USD/JPY: Greenback trading lower versus Japanese Yen after Friday’s surge

Posted on November 7, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.18% against the JPY, on Friday, and closed at 78.20. In the Asian session, at GMT0400, the pair is trading at 78.14, with the USD trading 0.08% lower from Friday’s close. … Continue reading →

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GBP/USD: Pair trading between its MA’s

Posted on November 7, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD, on Friday, and closed at 1.6030. In the Asian session, at GMT0400, the pair is trading at 1.6023, with the GBP trading slightly lower from Friday’s close. … Continue reading →

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EUR/USD: Trading flat this morning

Posted on November 7, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.33% against the USD, on Friday, and closed at 1.3773, amid continued concerns over the debt crisis in the Euro-zone. Late Sunday, the Greeck Prime Minister George Papandreou agreed to step … Continue reading →

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AUD/USD: Australian Dollar declines after RBA cuts inflation forecast

Posted on November 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.89% against the USD to close at 1.0397. In the Asian session, at GMT0400, the pair is trading at 1.0381, with the AUD trading 0.15% lower from yesterday’s close, after the … Continue reading →

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USD/CAD: Canadian Dollar rose as risk appetite returned after Greece scraps referendum, trading lower this morning ‎

Posted on November 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.71% against the CAD to close at 1.0081. Loonie rose against the greenback after the European Central Bank announced an interest rate cut and amid reports that Greece had abandoned its … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning. SNB ready to act on Franc if necessary: Danthine

Posted on November 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.76% against the CHF and closed at 0.8784. The Swiss National Bank (SNB) Governing Board member, Jean-Pierre Danthine stated that the elevated foreign exchange rate of the Swiss Franc is putting … Continue reading →

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USD/JPY: Pair trading flat this morning

Posted on November 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 78.06. In the US, the initial jobless claims, for the week ended October 29th, stood at 397,000, compared to the previous week’s revised level … Continue reading →

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GBP/USD: British Pound trading lower, NIESR sees chance of UK recession

Posted on November 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.60% against the USD and closed at 1.6023. The National Institute for Economic and Social Research (NIESR) has indicated that there is a 50% chance that the British economy would slip … Continue reading →

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EUR/USD: Euro trading flat this morning

Posted on November 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.70% against the USD and closed at 1.3818, after the Greek Prime Minister George Papandreou indicated abandonment of referendum on a bailout plan. Euro was initially pressurized after the European Central … Continue reading →

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AUD/USD: Aussie slips amid retail sales data

Posted on November 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.13% against the USD to close at 1.0305. In the Asian session, at GMT0400, the pair is trading at 1.0256, with the AUD trading 0.48% lower from yesterday’s close, following the … Continue reading →

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USD/CAD: Loonie rose after Fed’s comments spur demand for risk, trading lower this morning

Posted on November 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.64% against the CAD to close at 1.0153. The Canadian dollar strengthened after the Federal Reserve’s reading on the US economy sparked fresh demand for riskier assets and higher-yielding currencies. Federal … Continue reading →

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