GBP/USD: Pound weighed down by bearish comments by the BoE Governor

Posted on November 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP declined marginally against the USD and closed at 1.6019. In the UK economic news, the seasonally adjusted index of services retreated 0.5% (MoM) in September, compared to a 1.0% rise in … Continue reading →

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EUR/USD: Euro pressured as worries over the US fiscal policy clouded risk sentiment

Posted on November 28, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.39% against the USD and closed at 1.2938, as initial optimism over the Greek debt deal faded amid concerns over US fiscal policy. The Euro initially firmed on the news … Continue reading →

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AUD/USD: Aussie rises in risk-on trade, as EU-IMF strike funding deal for Greece

Posted on November 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.13% against the USD to close at 1.0471. LME Copper prices rose 1.2% or $94.5/MT to $7770.3/MT. Aluminium prices rose 2.5% or $47.5/MT to $1976.3/MT. In the Asian session, at … Continue reading →

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USD/CAD: Pair trading below its MA’s

Posted on November 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9929. In the US, the Chicago Fed National Activity Index dropped to a reading of -0.56 in October, following a flat reading … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning, investors eye the UBS consumption indicator data

Posted on November 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9267. The Swiss Franc rose, after employment level in Switzerland rose to 4.12 million in the Q3 FY2012, compared to a level … Continue reading →

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USD/JPY: Japan’s corporate service price index declines in October

Posted on November 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.83% against the JPY and closed at 81.88. In the Asian session, at GMT0400, the pair is trading at 82.15, with the USD trading 0.33% higher from yesterday’s close. … Continue reading →

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GBP/USD: All eyes set on UK GDP data due for release later today

Posted on November 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6033. In the Asian session, at GMT0400, the pair is trading at 1.6036, with the GBP trading marginally higher from yesterday’s close. The … Continue reading →

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EUR/USD: EU-IMF agree on Greece debt deal

Posted on November 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.2988. On the economic front, Germany’s Gfk Consumer Confidence Survey declined to 5.9 in December, from a downwardly revised 6.1 in November, On … Continue reading →

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AUD/USD: Pair trading above its MA’s

Posted on November 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.79% against the USD to close at 1.0460. LME Copper prices declined 0.5% or $40.0/MT to $7675.8/MT. Aluminium prices rose 0.7% or $13.5/MT to $1928.8/MT. In the … Continue reading →

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USD/CAD: Canada consumer prices rose more-than-expected in October

Posted on November 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.50% against the CAD to close at 0.9927. In economic news, the Consumer Price index (CPI) in Canada rose 0.2% (MoM) in October, compared to the same … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on November 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.76% against the CHF and closed at 0.9283. In the Asian session, at GMT0400, the pair is trading at 0.9291, with the USD trading marginally higher from … Continue reading →

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