the government’s nominees for Bank of Japan (BoJ) Deputy Governor, Kikuo Iwata stated yesterday that monetary easing must accompany fiscal … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9413. The greenback registered some gains after the ISM non-manufacturing PMI came in better-than-expected in February. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Loonie trading higher ahead of the BoC interest rate decision

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0268. In the Asian session, at GMT0400, the pair is trading at 1.0267, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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AUD/USD: Aussie advances following positive GDP data

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.62% against the USD to close at 1.0265. LME Copper prices declined 0.4% or $31.0/MT to $7720.0/MT. Aluminium prices rose 0.8% or $16.0/MT to $1943.0/MT. In the Asian session, at … Continue reading →

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USD/JPY: Japanese labour cash earnings rise in January

Posted on March 5, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 93.41. In the Asian session, at GMT0400, the pair is trading at 93.13, with the USD trading 0.30% lower from yesterday’s close. Data … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on March 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9404. In the Asian session, at GMT0400, the pair is trading at 0.9405, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on March 5, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0267. In the Asian session, at GMT0400, the pair is trading at 1.0259, with the USD trading marginally lower from yesterday’s close. The … Continue reading →

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