EUR/USD: Euro drifting lower in the Asian session

Posted on October 31, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.2962, after Italy saw its borrowing costs fall to their lowest levels since May 2011 at a government auction of five- and ten-year … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on October 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0339, as global growth concerns continued to weigh on riskier currencies. LME Copper prices declined 0.6% or $45.5/MT to $7719.5/MT. Aluminium prices declined … Continue reading →

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USD/CAD: Canadian Dollar fell as crude declined on Hurricane worries

Posted on October 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0009, as concerns over prospects for global growth bolstered safe haven demand. The Canadian Dollar also slipped as the price of crude … Continue reading →

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USD/CHF: Greenback trading higher against the Swiss Franc today morning

Posted on October 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9363. In the Asian session, at GMT0400, the pair is trading at 0.9364, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/JPY: Japanese Yen trading lower on easing speculation by BoJ

Posted on October 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 79.78, amid positive US economic news. In the US, the Dallas Fed Manufacturing Business Index climbed to a reading of 1.8 in … Continue reading →

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GBP/USD: Pound fell on global growth concerns, trading higher in the Asian session

Posted on October 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.35% against the USD and closed at 1.6030, as investors opted for the safe haven greenback amid uncertainty over Spain and Greece as well as concerns over the outlook for … Continue reading →

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EUR/USD: Euro traded lower amid persistent Euro-zone concerns

Posted on October 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2907, as investors remained cautious as Hurricane Sandy hits the US North Eastern coast. The Euro also remained under pressure amid growing doubts … Continue reading →

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

Posted on October 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9349. The KOF Swiss Economic Institute reported that its economic barometer stood at a reading of 1.67 in October, slightly lower … Continue reading →

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EUR/USD: Euro trading lower this morning amid persistent Euro-zone worries

Posted on October 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR ended flat against the USD and closed at 1.2939, as continuing concerns over Spain and Greece were offset by reports showing stronger-than-expected US third quarter growth. In the US, on … Continue reading →

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AUD/USD: Australian dollar drifting lower in the Asian session

Posted on October 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.21% against the USD to close at 1.0374, as risk sentiment received a boost, after gross domestic product in the US rose by 2.0% in the Q3 FY2012, … Continue reading →

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USD/CAD: Pair nearing parity in the Asian session

Posted on October 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.21% against the CAD to close at 0.9970. The Finance Department in its monthly Fiscal Monitor publication reported that Canada’s budget deficit widened to C$3.17 billion ($3.19 billion) … Continue reading →

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