USD/CHF: Swiss Franc trading marginally lower this morning

Posted on November 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.51% against the CHF and closed at 0.8851. In the US, for the week ended 28 October 2011, mortgage application volumes, on a seasonally adjusted basis, gained 0.2%, as compared to … Continue reading →

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USD/JPY: Greenback continue to trade lower versus Japanese Yen

Posted on November 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.41% against the JPY and closed at 78.07. Yesterday, the Bank of Japan supplied U.S. dollars in market operations, for the first time in more than a year. In a sign … Continue reading →

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GBP/USD: British Pound trading lower this morning

Posted on November 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5927. In the UK, the construction Purchasing Manager Index (PMI) rose to 53.9 in October compared to 50.1 in September. In the Asian session, … Continue reading →

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EUR/USD: Euro fell as European leaders withhold aid before Greece’s referendum

Posted on November 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.48% against the USD and closed at 1.3722. French President Nicolas Sarkozy stated that Greece would not receive a “single cent” in aid without holding to the terms of its bailout … Continue reading →

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AUD/USD: Pair trading between its MA’s

Posted on November 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 2.32% against the USD to close at 1.0292. In the Asian session, at GMT0300, the pair is trading at 1.0344, with the AUD trading 0.51% higher from yesterday’s close. LME Copper … Continue reading →

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USD/CAD: Canadian Dollar fell as Greece concerns weighed on risk appetite, trading higher this morning

Posted on November 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 2.19% against the CAD to close at 1.0218, as risk appetite faded, amid renewed concerns that Greece would default, after Greek Prime Minister, George Papandreou pledged to put an agreement reached … Continue reading →

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USD/CHF: Swiss Franc declined as Swiss PMI contracts, trading higher this morning

Posted on November 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.29% against the CHF and closed at 0.8896, after reports showed that the Swiss manufacturing index declined more than expected. The Purchasing Managers’ Index (PMI) in Switzerland declined to 46.9 in … Continue reading →

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USD/JPY: Japanese Yen rises this morning, as Greece referendum spurs safety demand

Posted on November 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.11% against the JPY and closed at 78.39. In the US, the construction spending rose 0.2% (Y-o-Y) to $787.2 billion in September, compared to a revised level of $786.0 billion in … Continue reading →

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GBP/USD: British Pound trading higher, after yesterday’s fall

Posted on November 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.84% against the USD and closed at 1.5927, following reports showing a decline in UK manufacturing data. The manufacturing Purchasing Managers’ Index in the UK declined to 47.4 in October compared … Continue reading →

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EUR/USD: Euro weakens as Greece concerns resurface

Posted on November 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.32% against the USD and closed at 1.3656, as Greek Prime Minister’s decision to seek a referendum on the bailout package, raised concerns about the ability of the bailout fund to … Continue reading →

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AUD/USD: Australian Dollar falls after RBA lowers key policy rate

Posted on November 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.27% against the USD to close at 1.0536. In Australian economic news, this morning, the AiG Performance of Manufacturing Index rose to 47.4 in October compared to 42.3 in September. The … Continue reading →

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