GBP/USD: Pound declined on Friday, amid poor industrial and manufacturing data

Posted on June 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.85% against the USD, on Friday, and closed at 1.6226. In the UK, the industrial production, on monthly basis, declined by 1.7% in April, following a 0.2% increase in March. The … Continue reading →

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USD/CHF: Continues its upward journey

Posted on June 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.26% against the CHF, on Friday, and closed at 0.8436. In the US, the import price index, on a monthly basis, rose by 0.2% in May, the eighth consecutive monthly gain, … Continue reading →

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USD/CAD: Trading lower this morning

Posted on June 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.62% against the CAD, on Friday, to close at 0.9791, amid poor Canadian jobs data, decline in oil prices and concerns over the global economic recovery. The Canadian economy added 22,000 … Continue reading →

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USD/JPY: Yen declines this morning amid BoJ speculation

Posted on June 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY, on Friday, and closed at 80.29, after the Japanese tertiary sector activity rebounded in May. In Japan, on Friday, the tertiary industry activity index improved to 2.6% … Continue reading →

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AUD/USD: Trading just below the 50 Hr MA

Posted on June 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.85% against the USD, on Friday, to close at 1.0535. In the Asian session at 3:00GMT, the pair is trading at 1.0542, 0.07% higher from Friday’s close at 23:00 GMT. LME … Continue reading →

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EUR/USD: Euro stable this morning, after earlier losses on Greece concerns

Posted on June 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.14% against the USD, on Friday, and closed at 1.4348, on persistent uncertainty over the Greek debt crisis. In Germany, the wholesale price inflation, on monthly basis, remained unchanged in May, … Continue reading →

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GBP/USD: Trading flat this morning

Posted on June 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.6365. The Bank of England’s (BoE) Monetary Policy Committee decided to retain the interest rate at a record low of 0.5%, matching market estimates. … Continue reading →

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AUD/USD: Trading flat in the Asian session

Posted on June 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.13% against the USD to close at 1.0625. In the US, the initial jobless claims unexpectedly rose to 427,000 for the week ended 4 June 2011, compared to the previous week’s … Continue reading →

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USD/CAD: Canadian dollar climbed as oil prices rise and US trade gap narrows

Posted on June 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.65% against the CAD to close at 0.9731. Canadian dollar advanced amid surge in oil prices and as US trade deficit narrowed unexpectedly. In the US, the trade deficit narrowed to … Continue reading →

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USD/CHF: Trading between its MA

Posted on June 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.67% against the CHF and closed at 0.8414. In the US, the wholesale inventories increased by 0.8% (M-o-M) in April, compared to an upwardly revised 1.3% gain recorded in March. In … Continue reading →

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USD/JPY: Trading lower in the Asian session

Posted on June 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.53% against the JPY and closed at80.32. In Japan, yesterday, the consumer sentiment index rose to a reading of 34.2 in May, following a reading of 33.1 posted in the previous … Continue reading →

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