USD/CHF: Swiss Franc trading flat this morning

Posted on July 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.48% against the CHF and closed at 0.8151. In the Asian session, at 3:00GMT, the pair is trading at 0.8149, marginally lower from yesterday’s close at 23:00 GMT. The pair has … Continue reading →

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USD/CAD: Loonies reacts to Bernanke’s comments, trading flat this morning

Posted on July 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 0.9600. Canadian dollar weakened against the greenback, after the US Federal Reserve Chairman, Ben Bernanke’s statement on the monetary policy dampened hopes that he … Continue reading →

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USD/JPY: Yen trades flat this morning

Posted on July 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY and closed at 79.14. In Japan, yesterday, the condominium sales, on annual basis, declined by 32.9% to 3,441 units in June, the first decline in two months. … Continue reading →

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GBP/USD: Continues to trade flat

Posted on July 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6153. In the US, the retail sales rose by 0.1% (M-o-M) in June to $387.8 billion compared to a 0.1% decline in the previous … Continue reading →

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EUR/USD: After yesterday’s pause Euro trades higher

Posted on July 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.46% against the USD and closed at 1.4159, as European officials continued to debate over how to ease the region’s mounting sovereign debt problems. Additionally, the International Monetary Fund have agreed … Continue reading →

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USD/CAD: CAD rose on upbeat Chinese GDP data, trading lower this morning

Posted on July 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.92% against the CAD to close at 0.9567. Canadian dollar advanced against the greenback supported by strong Chinese economic data and surge in the crude oil prices. Chinese Gross Domestic Product … Continue reading →

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AUD/USD: AUD rose on higher risk appetite, trading lower this morning

Posted on July 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.58% against the USD to close at 1.0768, on the back of robust Chinese data, fueling appetite for higher-yielding assets. In Australia, this morning, the consumer inflation expectations rose to 3.4% … Continue reading →

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USD/CHF: Swiss Franc trading below its MA’s

Posted on July 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 2.48% against the CHF and closed at 0.8112. In Switzerland, the producer and import price index, decreased by 0.5% (M-o-M) in June compared to the 0.2% contraction in May. In the … Continue reading →

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GBP/USD: Trading lower in the Asian session; UK jobless claims soar

Posted on July 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 1.56% against the USD and closed at 1.6165. In the UK, the number of people claiming jobseeker’s allowance, on a monthly basis, increased 24,500 in June, following a revised increase of … Continue reading →

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EUR/USD: Euro rose against US dollar as Bernanke says QE3 may yet happen, trading flat in Asian session

Posted on July 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.83% against the USD and closed at 1.4224. The greenback declined against the Euro after the Moody’s Investors Service put the US under review for a credit rating downgrade. Further, the … Continue reading →

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USD/JPY: Dollar continues its downfall against Japanese Yen

Posted on July 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.55% against the JPY and closed at 78.96. The Bank of Japan (BoJ) indicated that the economic activity in the country is ‘picking up’. The central bank expects the economy to … Continue reading →

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