USD/CAD: Loonie trading higher this morning, BoC Governor speech awaited

Posted on April 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.32% against the CAD to close at 0.9863. In the Asian session, at GMT0300, the pair is trading at 0.9855, with the USD trading 0.08% lower from yesterday’s close. The … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning, paring yesterday’s losses

Posted on April 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.32% against the CHF and closed at 0.9115. In the Asian session, at GMT0300, the pair is trading at 0.9102, with the USD trading 0.15% lower from yesterday’s close. The … Continue reading →

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USD/JPY: BoJ decides to expand size of asset-purchase by ¥5 trillion

Posted on April 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 81.06. Today morning, the Bank of Japan (BoJ) decided to take additional easing steps by ramping up its purchases of government bonds and … Continue reading →

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GBP/USD: Pound rises slowly; BoE’s Martin Weale sees stronger case for more QE after weak Q1 GDP

Posted on April 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6174, amid market speculation of an additional round of easing for the US economy. Meanwhile, the Bank of England (BoE) monetary policy committee … Continue reading →

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EUR/USD: Euro fell on Spanish rating downgrade, trading lower this morning

Posted on April 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.3182, after Standard & Poor’s downgraded Spain’s credit rating to ‘BBB+/A-2’ from ‘A/A-1’, citing that it expects further deterioration of the country’s public … Continue reading →

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AUD/USD: Aussie rises as investors flee greenback

Posted on April 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 1.0357. Yesterday, the US Federal Reserve’s monetary policy body, the Federal Open Market Committee, left interest rates unchanged and made no mention of … Continue reading →

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USD/CAD: Loonie up on US earnings, better sentiment in Europe

Posted on April 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.41% against the CAD to close at 0.9831, after US Federal Reserve Chairman, Ben Bernanke stated at a news conference that the central bank is “willing and able” to take … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on April 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.22% against the CHF and closed at 0.9085. In the Asian session, at GMT0300, the pair is trading at 0.9084, with the USD trading 0.02% lower from yesterday’s close. The … Continue reading →

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USD/JPY: Yen continue to trade higher this morning

Posted on April 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 81.31. On the economic front, small business sentiment in Japan came in at 47.6 in April, down from 48.7 a month ago. Additionally, … Continue reading →

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GBP/USD: Pound fell as UK economy re-enters recession, recoups losses quickly on Ben Bernanke comments

Posted on April 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6170. The greenback declined against most of the major currencies, after the US Federal Reserve Chairman, Ben Bernanke assured that monetary easing measures … Continue reading →

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EUR/USD: Euro rose following ECB President’s comments

Posted on April 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.21% against the USD and closed at 1.3225, after European Central Bank (ECB) President Mario Draghi stated that ECB expects banks to use its liquidity injection of €520 billion to … Continue reading →

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