AUD/USD: Australian Dollar continues to capitalize on latest RBA minutes

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 1.0347, following the release of more positive Reserve Bank of Australia’s (RBA) minutes than had been anticipated. The minutes indicated that the bank … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the ZEW survey expectations data

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9222. Yesterday, the Switzerland National Bank (SNB) Chairman, Thomas Jordan reiterated his stance that the central bank would not exit its policy … Continue reading →

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EUR/USD: Euro trading higher this morning

Posted on February 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3349. The Euro was bolstered as the board member of the European Central Bank (ECB), Joerg Asmussen, indicated that the Euro zone’s economy … Continue reading →

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GBP/USD: Pound moving southwards in the Asian session

Posted on February 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5477. The Pound tracked losses earlier against the US Dollar, after a member of Monetary Policy Committee, Martin Weale opined that weaker Sterling … Continue reading →

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USD/JPY: Yen gained as Taro Aso’s comments overshadowed BoJ minutes, trading tad lower this morning

Posted on February 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 93.63. Yesterday, Standard & Poor’s (S&P) reaffirmed its long-term credit rating on Japan at “AA-” with a “Negative” outlook. It also stated … Continue reading →

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USD/CAD: Loonie trading almost flat this morning

Posted on February 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 1.0108. In the Asian session, at GMT0400, the pair is trading at 1.0108, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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AUD/USD: Aussie strengthened following RBA minutes

Posted on February 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0316. LME Copper prices declined 1.5% or $123.0/MT to $8075.5/MT. Aluminium prices declined 1.7% or $37.0/MT to $2086.0/MT. In the Asian session, at … Continue reading →

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USD/CHF: Swissy trading lower this morning

Posted on February 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9233. In the Asian session, at GMT0400, the pair is trading at 0.9234, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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EUR/USD: Trading lower in the Asian session this morning

Posted on February 18, 2013 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose marginally against the USD and closed at 1.3359, as investor risk appetite improved amid upbeat US economic data. In the US, empire state manufacturing activity to a reading of … Continue reading →

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GBP/USD: UK house prices rises in February, indicates Rightmove

Posted on February 18, 2013 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.20% against the USD and closed at 1.5518. On the economic front, annual retail sales in the UK eased 0.6% in January, compared to a revised 0.1% rise recorded … Continue reading →

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USD/JPY: Yen sags after Japan escapes criticism from G20 nations, PM Abe’s comments

Posted on February 18, 2013 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.63% against the JPY and closed at 93.53. On Friday, in its monthly report, the Bank of Japan (BoJ) indicated that the economy is likely to end further … Continue reading →

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