USD/CHF: Swiss Franc drifting lower this morning ahead of SNB rate decision

Posted on March 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.80% against the CHF and closed at 0.9309. In economic news, the Center for European Economic Research (ZEW) and Credit Suisse revealed that the Economic Expectations Index in Switzerland increased by … Continue reading →

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USD/CAD: Witnessing flat trading this morning

Posted on March 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.47% against the CAD to close at 0.9932. The Canadian Dollar came under pressure following weaker-than-expected capacity utilisation data in Canada. Additionally, falling crude oil prices also weighed on Loonie. In … Continue reading →

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AUD/USD: Australia consumer inflation expectation rises in March

Posted on March 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.00% against the USD to close at 1.0442. In the Asian session, at GMT0400, the pair is trading at 1.046, with the AUD trading 0.17% higher from yesterday’s close. LME Copper … Continue reading →

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EUR/USD: Euro extends its losses in the Asian session

Posted on March 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.58% against the USD and closed at 1.3079, after European Central Bank council member, Jens Weidmann stated that policy makers might withdraw some of the emergency cash injected into the region’s … Continue reading →

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GBP/USD: British Pound rose on encouraging economic data from the UK, trading lower this morning

Posted on March 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.5704, on series of positive data from the UK. In the UK, on a seasonally adjusted basis, the visible trade deficit in the UK … Continue reading →

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AUD/USD: Aussie lower this morning on weak consumer confidence, housing starts data

Posted on March 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 1.0547. In the Asian session, at GMT0400, the pair is trading at 1.0544, with the AUD trading 0.02% lower from yesterday’s close. This morning, … Continue reading →

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USD/CAD: Accelerating US economic growth supported the Canadian Dollar

Posted on March 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9886. The Canadian Dollar advanced as accelerating growth in the US raised optimism about the global economic recovery, boosting demand for riskier assets. Rising … Continue reading →

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USD/CHF: Swiss Franc lower on broad dollar strength

Posted on March 14, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.79% against the CHF and closed at 0.9236, as the Federal Reserve policy makers raised their assessment of the economy as the labor market gathered strength and refrained from additional … Continue reading →

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USD/JPY: Greenback higher on Fed Economic Outlook

Posted on March 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.73% against the JPY and closed at 82.92, after the US Federal Reserve stated that unemployment was improving, while strong US retail sales data further supported the dollar. Moreover, the Federal … Continue reading →

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AUD/USD: Aussie trading higher ahead of Australian consumer confidence data

Posted on March 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.44% against the USD to close at 1.0525. In the Asian session, at GMT0400, the pair is trading at 1.0552, with the AUD trading 0.25% higher from yesterday’s close. On the … Continue reading →

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USD/CAD: Canadian Dollar fell as risk appetite faded, gaining strength this morning

Posted on March 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 0.9922. The Canadian Dollar weakened against the US Dollar, amid concern that global recovery is slowing after China reported its biggest trade deficit in … Continue reading →

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