EUR/USD: Euro fell amid European rating-cut concerns, trading higher this morning

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.43% against the USD and closed at 1.3175, over investors’ speculation that European leaders are not doing enough to contain the sovereign-debt crisis. Fitch Ratings and Moody’s Investors Service, yesterday, stated … Continue reading →

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AUD/USD: Aussie trading lower this morning after trade balance data rises less-than-expected

Posted on December 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.41% against the USD, on Friday, to close at 1.0212. In the Asian session, at GMT0400, the pair is trading at 1.0171, with the AUD trading 0.40% lower from Friday’s close, … Continue reading →

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USD/CAD: Canadian dollar gained on higher risk appetite, trading lower this morning

Posted on December 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.46% against the CAD, on Friday, to close at 1.0185. Canadian dollar rose against the greenback as positive US consumer confidence data and Euro-zone latest plans to tackle debt crisis, spurred … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on December 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.16% against the CHF, on Friday, and closed at 0.9242. In the Asian session, at GMT0400, the pair is trading at 0.9273, with the USD trading 0.33% higher from Friday’s close. … Continue reading →

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USD/JPY: Pair showing convergence with its MA’s

Posted on December 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY, on Friday, and closed at 77.52. In Japan, this morning, the Domestic Corporate Goods Price Index rose 0.1% (MoM) in November, following the 0.7% decline in October. … Continue reading →

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GBP/USD: Pound gives up some gains in the Asian session

Posted on December 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD, on Friday, and closed at 1.5661. In the UK, the input Producer Price Index (PPI) rose 13.4% (YoY) in November, compared to 14.3% rise in the previous … Continue reading →

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EUR/USD: Euro advanced following the Euro summit, trading lower this morning

Posted on December 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD, on Friday, and closed at 1.3373, after an agreement by European leaders on closer fiscal ties and other measures to stem the region’s debt crisis. On Friday, … Continue reading →

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AUD/USD: Aussie continues to fall against greenback this morning

Posted on December 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.13% against the USD to close at 1.0171, amid a broad dollar strength. In the Asian session, at GMT0400, the pair is trading at 1.0102, with the AUD trading 0.68% lower … Continue reading →

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USD/CAD: Trading well above its MA’s, Canadian trade data awaited

Posted on December 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.43% against the CAD to close at 1.0232. In Canada, the New Housing Price Index rose 0.2% (MoM) in October, while housing starts fell to an annual rate of 181,100 units … Continue reading →

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USD/CHF: Swiss Franc continues its downward journey

Posted on December 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.25% against the CHF and closed at 0.9257. In the US, initial jobless claims fell to 381,000 in the week ended 3 December 2011, compared to the previous week’s revised figure … Continue reading →

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USD/JPY: Trading above its MA’s

Posted on December 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 77.63. Additionally, this morning, the Gross Domestic Product (GDP) rose 1.3% in third quarter of 2011, compared to the initial estimates of a 1.5% … Continue reading →

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