USD/CAD: Greenback rose on Fed announcement and Euro-zone fears

Posted on December 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.64% against the CAD to close at 1.0337, after the Federal Reserve dismissed the possibility of fresh monetary easing. Meanwhile, the reports that German Chancellor, Angela Merkel opposed strengthening a bailout … Continue reading →

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AUD/USD: Trading flat this morning

Posted on December 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0012, as lingering concerns about Europe’s sovereign debt crisis weighed on risk appetite. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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USD/CHF: Swiss Franc trading steady in Asian session

Posted on December 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.79% against the CHF and closed at 0.9452, after Swiss government cut its economic growth for next year. The Swiss State Secretariat for Economic Affairs lowered the nation’s Gross Domestic Product … Continue reading →

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USD/JPY: Yen trading flat in the Asian session

Posted on December 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.04% against the JPY and closed at 77.97. In the Asian session, at GMT0400, the pair is trading at 77.96, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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GBP/USD: Pound continues its southward journey, UK employment data awaited

Posted on December 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.60% against the USD and closed at 1.5489. In the UK, the Consumer Price Index (CPI) rose 4.8% (YoY) in November, compared to 5.0% in the previous month. The retail price … Continue reading →

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EUR/USD: Euro continues to trade lower

Posted on December 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.04% against the USD and closed at 1.3039, after reports that German Chancellor, Angela Merkel rejected raising the upper limit of funding for Europe’s permanent bailout mechanism. Angela Merkel told coalition … Continue reading →

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AUD/USD: Aussie edged higher in the Asian session

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.42% against the USD to close at 1.0063. In the Asian session, at GMT0400, the pair is trading at 1.0091, with the AUD trading 0.28% higher from yesterday’s close. In Australia, … Continue reading →

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USD/CAD: Canadian dollar fell on increased risk aversion, trading higher this morning

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.80% against the CAD to close at 1.0272. Canadian dollar declined against the greenback, amid increased risk aversion among investors following concerns over the measures announced in the EU summit. In … Continue reading →

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USD/CHF: Swiss Franc trading higher after yesterday’s fall

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.27% against the CHF and closed at 0.9378. In economic news, the number of employed people in Switzerland rose to 4.05 million in the third quarter of 2011, compared to 4.02 … Continue reading →

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USD/JPY: Yen fell amid drop in Japanese consumer confidence data, trading higher in Asian session

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.42% against the JPY and closed at 77.94. Japanese yen came under pressure, after Japan’s consumer confidence data disappointed investors. In Japan, yesterday, the Consumer Confidence Index fell to 38.1 in … Continue reading →

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GBP/USD: Pound trading higher this morning, CPI and retail data in the UK awaited

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.41% against the USD and closed at 1.5583. In the UK, this morning, the RICS House Price Balance Index rose to -17.0 in November, compared to -24.0 in October. In the … Continue reading →

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