AUD/USD: Aussie rises after yesterday’s decline

Posted on June 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.21% against the USD to close at 0.9942. LME Copper prices rose 0.2% or $13.5/MT to $7397.3/ MT. Aluminium prices declined 0.1% or $2.0/MT to $1923.8/ MT.In the Asian session, at … Continue reading →

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USD/CAD: Canadian Dollar cementing gains in the Asian session

Posted on June 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0289. In the Asian session, at GMT0300, the pair is trading at 1.0275, with the USD trading 0.13% lower from yesterday’s close. The pair … Continue reading →

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USD/CHF: Swissy trading steady ahead of SNB rate decision

Posted on June 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CHF and closed at 0.9559. On the Swiss economic front, producer and import price index eased 0.2% (MoM) in May, after dropping 0.1% in April. In the Asian … Continue reading →

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USD/JPY: Greenback continues its downfall against Japanese Yen

Posted on June 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.22% against the JPY and closed at 79.44, after the release of weak US economic data. In the US, retail sales slipped for the second consecutive month in May. Separately, the … Continue reading →

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GBP/USD: Sterling gaining strength in the Asian session

Posted on June 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.41% against the USD and closed at 1.5513. In the Asian session, at GMT0300, the pair is trading at 1.5523, with the GBP trading 0.07% higher from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro trading steady this morning

Posted on June 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.2565. The US Dollar fell after the nations’ retail sales hit their worst level in two years in May, fueling speculation that the Federal … Continue reading →

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AUD/USD: Aussie trading above its MA

Posted on June 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.05% against the USD to close at 0.9963. LME Copper prices declined 0.2% or $7383.8/MT to $7383.8/ MT. Aluminium prices declined 0.9% or $17.5/MT to $1925.8/ MT. In the Asian session, … Continue reading →

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USD/CAD: Canadian Dollar trading lower in the Asian session

Posted on June 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CAD to close at 1.0254. In the Asian session, at GMT0300, the pair is trading at 1.0272, with the USD trading 0.18% higher from yesterday’s close. The pair … Continue reading →

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USD/CHF: Swiss Franc rose after SECO lifts 2012 growth forecasts, trading lower this morning

Posted on June 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.30% against the CHF and closed at 0.9600. The Swiss Franc advanced after the nation’s State Secretariat for Economics (SECO) raised growth forecasts for the economy to 1.4% for 2012, faster … Continue reading →

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USD/JPY: Yen slips after IMF indicates currency “Moderately Overvalued”‎

Posted on June 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.41% against the JPY and closed at 79.61. The Yen fell after the International Monetary Fund (IMF) stated that the Yen is “moderately overvalued” and there was a chance of further … Continue reading →

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GBP/USD: Pound advanced after NIESR comments on the UK economy, trading lower this morning

Posted on June 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.60% against the USD and closed at 1.5576, after the National Institute for Economic & Social Research (NIESR) stated that the UK economy has emerged from recession in May. The NIESR … Continue reading →

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