USD/CHF: Greenback lower this morning

Posted on October 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CHF and closed at 0.8995. In the US, the net long-term TIC flows rose to $57.9 billion in August, in comparison with $9.1 billion in July. In the … Continue reading →

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USD/JPY: Yen rises in the Asian session

Posted on October 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.80. Data released in Japan showed that machine tool orders grew 20.1% (YoY) in September, from a 20.3% growth in August. Separately, the Japan … Continue reading →

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GBP/USD: Pound trading higher ahead of BoE minutes

Posted on October 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5713, as higher UK inflation failed to persuade investors that the Bank of England (BoE) would temper its bond-buying program after it was revived … Continue reading →

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EUR/USD: Euro fell on eurozone debt concerns, trading higher this morning

Posted on October 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.07% against the USD and closed at 1.3735, as Moody Investors Service, late on Monday, warned that France’s Aaa credit rating could be at risk. Also, yesterday, Moody’s downgraded Spain’s credit … Continue reading →

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AUD/USD: Aussie tad higher this morning, RBA leaves door open for rate cut

Posted on October 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.54% against the USD to close at 1.0173 This morning, Australia’s central bank left open the possibility of a cut in interest rates as early as November. In the minutes of … Continue reading →

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USD/CAD: Loonie trading flat after yesterday’s fall

Posted on October 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.30% against the CAD to close at 1.0225, as comments from German officials that eurozone officials would not be able to find a solution till October23, diminished appeal for high yielding … Continue reading →

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USD/CHF: Pair converging with its MA’s

Posted on October 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.76% against the CHF and closed at 0.8983. In the Asian session, at GMT0300, the pair is trading at 0.8964, with the USD trading 0.21% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Trading flat this morning

Posted on October 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.52% against the JPY and closed at 76.81. In Japan, yesterday, the industrial output rose 0.6% (M-o-M) in August, following a 0.8% rise in the previous month. Additionally, the capacity utilization … Continue reading →

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GBP/USD: Pound trading higher this morning, UK CPI in focus

Posted on October 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.5745, amid concerns that the UK economic growth would falter as European leaders struggle to meet a one-week deadline to find a solution to … Continue reading →

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EUR/USD: Euro backpedals as Merkel downplays EU summit, trading higher this morning

Posted on October 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.00% against the USD and closed at 1.3745, after German Chancellor Angela Merkel tempered investors’ expectations that the European leaders would come up with a comprehensive solution to resolve debt crisis. … Continue reading →

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AUD/USD: Aussie trading lower this morning ahead of RBA minutes

Posted on October 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.83% against the USD, on Friday, to close at 1.0341. In the Asian session, at GMT0300, the pair is trading at 1.0312, with the AUD trading 0.28% lower from Friday’s close. … Continue reading →

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