EUR/USD: Lower on heightened European Debt concerns

Posted on July 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.21% against the USD and closed at 1.4036, amid fears that the Europe’s sovereign-debt crisis is deepening. EUR was pressured as soaring yields on Italian bonds raised concern that Italy would … Continue reading →

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AUD/USD: Aussie continue to trade lower, amid rising risk aversion

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD, on Friday, to close at 1.0760, as risk aversion grew among investors, following a weak US jobs data and a rise in China’s consumer price inflation. In … Continue reading →

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USD/CAD: Loonie continues to slip in Asian session

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.26% against the CAD, on Friday, to close at 0.9609. Canadian dollar declined against the greenback as the weak US jobs data raised investors concerns that the US economic recovery would … Continue reading →

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USD/CHF: Swiss Franc drifting lower this morning after rising on Friday

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.91% against the CHF, on Friday, and closed at 0.8371. On a seasonally adjusted basis, the unemployment rate in Switzerland remained unchanged at 3.0% in June, matching market estimates. Additionally, on … Continue reading →

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USD/JPY: Pair trading below its MA’s

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.75% against the JPY, on Friday, and closed at 80.63. In Japan economic news on Friday, the current conditions index rose to 49.6 in June from 36.0 in May. The outlook … Continue reading →

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GBP/USD: Trading lower this morning

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD, on Friday, and closed at 1.6042. In the UK, the input producer price inflation rose to 17.0% (Y-o-Y) in June compared to a rate of 16.1% in … Continue reading →

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EUR/USD: Euro falls further, Italian debt adds to fears in Euro-zone

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.71% against the USD, on Friday, and closed at 1.4258, despite a bleak US employment report for June, as fears that Europe’s sovereign-debt crisis may spread to Italy dampened investor sentiment. … Continue reading →

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AUD/USD: Australian Dollar rose on robust jobs data, trading flat this morning

Posted on July 8, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.71% against the USD to close at 1.0770, amid strong Australian jobs data. The unemployment rate remained steady at 4.9% in June, while 23,400 jobs were added in June. In the … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on July 8, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.65% against the CAD to close at 0.9584. In the US, the ADP national employment report showed that the private sector employment increased by 157,000 jobs in June following a downwardly … Continue reading →

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USD/CHF: Swiss Franc trading flat this morning, Swiss inflation ticks up

Posted on July 8, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.63% against the CHF and closed at 0.8448. In Switzerland, the consumer price inflation, on annual basis, rose to 0.6% in June compared to a rate of 0.4% recorded in the … Continue reading →

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USD/JPY: Japanese Yen trading flat this morning

Posted on July 8, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.36% against the JPY and closed at 81.24. In the Japan economic news this morning, the current account surplus, on annual basis, stood at ¥590.7 billion in May from ¥405.6 billion … Continue reading →

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