USD/JPY: Yen down on BoJ easing speculation

Posted on October 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.73% against the JPY and closed at 79.64. In the Asian session, at GMT0400, the pair is trading at 79.69, with the USD trading 0.06% higher from Friday’s … Continue reading →

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GBP/USD: UK’s Hometrack home prices drop in October

Posted on October 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.08% against the USD and closed at 1.6105. The Bank of England Deputy Governor, Charles Bean cautioned against over-optimism following third- quarter gross domestic product data and stated that … Continue reading →

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AUD/USD: Aussie gives up some gains in the Asian session

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 1.0352. LME Copper prices declined 0.1% or $8.5/MT to $7851.8/MT. Aluminium prices rose 0.1% or $2.5/MT to $1909.3/MT. In the Asian session, at … Continue reading →

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USD/CHF: Dollar trades lower against Swiss Franc in the Asian session

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9351. In the Asian session, at GMT0300, the pair is trading at 0.9351, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/JPY: Japan CPI declined in September, pair trading lower this morning

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 80.22, as robust US durables data and encouraging employment data dampened expectations for further easing by the Federal Reserve. Additionally, the Yen … Continue reading →

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USD/CAD: US Dollar trading higher this morning

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9949. In the US, initial jobless claims declined to 369,000 in the week ended October 20, compared to the previous week’s revised … Continue reading →

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EUR/USD: Dollar rose as Fitch maintained its ‘AAA’ credit ranking on the US

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.2939. Earlier, the greenback had come under pressure, following rumours that the Fitch Ratings agency was set to downgrade the US. However, Fitch … Continue reading →

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GBP/USD: Pound gained as robust UK GDP data lifted investor sentiment

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.55% against the USD and closed at 1.6118, as the UK’s positive GDP data reduced speculation of additional easing by the Bank of England. On the economic front, UK’s gross … Continue reading →

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AUD/USD: Pair trading higher in the Asian session

Posted on October 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.74% against the USD to close at 1.0344. LME Copper prices declined marginally or $0.3/MT to $7860.3/MT. Aluminium prices declined 0.3% or $6.5/MT to $1906.8/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Greenback trading lower against the Canadian Dollar

Posted on October 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 0.9944. The Canadian dollar came under pressure after the Bank of Canada Governor, Mark Carney stated that the need for higher interest rates … Continue reading →

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USD/CHF: Pair trading lower in the Asian session

Posted on October 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9329. The US Federal Reserve (Fed), in its latest monetary policy meeting, pledged to maintain its key interest rate unchanged at 0.25% at … Continue reading →

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