USD/CHF: Pair trading above its MA’s

Posted on April 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.91% against the CHF, on Friday, and closed at 0.9198. In the Asian session, at GMT0300, the pair is trading at 0.9230, with the USD trading 0.35% higher from Friday’s … Continue reading →

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USD/JPY: Yen traded lower, amid release of BoJ policy meeting minutes

Posted on April 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD strengthened 0.14% against the JPY, on Friday, and closed at 81.02. Yen fell against greenback, amid speculation that the Bank of Japan (BoJ) would embark on additional monetary easing. According to … Continue reading →

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GBP/USD: Pound weakened as downbeat Chinese GDP dampened appeal for high-yielding assets

Posted on April 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.68% against the USD, on Friday, and closed at 1.5846, as weaker-than-expected Chinese GDP growth data, spurred demand for the safe-haven assets. Separately, Standard & Poor’s affirmed UK’s ‘AAA’ rating, … Continue reading →

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EUR/USD: Euro traded lower on Friday, on ECB bond purchase program speculation

Posted on April 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.79% against the USD, on Friday, and closed at 1.3077, amid speculation that the European Central Bank (ECB) would restart its government bond purchase program. Additionally, a downbeat Chinese GDP … Continue reading →

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AUD/USD: Aussie pared yesterday gains, amid disappointing Chinese GDP data

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 1.18% against the USD to close at 1.0434, on strong Australian employment data. In the Asian session, at GMT0300, the pair is trading at 1.0395, with the AUD trading 0.37% … Continue reading →

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USD/CAD: Rise in risk appetite boosts Loonie, tad lower in Asian session

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.85% against the CAD to close at 0.9949. In Canada, the New Housing Price Index rose 0.3% (MoM) in February, compared to 0.1% increase in previous month. Market had expected … Continue reading →

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USD/CHF: US dollar recoup yesterday’s losses

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.60% against the CHF and closed at 0.9115. In the Asian session, at GMT0300, the pair is trading at 0.9122, with the USD trading 0.08% higher from yesterday’s close. The … Continue reading →

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USD/JPY: Yen strengthened against greenback

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 80.91. Earlier in the day, the Bank of Japan (BoJ) Governor, Masaaki Shirakawa stated that the BoJ would pursue powerful easing to help … Continue reading →

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GBP/USD: Pound traded higher yesterday, despite negative UK trade balance data

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.5954. The greenback declined against the Pound, as the Federal Reserve signaled low interest rates to continue triggering a risk on flight by … Continue reading →

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EUR/USD: Euro traded higher as industrial production in the Euro-zone came in slightly better; trading lower this morning

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3181, after European industrial production gained unexpectedly in February. However, the gains in the Euro came down later in the session, amid lack … Continue reading →

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USD/CHF: Swiss Franc strengthened against greenback, following Switzerland’s bond selling program

Posted on April 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.19% against the CHF and closed at 0.9170. Swiss franc rose against greenback, after the country sold bonds, amid demand for its assets as a refuge from European debt crisis. … Continue reading →

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