USD/CAD: Pair trading above its MA’s

Posted on March 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.74% against the CAD to close at 0.9925. In Canada, manufacturing shipments rose by 4.5% (M-o-M) in January from 0.6% rise in December. In the US, current account deficit narrowed to … Continue reading →

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AUD/USD: AUD trading higher in Asian session

Posted on March 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.11% against the USD to close at 0.9793. In Australia, number of new dwelling unit commencements declined by 5.3% to 37,897 in 4Q2011 compared to 3Q2010. In the US, MBA mortgage … Continue reading →

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EUR/USD: Euro slips on Japan crisis, disappointing German data

Posted on March 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.06% against the USD and closed at 1.3982. The EU finance commissioner, Michel Barnier stated that the EU cannot afford to delay proposals to restrict short selling over concerns that the … Continue reading →

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GBP/USD: GBP trading lower this morning

Posted on March 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.59% against the USD and closed at 1.6072. In the UK, leading indicator index rose by 0.4% (M-o-M) to 103 in January from 102.6 in December. Additionally, the Department of Communities … Continue reading →

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USD/JPY: Trading flat in Asian session

Posted on March 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 1.21% against the JPY and closed at 80.83, as fears of increase in nuclear crisis following earthquake and tsunami sent Tokyo’s stock market and global equities tumbling. In Japan, central bank … Continue reading →

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USD/CHF: Greenback trading higher this morning

Posted on March 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.87% against the CHF and closed at 0.9167. In the US, the National Association of Home Builders (NAHB) reported that the housing price index rose to 17.0 in March, following a … Continue reading →

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USD/CAD: Trading flat in Asian session

Posted on March 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.13% against the CAD to close at 0.9852. In the US, The Federal Reserve left its benchmark rate unchanged in the range of 0.0% to 0.25% and maintained its plan to … Continue reading →

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AUD/USD: AUD retreated on weak economic data; trading flat in Asian session

Posted on March 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.82% against the USD to close at 0.9903. In Australia, Westpac leading index declined to 3.5% in January, compared to 4.6% in the previous month. Additionally, housing starts fell by 5.3% … Continue reading →

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

Posted on March 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.13% against the USD to close at 1.0098. In Australia, Assistant Governor of the Reserve Bank of Australia, Guy Debelle stated that growth over the next few years will be investment-intensive … Continue reading →

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USD/CAD: USD erases losses as crude retreats after Japan quake; continue to trade higher this morning

Posted on March 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 0.9736. In Canada, capacity utilization rose to 76.4% in 4Q FY2010 compared to a 76.2% rate posted in 3Q FY2010. In the Asian session … Continue reading →

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USD/CHF: Trading flat in Asian session

Posted on March 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.29% against the CHF and closed at 0.9240. In the Asian session, at 4:00GMT, the pair is trading at 0.9238, 0.02% lower from the New York session close. The pair has … Continue reading →

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