USD/CHF: Swiss economic growth to slow more-than-expected, indicates Bloomberg survey

Posted on November 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9424. In the Asian session, at GMT0400, the pair is trading at 0.9429, with the USD trading 0.06% higher from yesterday’s close. … Continue reading →

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USD/CAD: US Dollar trading higher against the Canadian Dollar this morning

Posted on November 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.0007, as downbeat economic data in the US weighed on demand for the greenback. Additionally, a rise in Canada’s manufacturing sales supported … Continue reading →

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AUD/USD: Australian Dollar trading lower against the US Dollar in the Asian session

Posted on November 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.26% against the USD to close at 1.0338. LME Copper prices declined 0.4% or $29.5/MT to $7605.3/MT. Aluminium prices declined 1.7% or $33.8/MT to $1931.8/MT. In the Asian session, at … Continue reading →

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USD/JPY: US Dollar trading lower against the Yen this morning

Posted on November 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.15% against the JPY and closed at 81.13. Yesterday, Shinzo Abe, the head of Japan’s Liberal Democratic Party and front runner in the election, called for aggressive monetary easing … Continue reading →

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GBP/USD: UK retail sales fell more-than-expected in October, indicates ONS

Posted on November 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.5865, as disappointing US economic data weighed on the greenback. However, a drop in UK retail sales limited gains. The Office for National … Continue reading →

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EUR/USD: Euro spiked on weak US economic data, trading lower this morning

Posted on November 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.2782, as greenback came under pressure on disappointing economic data in the US. In the US, the Philly Fed index of current activity … Continue reading →

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USD/CAD: Canadian Dollar trading higher this morning

Posted on November 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.0040. In the Asian session, at GMT0400, the pair is trading at 1.0024, with the USD trading 0.15% lower from yesterday’s close. … Continue reading →

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AUD/USD: Australian consumer inflation expectation drops in November

Posted on November 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.76% against the USD to close at 1.0365. LME Copper prices rose 0.4% or $28.5/MT to $7634.8/MT. Aluminium prices rose 1.1% or $21.8/MT to $1965.5/MT. In the Asian session, at … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on November 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9455, after official data indicated that retail sales and producer prices in the US dropped in October. The greenback also came under … Continue reading →

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USD/JPY: Yen plunges as Yoshihiko Noda proposes snap elections

Posted on November 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.93% against the JPY and closed at 80.20. The Yen came under pressure after Japan’s Prime Minister, Yoshihiko Noda, said he was set to dissolve parliament and hold a … Continue reading →

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GBP/USD: Pound fell on more dovish than expected BoE’s Inflation report, trading higher in the Asian session

Posted on November 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5839, after the BoE lowered its growth forecast for the Q4 FY2012. Yesterday, the Bank of England (BoE), in its quarterly inflation report, … Continue reading →

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