USD/CHF: Swiss Franc is losing ground this morning

Posted on January 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD ended flat against the CHF and closed at 0.9493. The central bank of Switzerland indicated that it would continue the policies put by the former head of the Swiss National Bank … Continue reading →

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USD/CAD: Canadian dollar is trading lower after yesterday’s gain

Posted on January 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD fell 0.64% against the CAD to close at 1.0167. On the economic front, the Canada Mortgage and Housing Corporation (CMHC) indicated that on a seasonally adjusted basis, housing starts climbed to … Continue reading →

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AUD/USD: Aussie trading lower after job vacancies fall in November

Posted on January 11, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD rose 0.59% against the USD to close at 1.0305. In the Asian session, at GMT0400, the pair is trading at 1.0282, with the AUD trading 0.22% lower from yesterday’s close. This … Continue reading →

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

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0245. In Australia, yesterday, the Reserve Bank of Australia (RBA) reported that the total official reserve assets rose to A$46.08 billion from A$44.83 … Continue reading →

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USD/CAD: Canadian dollar continues to cement gains in the Asian session

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.57% against the CAD to close at 1.0233. In economic news, building permits in Canada decreased 3.6% (MoM) to C$6.1 billion in November, following an 11.6% increase in the previous … Continue reading →

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USD/CHF: Swiss Franc continues its northward journey

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.88% against the CHF and closed at 0.9493. In Switzerland, the unemployment rate rose to 3.1% in December, compared to 3.0% in the previous month. The retail sales increased 1.8% … Continue reading →

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USD/JPY: Japanese Yen trading below its MA’s

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.85. In the Asian session, at GMT0400, the pair is trading at 76.81, with the USD trading 0.05% lower from yesterday’s close. The … Continue reading →

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GBP/USD: Pound continues to trade higher this morning

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5462. In the UK, this morning, the BRC retail sales rose 2.2% (YoY) in December. Additionally, the RICS house price balance stood at … Continue reading →

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EUR/USD: Euro gained on Merkel-Sarkozy meeting progress, trading flat this morning

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.2770, after German Chancellor, Angela Merkel and French President, Nicolas Sarkozy stated that they have made progress toward implementing tougher budget rules across … Continue reading →

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AUD/USD: Aussie continues its downfall this morning

Posted on January 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.18% against the USD, on Friday, to close at 1.0229. In the Asian session, at GMT0400, the pair is trading at 1.0163, with the AUD trading 0.64% lower from Friday’s … Continue reading →

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USD/CAD: Canadian dollar weakened amid release of poor Canadian jobs data

Posted on January 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.68% against the CAD, on Friday, to close at 1.0268. Canadian dollar fell against greenback after reports showed that Canadian economy added less than expected jobs. The unemployment rate in … Continue reading →

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