USD recoups yesterday’s losses this morning

Posted on February 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.22% against the CAD to close at 0.9833. In the Asian session at 4:00GMT, the pair is trading at 0.9862, 0.29% higher from the New York session close. The first area … Continue reading →

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Trading higher on dollar strength

Posted on February 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9471. In the Asian session, at 4:00GMT, the pair is trading at 0.9490, 0.20% higher from the New York session close. In Switzerland, M3 … Continue reading →

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Awaiting data releases in Japan

Posted on February 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.06% against the JPY and closed at 83.14. In Japan yesterday, Ministry of Economy, Trade and Industry reported that All Industry Activity Index fell by 0.2% (M-o-M) in December 2010, following … Continue reading →

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Trading below short term moving averages

Posted on February 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6226. The pair opened the Asian session at 1.6226, and is trading at 1.6166 at 4.00GMT. The pair is trading 0.37% lower from the … Continue reading →

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Dollar higher, as Mideast tensions flare, despite robust Euro data

Posted on February 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3675. In the EU, service sector PMI came in at 57.2 in February & the manufacturing sector at 59.0. In Germany, service sector PMI … Continue reading →

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Has given up some gains this morning

Posted on February 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD on Friday to close at 1.0146. In the Asian session at 4:00GMT, the pair is trading at 1.0124, 0.22% lower from the New York session close. LME … Continue reading →

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Flattish trade continues

Posted on February 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD on Friday to close at 0.9858. Consumer prices in Canada rose 2.3% (Y-o-Y) on an annual basis in January, following a 2.4% increase recorded in December. Additionally, … Continue reading →

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USD continuing to trade lower

Posted on February 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF on Friday and closed at 0.9463. In the Asian session, at 4:00GMT, the pair is trading at 0.9455, 0.08% lower from the New York session close. The … Continue reading →

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Trading lower than short term MA’s

Posted on February 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY on Friday and closed at 83.07. In the Asian session at 4:00GMT, the pair is trading higher from the New York close, by 0.07%, at 83.13. The … Continue reading →

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Trading unchanged this morning, amid strong UK economic data

Posted on February 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD on Friday and closed at 1.6234. BoE Governor, Mervyn King stated that global imbalances threaten the sustainability of the recovery in global demand and failure in addressing … Continue reading →

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Flat, after Friday’s rise

Posted on February 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD on Friday and closed at 1.3685. In Germany, producer price index rose 1.2% (M-o-M) in January versus a 0.7% rise in December. The annual producer price inflation … Continue reading →

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