USD/CHF: US dollar trading higher this morning

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 1.31% against the CHF and closed at 0.9142. In the US, the Federal Reserve Bank of Minneapolis President, Narayana Kocherlakota stated that, the central bank’s current monetary policy is too … Continue reading →

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USD/JPY: US dollar trading lower in the Asian session

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 1.34% against the JPY and closed at 89.31. Yesterday, Japan’s leading index retreated to a reading of 91.9 in November, from a reading of 92.8 in October. Additionally, the coincident … Continue reading →

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GBP/USD: Pound gained as the BoE left interest rates at 0.50%; trading lower in the Asian session

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.94% against the USD and closed at 1.6164, after the Bank of England left its monetary policy unchanged. The Monetary Policy Committee of the Bank of England (BoE) headed by Governor, … Continue reading →

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EUR/USD: Euro gained as ECB unanimously left rates unchanged; trading lower this morning

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.68% against the USD and closed at 1.3273, after the European Central Bank (ECB) left its benchmark interest rate unchanged at 0.75% in January, in line with market expectations, following the … Continue reading →

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EUR/USD: Euro trading lower as investors await the ECB policy meeting later today

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3053, as investors remained cautious ahead of a European Central Bank meeting later today. However, the European Union President, Herman Van Rompuy stated … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE interest rate decision

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6015, as the narrowing trade deficit failed to shrug off the prevailing weakness in Pound following a recent raft of disappointing economic releases. … Continue reading →

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USD/JPY: Japan’s official reserve assets decline

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.38% against the JPY and closed at 88.12. In the Asian session, at GMT0400, the pair is trading at 88.12, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Swissy trading lower in the Asian session

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9261. In the Asian session, at GMT0400, the pair is trading at 0.9265, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Canadian housing starts declined less than expected in December

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 0.9878, as overall market sentiment remained cautious amid uncertainty over the ongoing US debate about raising the debt ceiling. On the economic … Continue reading →

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AUD/USD: Australian Dollar ticks-up as Chinese trade surplus widens

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0505. LME Copper prices rose 0.1% or $8.3/MT to $8058.5/MT. Aluminium prices rose 1.7% or $34.5/MT to $2061.3/MT. In the Asian session, at … Continue reading →

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AUD/USD: Australian retail sales drop, while new home sales rise in November

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0512. LME Copper prices rose 0.7% or $55.0/MT to $8050.3/MT. Aluminium prices rose 1.1% or $22.0/MT to $2026.8/MT. In the Asian session, at GMT0400, … Continue reading →

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