EUR/USD: Euro rose on decent European economic news

Posted on November 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.2972, amid positive economic news in the Euro-zone and Germany. Euro-zone’s economic sentiment index rose to a reading of 85.7 in November, from … Continue reading →

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AUD/USD: Australian new home sales rise in October, Aussie trading lower this morning

Posted on November 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0473. LME Copper prices declined 1.0% or $76.3/MT to $7719.5/MT. Aluminium prices declined 0.5% or $10.5/MT to $1992.3/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Canadian Dollar tad higher in the Asian session

Posted on November 29, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD to close at 0.9921. In the Asian session, at GMT0400, the pair is trading at 0.9922, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Investors await Swiss GDP data scheduled later today

Posted on November 29, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9295. Yesterday, the Swiss National Bank Chairman, Thomas Jordan stated that the Swiss franc is still highly valued and is burdening many … Continue reading →

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USD/JPY: Japanese retail sales decline more-than-forecast

Posted on November 29, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 82.16. In the Asian session, at GMT0400, the pair is trading at 82.12, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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GBP/USD: Pound tad higher this morning

Posted on November 29, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6014. In the US, new home sales declined 0.3% to a seasonally adjusted annual rate of 368,000 in October, from the revised September … Continue reading →

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EUR/USD: Euro pares yesterday’s gains, trading flat this morning

Posted on November 29, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.2951, as risk appetite increased amongst investors, after US House Speaker, John Boehner indicated that he was optimistic that a deal can be … Continue reading →

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USD/CAD: OECD forecasted a moderate growth for Canada

Posted on November 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 0.9944. Yesterday, the Organization for Economic Co-operation and Development, in its new global outlook, forecasted that Canada’s economy would log “moderate” growth … Continue reading →

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USD/JPY: US Dollar reverses previous session gains, trading lower this morning

Posted on November 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 82.09. In Japan, small business confidence retreated 43.3 in November, from 43.7 in the previous month. In the Asian session, at GMT0400, … Continue reading →

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USD/CHF: Swiss UBS consumption indicator rose in October

Posted on November 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 0.9306. Switzerland’s UBS consumption indicator rose to a reading of 1.31 in October, following a revised reading of 1.04 in September. In … Continue reading →

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AUD/USD: Australian Dollar trading higher in the Asian session

Posted on November 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0443. LME Copper prices rose 0.3% or $25.5/MT to $7795.8/MT. Aluminium prices rose 1.3% or $26.5/MT to $2002.8/MT. In the Asian session, at … Continue reading →

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