GBP/USD: GBP trading lower this morning

Posted on April 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.17% against the USD and closed at 1.6340. In the UK, retail sales values declined by 3.5% (M-o-M) in March on a like-for-like basis after a decline of 0.4% in the … Continue reading →

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USD/JPY: Pair trading well below its MA’s

Posted on April 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.61% against the JPY and closed at 84.53. In Japan, the Bank of Japan released the minutes from its March 14 policy meeting, showing concerns about the financial systems in the … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on April 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.21% against the CHF and closed at 0.9070. In the US, the New York Federal Reserve Bank President William Dudley stated that the US central bank should not be too enthusiastic … Continue reading →

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USD/CAD: Greenback trading higher in Asian session, Investors focused on BoC interest rate decision

Posted on April 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9560. The International Monetary Fund (IMF), in its April 2011 World Economic Outlook report stated that the global economic recovery is gaining strength, but … Continue reading →

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AUD/USD: Australian Dollar falls on weak business sentiment data

Posted on April 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 1.0490. In Australia, National Australia Bank’s Business Confidence declined by 5 points in March to reach 9 points from 14 points in the previous … Continue reading →

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EUR/USD: Trading lower this morning

Posted on April 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.28% against the USD, on Friday and closed at 1.4483, as investors ignored the greenback on the fears of the US government shutdown. The European Union (EU) minister agreed to prepare … Continue reading →

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GBP/USD: Pair showing convergence with its MA’s

Posted on April 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD, on Friday and closed at 1.6378. In the UK, on an annual basis, the output price inflation rose to 5.4% in March, the fastest pace since October … Continue reading →

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USD/JPY: Greenback trading flat this morning

Posted on April 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.22% against the JPY, on Friday and closed at 84.82. The Bank of Japan (BoJ) informed in its monthly report that the Japanese economy is likely to remain under strong downward … Continue reading →

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USD/CHF: Swiss Franc trading lower in Asian session

Posted on April 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.05% against the CHF, on Friday and closed at 0.9064. In Switzerland, the seasonally adjusted unemployment rate dropped to 3.3% in March compared to a reading 3.4% in February. In the … Continue reading →

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USD/CAD: Canadian dollar strengthens to a 40-month high as crude oil prices surges, trading flat this morning

Posted on April 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.41% against the CAD, on Friday to close at 0.9552. In Canada, the unemployment rate declined by 0.1% (M-o-M) to 7.7% in March. The Canadian economy lost 1,500 jobs in March, … Continue reading →

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EUR/USD: ECB hikes interest rate, EUR trading higher in Asian session

Posted on April 8, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.4300, after the European Central Bank policy makers raised the benchmark interest rate to 1.25% from a record low 1%. European Central Bank (ECB) … Continue reading →

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