USD/CHF: Swiss Franc trading flat after losing ground yesterday

Posted on October 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.24% against the CHF and closed at 0.9207. In the US, the ISM manufacturing increased to 51.6 in September, from 50.6 recorded in August. Swiss Franc came under pressure, after the … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on October 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.78% against the JPY and closed at 76.60. In Japan, this morning, the monetary base rose to 16.7% (Y-o-Y) in September from 15.9% in August. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Loonie trading flat this morning

Posted on October 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.48% against the CAD to close at 1.0540. Loonie declined against the greenback as investors sold off high yielding assets amid a sharp decline in oil prices and Euro zone debt … Continue reading →

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EUR/USD: Euro drops as Greece debt crisis intensifies, trading steady this morning

Posted on October 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.29% against the USD and closed at 1.3193, amid concerns whether Greece would receive the next tranche of aid from international lenders. Fitch Rating Agency, on Monday, lowered the growth forecast … Continue reading →

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USD/CAD: Canadian dollar continues to trade lower in the Asian session

Posted on October 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.93% against the CAD, on Friday, to close at 1.0478. Canadian dollar declined against USD amid concerns that slowdown in global would lead to a decrease in exports and revenue of … Continue reading →

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AUD/USD: Aussie continues its downward journey this morning

Posted on October 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.02% against the USD, on Friday, to close at 0.9729. In Australia, this morning, the Performance of Manufacturing Index (PMI) declined to 42.3 in September, from 43.3 in August. In the … Continue reading →

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USD/JPY: Pair trading between its MA’s

Posted on October 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.40% against the JPY, on Friday, and closed at 77.07. In Japan, on Friday, the housing starts rose 14% (Y-o-Y) in August, compared to 21.2% rise in July. Construction orders, on … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning, market awaits PMI and retail sales data in Switzerland

Posted on October 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.00% against the CHF, on Friday, and closed at 0.9070. In the US, the personal spending rose 0.2% (M-o-M) in August, following a 0.7% rise in July. Additionally, on a monthly … Continue reading →

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GBP/USD: Pound trading lower this morning, awaits PMI manufacturing data in the UK

Posted on October 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded flat against the USD, on Friday, and closed at 1.5591. In the UK, this morning, on a monthly basis, home prices declined 0.1% in September. Additionally, GfK NOP reported that its … Continue reading →

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EUR/USD: EUR extended its losses in Asian session amid lingering EU debt concerns

Posted on October 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.36% against the USD, on Friday, and closed at 1.3391, over concerns that the European leaders would not be able to control the debt crisis. In the Euro zone, the Consumer … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on September 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.00% against the USD to close at 0.9829. In Australia, yesterday, job vacancies rose 3.3% (M-o-M) in August, following a 4.5% decline in July. This morning, in the economic news, the … Continue reading →

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