USD/CAD: Loonie rose as Bank of Canada leaves rates unchanged, sees improvement in economy

Posted on March 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.72% against the CAD to close at 0.9903. The Canadian Dollar rose, after the Bank of Canada state that it was keeping its key interest rate unchanged at 1.0%, and stated … Continue reading →

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USD/CHF: Swissy loses steam in the Asian session

Posted on March 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.88% against the CHF and closed at 0.9083, after the US Department of Labor reported that the number of people who filed for unemployment assistance in the US climbed to a … Continue reading →

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USD/JPY: Yen lower in the Asian Session on BoJ easing speculation

Posted on March 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.52% against the JPY and closed at 81.55. In economic news, current conditions index in Japan rose to 45.9 in February, while the outlook index rose to a 50.1 in February. … Continue reading →

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GBP/USD: BoE kept interest rate unchanged, trading lower in the Asian session

Posted on March 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.54% against the USD and closed at 1.5828. The Bank of England (BoE) Monetary Policy Committee kept UK interest rates at their 3-year low of 0.5% and maintained the quantitative easing … Continue reading →

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EUR/USD: Euro jumps on strong take-up for Greece’s bond swap offer, Cooling off this morning

Posted on March 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.93% against the USD and closed at 1.3274, as Greek debt hopes and strong German economic data aided risk appetite and provided strength to the Euro. The EUR received a boost … Continue reading →

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AUD/USD: Aussie extends its gain in the Asian session

Posted on March 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0583. In the Asian session, at GMT0400, the pair is trading at 1.0593, with the AUD trading 0.09% higher from yesterday’s close. In data … Continue reading →

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USD/CAD: Canadian Dollar fell after building permits plunged in January; trading higher this morning

Posted on March 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.42% against the CAD to close at 0.9974, after the Canadian building permits fell in January. In economic news, building permits in Canada fell 12.3% (MoM) in January, compared to a … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Swiss CPI data

Posted on March 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.26% against the CHF and closed at 0.9163. In economic news, on a seasonally adjusted basis, the unemployment rate in Switzerland remained unchanged at 3.1% in February, in line with market … Continue reading →

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USD/JPY: Yen trading lower after Japan’s current account deficit surges

Posted on March 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.47% against the JPY and closed at 81.13. In Japan, the leading index rose to 94.90 in January, while the coincident index fell to a reading of 93.1 in January. In … Continue reading →

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GBP/USD: Pound gaining strength in the Asian session ahead of BoE rate decision

Posted on March 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.5743, as risk appetite rose amid optimism that Greece may secure a debt swap deal and on positive US private-sector jobs data. In the … Continue reading →

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EUR/USD: Euro rose on optimism over Greek debt deal; ECB interest rate decision awaited

Posted on March 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3152, as concerns over the Greek bond swap eased, after pension funds and major banks stated that they would take part in Greece’s bond … Continue reading →

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