USD/CHF: Greenback drifting lower against Swiss Franc in the Asian session

Posted on April 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.25% against the CHF and closed at 0.9034. On the other hand, Swiss Franc came under pressure after retail turnover growth in Switzerland slowed to 0.8% (YoY) in February, from 4.7% … Continue reading →

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USD/JPY: Japan monetary base eases for the first time since August 2008; Pair trading lower this morning

Posted on April 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.84% against the JPY and closed at 82.17. In the Asian session, at GMT0300, the pair is trading at 81.90, with the USD trading 0.32% lower from yesterday’s close. This morning, … Continue reading →

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AUD/USD: Aussie trading higher after China PMI at an 11-month high

Posted on April 2, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.57% against the USD to close at 1.0437. In the Asian session, at GMT0300, the pair is trading at 1.0399, with the AUD trading 0.39% higher from Friday’s close, … Continue reading →

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USD/CAD: Loonie firms on higher risk appetite

Posted on April 2, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.13% against the CAD to close at 0.9953. The Canadian Dollar rose after upbeat US economic data and speculation that the Euro-zone debt crisis may be easing lifted demand for higher-risk … Continue reading →

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USD/CHF: Swiss Franc rose after KOF economic barometer improves in March

Posted on April 2, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.57% against the CHF and closed at 0.9011. Swiss Franc advanced after Switzerland’s KOF economic indicator advanced in March, indicating that the economy is regaining some strength. In Switzerland, … Continue reading →

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USD/JPY: Yen drifting lower after Bank of Japan’s Tankan report‎

Posted on April 2, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.55% against the JPY and closed at 82.86. Data released in Japan showed that the Markit/JMMA manufacturing Purchasing Managers’ Index (PMI) climbed to a reading of 51.1 in March, … Continue reading →

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GBP/USD: Pound trading lower ahead of UK manufacturing PMI data

Posted on April 2, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.41% against the USD and closed at 1.6021, after Euro-zone Finance Ministers boosted the region’s debt firewall, boosting risk appetite. Meanwhile, a study by the Organisation of Economic Cooperation … Continue reading →

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EUR/USD: Euro higher on Spain budget plan, Euro-zone firewall; trading lower this morning

Posted on April 2, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.46% against the USD and closed at 1.3363, as risk appetite increased after Spain revealed a budget plan to save more than €27 billion ($35.96 billion) in 2012 through … Continue reading →

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AUD/USD: Aussie trading higher on series of positive economic data in Australia

Posted on March 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 1.0377. In the Asian session, at GMT0300, the pair is trading at 1.0394, with the AUD trading 0.16% higher from yesterday’s close. On the … Continue reading →

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USD/CAD: Loonie trading higher this morning, Canada’s GDP data awaited today

Posted on March 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.15% against the CAD to close at 0.9967. The Organization for Economic Cooperation and Development (OECD) has urged that the Bank of Canada should maintain an accommodative monetary policy to offset … Continue reading →

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USD/CHF: Swiss Franc gaining strength ahead of KOF Swiss leading indicator

Posted on March 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.14% against the CHF and closed at 0.9063. In the Asian session, at GMT0300, the pair is trading at 0.9031, with the USD trading 0.35% lower from yesterday’s close. The pair … Continue reading →

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