AUD/USD: Aussie continue to fall in Asian session

Posted on April 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0725. In the Asian session at 3:00GMT, the pair is trading at 1.0688, 0.34% lower from the New York session close. LME Copper prices … Continue reading →

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EUR/USD: Zooming higher; Approaching 1.46

Posted on April 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.22% against the USD and closed at 1.4509, as rise in stock prices and corporate earnings motivated investors to shift out of the safe-haven dollar. In Germany, the producer price index … Continue reading →

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GBP/USD: Cementing gains this morning

Posted on April 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD and closed at 1.6391. In the UK, the minutes of the last BoE meeting indicated that the Bank of England`s Monetary Policy Committee maintained its 6-3 split … Continue reading →

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USD/JPY: Trending lower

Posted on April 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.18% against the JPY and closed at 82.49. In the Asian session at 3:00GMT, the pair is trading lower from the New York close, by 0.22%, at 82.31. The first short … Continue reading →

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USD/CHF: Trading below its MA’s

Posted on April 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.15% against the CHF and closed at 0.8891. In the US, the existing home sales, on annual basis, increased by 3.7% to an annual rate of 5.10 million in March, compared … Continue reading →

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USD/CAD: CAD higher amid better risk appetite

Posted on April 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.25% against the CAD to close at 0.9530. In the US, mortgage applications increased by 5.3% for the week ended on April 15 compared to a 6.7% drop in the previous … Continue reading →

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AUD/USD: Gains boosted by higher metal prices

Posted on April 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.37% against the USD to close at 1.0681. In Australia, the producer price index rose 1.2% (Q-o-Q) for the three months ended on March. LME Copper prices rose 1.9% or $171.8/MT … Continue reading →

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EUR/USD: Euro bounces back after upbeat PMI data

Posted on April 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.72% against the USD and closed at 1.4334, after a key economic report out of the euro zone showed surprising growth in the region. In the Euro zone, the manufacturing purchasing … Continue reading →

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GBP/USD: Pound trading marginally higher this morning

Posted on April 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.6325. In the US, the seasonally adjusted housing starts increased by 7.2% to an annual rate of 549,000 in March, following an upwardly revised … Continue reading →

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USD/JPY: Yen falls as trade surplus narrowed in March

Posted on April 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.30% against the JPY and closed at 82.64. In Japan, today morning, merchandise trade balance narrowed to Â¥196.5 billion in March, following a surplus of Â¥653.3 billion. Additionally, tertiary industry index … Continue reading →

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USD/CHF: Swiss Franc trading higher in Asian session

Posted on April 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.47% against the CHF and closed at 0.8994. In the Asian session, at 3:00GMT, the pair is trading at 0.8973, 0.23% lower from the New York session close. The pair has … Continue reading →

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