USD/CAD: Loonie trading high in Asian session

Posted on April 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9503, amid data that showed the US economy grew at a slower pace than expected, while an increasingly uncertain Canadian election contributed to volatility. … Continue reading →

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USD/CHF: Swiss franc eyes record vs dollar as US rates seen low, trading lower this morning

Posted on April 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.24% against the CHF and closed at 0.8731. Swiss Franc advanced against greenback, as investors anticipated that US interest rates would remain low for some time. In the US, initial jobless … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on April 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.79% against the JPY and closed at 81.58. In Japan, yesterday, the Bank of Japan (BoJ) held the benchmark interest rate at a range of zero to 0.1% and also kept … Continue reading →

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EUR/USD: Dollar wobbles as GDP data shows recovery losing steam, trading higher this morning

Posted on April 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.4839, amid release of economic growth data in the US. The Commerce Department stated that the US gross domestic product increased at an annual … Continue reading →

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GBP/USD: Trading flat this morning

Posted on April 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.6642, as investors speculated that the Bank of England would raise rates ahead of its US counterpart after the Federal Reserve renewed its pledge … Continue reading →

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EUR/USD: Dollar continues its downfall after Fed decision

Posted on April 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.4779, as the Federal Reserve left its interest rates unchanged at near-zero levels. In the Euro Zone, the industrial new orders, on monthly basis, … Continue reading →

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GBP/USD: Greenback extends losses after Fed renews low-rate pledge

Posted on April 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.72% against the USD and closed at 1.6625. The greenback came under pressure, after the Federal Reserve renewed its commitment to low rates and asset purchases. In the UK, the gross … Continue reading →

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USD/JPY: Yen trading higher this morning

Posted on April 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.95% against the JPY and closed at 82.23. In Japan, today morning, the industrial production, on monthly basis, dropped by 15.3% in March compared to an expansion of 1.8% in the … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on April 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.56% against the CHF and closed at 0.8752. In the US, The Federal Reserve kept the target range for the Federal funds rate in the range of 0.0% to 0.25% and … Continue reading →

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USD/CAD: Loonie spikes in Asian session

Posted on April 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9505. In the US, the durable goods orders increased by 2.5% in March following a revised 0.7% rise in the previous month. Additionally, the … Continue reading →

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AUD/USD: Aussie trading higher in Asian session

Posted on April 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.60% against the USD to close at 1.0859. LME Copper prices declined 1.1% or $107.3/MT to $9,348.3/ MT. Aluminium prices advanced 0.7% or $19.0/MT to $2,739.5/ MT. In the Asian session … Continue reading →

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