Fell yesterday, amid Mervyn King’s statement

Posted on February 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.6091. Bank of England Governor Mervyn King stated that BoE may keep borrowing costs at a record low to aid a recovery that is … Continue reading →

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Continues to trade higher

Posted on February 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.56% against the USD and closed at 1.6125. The pair opened the Asian session at 1.6132, and is trading at 1.6158 at 4.00GMT. The pair is trading 0.20% higher from the … Continue reading →

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Trading flat this morning

Posted on February 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.59% against the JPY and closed at 83.80. The Bank of Japan decided yesterday by unanimous vote to keep the benchmark rate between 0.0% and 0.1% for fifth consecutive month as … Continue reading →

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CHF higher on broad dollar weakness

Posted on February 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.30% against the CHF and closed at 0.9673. In the Asian session, at 4:00GMT, the pair is trading at 0.9647, 0.27% lower from the New York session close. The pair has … Continue reading →

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Gains in CAD muted this morning

Posted on February 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.04% against the CAD to close at 0.9896. In the Asian session at 4:00GMT, the pair is trading at 0.9880, 0.16% lower from the New York session close. The first area … Continue reading →

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AUD recouping earlier losses

Posted on February 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.66% against the USD to close at 0.9958. In the Asian session at 4:00GMT, the pair is trading at 0.9995, 0.37% higher from the New York session close. The Westpac leading … Continue reading →

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German GDP disappointed; EUR trading higher this morning

Posted on February 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3487. Germany’s economy continued to expand solidly in the Q4 of 2010, although growth slowed slightly from the Q3 and was below market expectations. … Continue reading →

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Strong metal prices boost the AUD

Posted on February 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0028. In the Asian session at 4:00GMT, the pair is trading at 1.0051, 0.23% higher from the New York session close. LME Copper prices … Continue reading →

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CAD recoups yesterday’s losses

Posted on February 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.21% against the CAD to close at 0.9893. In the Asian session at 4:00GMT, the pair is trading at 0.9872, 0.21% lower from the New York session close. The first area … Continue reading →

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CHF higher on broad dollar weakness

Posted on February 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.29% against the CHF and closed at 0.9701. In the Asian session, at 4:00GMT, the pair is trading at 0.9688, 0.29% lower from the New York session close. The pair has … Continue reading →

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Trading flat this morning

Posted on February 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.24% against the JPY and closed at 83.28. In the Asian session at 4:00GMT, the pair is trading higher from the New York close, by 0.04%, at 83.31. The first short … Continue reading →

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