USD/CHF: Swiss Franc trading marginally higher this morning

  For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.9073. In Switzerland, the KOF Swiss Economic Institute reported that its employment indicator rose to a reading of 1.8 in the second quarter … Continue reading

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USD/JPY: Greenback weakened amid poor US economic data

  For the 24 hours to 23:00 GMT, USD weakened 0.53% against the JPY and closed at 79.90, on poor US economic data. In the US, the Chicago Purchasing Managers’ Index fell to 56.2 in April, compared to 62.2 in … Continue reading

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GBP/USD: Pound fell on Spain debt woes, continues to trade lower this morning

  For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.6234, as lingering worries about the Spain’s debt crisis weighed on investors’ sentiments. In the Asian session, at GMT0300, the pair is trading … Continue reading

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EUR/USD: Euro trading flat as Spain re-enters recession

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3241. The Euro initially traded lower, amid reports that indicated that Spanish economy returned to recession in the first quarter of 2012. Additionally, … Continue reading

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AUD/USD: Aussie trading lower this morning

  For the 24 hours to 23:00 GMT, AUD strengthened 0.95% against the USD, on Friday, to close at 1.0461, after disappointing data on US first quarter growth added to expectations that the Federal Reserve may implement fresh easing measures. … Continue reading

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USD/CAD: Steady this morning

  For the 24 hours to 23:00 GMT, USD declined 0.55% against the CAD, on Friday, to close at 0.9809, following the release of weaker-than-forecast US first quarter growth data, while expectations for higher interest rates buoyed the Canadian Dollar. … Continue reading

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USD/CHF: Swiss Franc rallied amid improved Swiss leading indicator

  For the 24 hours to 23:00 GMT, USD declined 0.45% against the CHF, on Friday, and closed at 0.9074. The Swiss Franc gained after Swiss KOF leading indicator rose to 0.40 in April, compared to 0.09 in previous month, … Continue reading

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USD/JPY: Yen continues to trade higher in Asian session

  For the 24 hours to 23:00 GMT, USD weakened 0.86% against the JPY, on Friday, and closed at 80.36. The Bank of Japan, on Friday, increased the size of its asset purchase program by about ¥5.0 trillion to ¥70 … Continue reading

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GBP/USD: Pound continues to trade higher

  For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD, on Friday, and closed at 1.6260, after weaker-than-expected first-quarter economic growth data in the US dampened demand for the greenback. The Pound remained supported by speculation … Continue reading

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EUR/USD: Euro rose on successful Italian bond auction, trading flat this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.43% against the USD, on Friday, and closed at 1.3239, after a successful Italian bond auction, while renewed expectations for further easing measures by the Federal Reserve weighed broadly on … Continue reading

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AUD/USD: Aussie continues to trade higher in Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened 0.06% against the USD to close at 1.0363. In the US, the initial jobless claims declined to 388,000 for week ended 21st April, from 389,000 in previous week. Market was … Continue reading

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