USD/CHF: Pair trading below its MA’s

Posted on November 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9428. In the Asian session, at GMT0400, the pair is trading at 0.9411, with the USD trading 0.19% lower from yesterday’s close. … Continue reading →

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USD/CAD: Canadian Dollar gains on stronger oil prices

Posted on November 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 0.9970, as hopes for progress on resolving the US fiscal cliff and rising crude oil prices boosted demand for the Canadian dollar. … Continue reading →

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USD/JPY: Yen trading higher as BoJ keeps policy unchanged

Posted on November 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.23% against the JPY and closed at 81.37. On the economic front, the leading index in Japan declined to a reading of 91.6 in September, compared to a reading … Continue reading →

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GBP/USD: Trading higher this morning

Posted on November 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5893, as traders turned optimistic that policymakers in the US would reach a deal in order to avert the “fiscal cliff”. In the … Continue reading →

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EUR/USD: Moody’s downgrades France on weak growth

Posted on November 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2767, as robust housing data in the US increased investor risk appetite. Earlier, in the European trading hours, the Euro was in demand … Continue reading →

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AUD/USD: Aussie rises as risk appetite came to fore

Posted on November 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened marginally against the USD to close at 1.0339. On Sunday, in China, the house price index fell 1.1% (MoM) in October, following a 1.3% drop recorded in … Continue reading →

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USD/CAD: Trading at Parity

Posted on November 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose marginally against the CAD to close at 1.0012. However, losses in the Canadian dollar were capped, supported by a rise in oil prices. In the Asian session, … Continue reading →

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USD/CHF: Swiss Franc trading higher against the greenback in the Asian session

Posted on November 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.32% against the CHF and closed at 0.9455, as demand for the greenback was supported by ongoing concerns over the US fiscal policy, as well as worries … Continue reading →

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USD/JPY: Greenback extends gains on weak US data, easing talks in Japan

Posted on November 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.22% against the JPY and closed at 81.31, in wake of sluggish industrial production figures from the US, coupled with anticipation that further monetary easing is on … Continue reading →

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GBP/USD: Signs of recovery in Britain’s housing market despite November price drop

Posted on November 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP rose marginally against the USD and closed at 1.5879. In the Asian session, at GMT0400, the pair is trading at 1.5918, with the GBP trading 0.24% higher from Friday’s … Continue reading →

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EUR/USD: Euro rises as hopes for Greek aid build

Posted on November 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.30% against the USD and closed at 1.2743, after current account surplus in the Euro-zone narrowed to a seasonally adjusted €0.8 billion in September, from €10.9 billion recorded … Continue reading →

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