USD/CHF: UBS consumption indicator slipped in November

Posted on December 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9126. In Switzerland, the UBS consumption indicator retreated to 1.23 in November, from 1.30 in October. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on December 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0369. LME Copper prices declined 0.7% or $57.0/MT to $7768.3/MT. Aluminium prices rose 0.2% or $3.5/MT to $2035.3/MT. In the Asian session, at … Continue reading →

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EUR/USD: Euro trading tad lower this morning

Posted on December 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3248. In the US economic news, the seasonally adjusted new home sales rose 4.4% to an annual rate of 377,000 in November, from … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of UBS consumption indicator in Switzerland

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9132. In the Asian session, at GMT0400, the pair is trading at 0.913, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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AUD/USD: Aussie trading lower on US cliff fears

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0365, as traders backed away from riskier assets amid persistent concerns over the US fiscal cliff. LME Copper prices declined 0.7% or $57.0/MT … Continue reading →

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USD/CAD: Canadian Dollar trading higher this morning

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 0.9939. In the Asian session, at GMT0400, the pair is trading at 0.9926, with the USD trading 0.13% lower from yesterday’s close. … Continue reading →

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USD/JPY: Dollar rises against the Yen

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.78% against the JPY and closed at 85.69, as the Japanese Prime Minister, Shinzo Abe, promised that his new government would take bold steps to ensure that the yen … Continue reading →

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GBP/USD: Trading marginally higher this morning

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6125, in subdued trade, as concerns that the US officials would not manage to conclude a deal in order to avoid a fiscal … Continue reading →

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EUR/USD: Euro continues its upward momentum

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.3228. However, investors remained focused on developments surrounding the fiscal cliff in the US, approximately $600 billion in automatic tax hikes and spending … Continue reading →

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GBP/USD: UK House prices declines in December, indicates Hometrack

Posted on December 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.61% against the USD and closed at 1.6172, as investors sought safety in the greenback amid fears that political differences may hold up fiscal reforms in the US, … Continue reading →

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EUR/USD: Fiscal-cliff drama to dominate Christmas week

Posted on December 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.38% against the USD and closed at 1.3188, as investor risk appetite continued to decrease a day after the Republican “Plan B” effort to avoid the fiscal cliff … Continue reading →

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