GBP/USD: Pair trading between its MA’s

Posted on July 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.29% against the USD and closed at 1.6067, on poor UK house prices data. The pair opened the Asian session at 1.6067, and is trading at 1.6077 at 3.00GMT. The pair … Continue reading →

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USD/CHF: Morning dollar weakness supporting the Swiss franc

Posted on July 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.88% against the CHF and closed at 0.8173. In the US, the housing market index rose to a reading of 15.0 in July, following a reading of 13.0 posted in June. … Continue reading →

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USD/JPY: Japanese Yen trading marginally higher this morning

Posted on July 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD marginally weakened against the JPY and closed at 79.06. In the US, the net long-term assets bought by foreign investors fell to $23.6 billion in May, compared to a net purchase of … Continue reading →

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EUR/USD: EUR falls on lingering euro zone debt concerns ‎

Posted on July 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.4124. Euro was pressurized after a poorly received round of European-bank stress tests and sovereign-debt worries in the US and Euro zone. In the … Continue reading →

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AUD/USD: Australian Dollar extends decline against greenback

Posted on July 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.62% against the USD, on Friday, to close at 1.0658. In the Asian session at 3:00GMT, the pair is trading at 1.0604, 0.51% lower from Friday’s close at 23:00 GMT. LME … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on July 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.60% against the CAD, on Friday, to close at 0.9542. In the economic news, the Consumer Price Index in the US, on monthly basis, declined by 0.2% in June following a … Continue reading →

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GBP/USD: Continues to trade lower

Posted on July 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded marginally lower against the USD, on Friday, and closed at 1.6146. In the UK, this morning, the Rightmove House Price index declined by 1.6% (M-o-M) in July, following a 0.6% rise … Continue reading →

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USD/CHF: Swiss Franc marginally higher in Asian session

Posted on July 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.23% against the CHF, on Friday, and closed at 0.8132. In the US, the industrial output rose 0.2% (M-o-M) in June following a 0.1% decline in the previous month. Additionally, the … Continue reading →

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EUR/USD: Trading lower this morning; stress tests fail to ease Euro pressure

Posted on July 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR traded flat against the USD, on Friday, and closed at 1.4156. The Euro steadied against the greenback as concerns that the results of European bank stress tests would further sour sentiment towards … Continue reading →

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USD/JPY: Pair showing convergence with its MA’s

Posted on July 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY, on Friday, and closed at 79.05. In the US, the New York Federal Reserve reported that its general business conditions index rose to a reading of -3.8 … Continue reading →

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AUD/USD: Pair showing convergence with its MA’s

Posted on July 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 1.0724. In the Asian session at 3:00GMT, the pair is trading at 1.0737, 0.12% higher from yesterday’s close at 23:00 GMT. LME Copper prices … Continue reading →

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