EUR/USD: Euro pares its yesterday’s losses, trading higher this morning on ECB easing hopes‎

Posted on September 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3518. EUR pared its losses amid speculation that the European Central Bank (ECB) may cut interest rates to support the eurozone’s economy, after ECB … Continue reading →

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USD/CAD: Loonie down on Greece concerns and recession fears

Posted on September 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.19% against the CAD, on Friday, to close at 1.0299. Canadian dollar declined against USD, as concerns of a Greek default and festering concerns over a possible recession weighed on investor … Continue reading →

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AUD/USD: Aussie continues to slip on euro-zone concerns

Posted on September 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.75% against the USD, on Friday, to close at 0.9829. The Standard & Poor’s Ratings Services affirmed Australia’s long-term AAA credit rating amid the country’s economic resilience, public policy stability and … Continue reading →

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USD/CHF: Swiss Franc trading lower after Friday’s rise

Posted on September 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.25% against the CHF, on Friday, and closed at 0.9055. In the Asian session, at 3:00GMT, the USD is trading at 0.9099, 0.49% higher versus Swiss Franc, from Friday’s close at … Continue reading →

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GBP/USD: Pair converging with its MA’s

Posted on September 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.74% against the USD, on Friday, and closed at 1.5477. In the UK, the British Bankers’ Association reported that the number of loans approved for house purchases increased to 35,226 in … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on September 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.50% against the JPY, on Friday, and closed at 76.68. In the Asian session at 3:00GMT, the dollar is trading lower against yen from Friday’s close at 23:00 GMT, by 0.33%, … Continue reading →

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EUR/USD: Euro trading lower on debt concerns

Posted on September 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.19% against the USD, on Friday, and closed at 1.3505. The Finance ministers and Central Bank governors of the Group of 20 major economies stated that they would work in a … Continue reading →

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USD/CHF: Swiss Franc eased as economic expectations fell in Switzerland, trading higher in the Asian session

Posted on September 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.94% against the CHF and closed at 0.9078. In Switzerland, the Center for European Economic Research (ZEW) and Credit Suisse indicated that Economic Expectations Index declined to -75.7 in September, from … Continue reading →

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USD/JPY: Pair trading between its MA’s

Posted on September 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 76.30. In the US, for the week ended 17 September 2011, initial jobless claims fell to 423,000, compared to the previous week’s revised figure … Continue reading →

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USD/CAD: Tumbling oil prices kept Loonie lower, trading higher this morning

Posted on September 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 2.16% against the CAD to close at 1.0280. Loonie declined against the greenback as drop in the oil prices and signs of slowing growth in China and Germany encouraged investors to … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on September 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 2.58% against the USD to close at 1.0004. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9808, 1.96% lower from yesterday’s close at 23:00 GMT, after the … Continue reading →

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