EUR/USD: Euro slips further, amid new jitters over sovereign debt

Posted on June 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.67% against the USD, on Friday, and closed at 1.4177, ahead of Greece votes on budget cuts this week. The Greek Parliament would vote on Tuesday on a 5-year austerity plan … Continue reading →

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AUD/USD: Aussie down on Euro debt concerns

Posted on June 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0543. In the Asian session at 3:00GMT, the pair is trading at 1.0530, 0.12% lower from yesterday’s close at 23:00 GMT. On Friday morning, … Continue reading →

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USD/CAD: Loonie stumbles for second on bleak US outlook, trading flat this morning

Posted on June 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.36% against the CAD to close at 0.9778. Canadian dollar declined as a rise in US weekly jobless claims added further woes to a bleak outlook for the US economy superseding … Continue reading →

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USD/CHF: Trading flat, after rising yesterday, as Swiss trade surplus rose

Posted on June 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.8380. In Switzerland, the trade surplus rose to CHF3.31 billion in May, compared to a trade surplus of CHF1.44 billion recorded in the previous … Continue reading →

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USD/JPY: Trading flat this morning

Posted on June 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.07% against the JPY and closed at 80.44. In Japan, yesterday, the Bank of Japan (BoJ) policymaker, Yoshihisa Morimoto, raised concerns over a slowing US economy and sovereign debt problems in … Continue reading →

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GBP/USD: Trading flat in Asian session

Posted on June 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.6026. Pound remained under pressure, after a day before yesterday’s minutes of the last BOE meeting, which suggested that the Bank would think about … Continue reading →

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EUR/USD: Euro continues to fall, amid disappointing economic data

Posted on June 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.36% against the USD and closed at 1.4273. Euro remained under pressure despite the news that Greece has reached an agreement with the European Union and the International Monetary Fund for … Continue reading →

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AUD/USD: Australian dollar stays low after US signals end of stimulus

Posted on June 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.26% against the USD to close at 1.0556, after the US central bank indicated it would not expand it’s economic stimulus plan. This morning, the Conference Board’s Leading Economic Index for … Continue reading →

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USD/CAD: Loonie trading flat this morning

Posted on June 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 0.9743, after the US Federal Open Market Committee held steady near-zero interest rates in US and Fed Chairman, Ben Bernanke downplayed a another quantitative … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on June 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.20% against the CHF and closed at 0.8406. In Switzerland the economic expectations declined to -24.3 points in June, from -11.5 points recorded in May. In the Asian session, at 3:00GMT, … Continue reading →

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USD/JPY: Dollar continues to gain, Ben Bernanke plays down QE3

Posted on June 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.15% against the JPY and closed at 80.38, after the release of the latest Fed decision on monetary policy. The Fed decided to keep the target range for the federal funds … Continue reading →

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