USD/CAD: Canadian Dollar declined amid concerns over global easing

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 0.9861. The Canadian Dollar came under pressure as government officials in Russia and Japan criticized monetary policies that have devalued major currencies … Continue reading →

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AUD/USD: Rise in Australian unemployment rate weighs on Aussie

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0564. LME Copper prices declined 0.4% or $34.3/MT to $7910.25/MT. Aluminium prices declined 0.6% or $11.5/MT to $1990.8/MT. In the Asian session, at … Continue reading →

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GBP/USD: Pound reverses previous session losses

Posted on January 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6062, as market sentiment was hit by concerns over the US debt ceiling debate. In the UK economic news, the retail price index … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on January 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 1.17% against the CHF and closed at 0.9323, following the release of upbeat US retail sales data In the US, retail sales rose by 0.5% (MoM) in December, following … Continue reading →

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USD/JPY: Machine orders increase in Japan

Posted on January 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.69% against the JPY and closed at 88.84. The Japanese Yen rose after nation’s Economy Minister, Akira Amari stated that the nation faces risks from any excessive decline in … Continue reading →

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EUR/USD: Euro retreated as debt ceiling fears bolstered demand for the greenback

Posted on January 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR fell 0.59% against the USD and closed at 1.3298, as investors avoided riskier currencies amid US debt ceiling concerns. Concerns heightened after Fitch Ratings reiterated its warning that a delay in … Continue reading →

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USD/CAD: Existing home sales decreased in Canada

Posted on January 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9845. Existing home sales in Canada fell 0.5% (MoM) in December, following a 1.7% decline recorded in the previous month. In the … Continue reading →

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AUD/USD: Consumer confidence index improves in Australia

Posted on January 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0560. LME Copper prices declined 1.1% or $85.3/MT to $7944.5/MT. Aluminium prices declined 2.9% or $60.0/MT to $2002.3/MT. In the Asian session, at … Continue reading →

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AUD/USD: Aussies reverses previous session gains

Posted on January 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.26% against the USD to close at 1.0564. LME Copper prices declined 0.5% or $41.0/MT to $8029.8/MT. Aluminium prices declined 0.7% or $14.5/MT to $2062.3/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Canadian Dollar trading lower in the Asian session

Posted on January 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9837. The Canadian Dollar moved higher after a report showed improved confidence in the domestic business community. Yesterday, the Bank of Canada’s winter … Continue reading →

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USD/CHF: Pair trading above its MA’s

Posted on January 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CHF and closed at 0.9227. In the Asian session, at GMT0400, the pair is trading at 0.9243, with the USD trading 0.17% higher from yesterday’s close. The … Continue reading →

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