USD/JPY: Yen continues its downward journey

Posted on November 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened marginally against the JPY and closed at 76.93. In Japan, yesterday, the Leading Index was revised lower to 91.5 in September, from 91.6 in the preliminary estimates. Additionally, the Coincident Economic … Continue reading →

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GBP/USD: Pound continues to move southward, as disappointing UK housing data weigh on sentiment

Posted on November 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.87% against the USD and closed at 1.5643, amid poor UK housing data. The Rightmove House Price Index declined 3.1% (MoM) in November, following 2.8% rise in the previous month. Bank … Continue reading →

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EUR/USD: Euro continues to decline, following warning about France’s credit rating

Posted on November 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.23% against the USD and closed at 1.3485, as concerns over France losing its AAA credit rating spurred investors’ to flock to safe-havens assets. Moody’s Investors Service cautioned that rising French … Continue reading →

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AUD/USD: Australian Dollar continues to traded lower

Posted on November 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD, on Friday, to close at 1.0001. In the Asian session, at GMT0400, the pair is trading at 0.9973, with the AUD trading 0.28% lower from Friday’s close. … Continue reading →

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USD/CAD: Canadian Dollar rose as inflation stays above 2%, trading lower this morning

Posted on November 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD, on Friday, to close at 1.0272, following reports showing strong consumer price data in Canada. On an annual basis, the Consumer Price Index (CPI) in Canada rose … Continue reading →

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USD/CHF: Pair trading between its MA’s

Posted on November 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.41% against the CHF, on Friday, and closed at 0.9175. In the Asian session, at GMT0400, the pair is trading at 0.9169, with the USD trading 0.07% lower from Friday’s close. … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on November 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened slightly against the JPY, on Friday, and closed at 76.92. This morning, according to minutes released from the Bank of Japan monetary policy board’s October 27 meeting, the members of the … Continue reading →

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GBP/USD: British Pound declines, after house prices in the UK record largest fall in one year

Posted on November 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD, on Friday, and closed at 1.5788. In the Asian session, at GMT0400, the pair is trading at 1.5745, with the GBP trading 0.27% lower from Friday’s close, … Continue reading →

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EUR/USD: Euro extends its Friday’s gains, amid hope of reforms in Italy

Posted on November 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD, on Friday, and closed at 1.3510, amid hopes that technocrats in Italy can assist the nation avert a sovereign debt crisis. New Italian Prime Minister, Mario Monti … Continue reading →

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AUD/USD: Australian dollar slide on lingering concerns over Europe, trading higher this morning

Posted on November 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.68% against the USD to close at 1.0004, on lingering concerns over the debt problems in the Euro-zone economies. In the Asian session, at GMT0400, the pair is trading at 1.0013, … Continue reading →

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USD/CAD: Loonie trading flat in Asian session, investors await CPI data in Canada

Posted on November 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.38% against the CAD to close at 1.0284. In Canadian economic news, the foreign investments in Canadian securities rose C$7.4 billion in September, compared to C$8.22 billion in August. Meanwhile, the … Continue reading →

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