AUD/USD: Aussie reverses its losses this morning

Posted on November 26, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.8532. Yesterday, the RBA, Deputy Governor, warned that the “Aussie” has persistently remained at unusually high levels and is set to … Continue reading →

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USD/CAD: Loonie trading weaker this morning

Posted on November 26, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.1257. The CAD gained ground, after Canada’s retail sales rebounded more-than-expected 0.8% on a monthly basis in September, marking its first … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s UBS consumption indicator data

Posted on November 26, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9642, following downbeat consumer confidence data in the US. In the Asian session, at GMT0400, the pair is trading at 0.9643, … Continue reading →

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GBP/USD: Hike in Britain’s key interest rates would be more gradual, indicated the BoE Chief

Posted on November 26, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.5708. In economic news, the UK’s BBA mortgage approvals dropped more than expected to a 17-month low of 37.1 K … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on November 26, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2474, following positive Q3 GDP data in Germany. Yesterday, data from Germany indicated that the nation avoided recession after its seasonally … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on November 25, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.73% against the USD to close at 0.8615. Yesterday, a survey indicated that mining sector’s contribution in the Australian economy would continue to grow strongly, despite a 40% … Continue reading →

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USD/CAD: Loonie trading weaker ahead of Canada’s monthly retail sales data

Posted on November 25, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.1286, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.1290, with the … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on November 25, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9669, following downbeat services PMI data in the US. The Swiss Franc gained ground, after number of employed people in Switzerland … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on November 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 118.34. In the Asian session, at GMT0400, the pair is trading at 117.88, with the USD trading 0.39% lower from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its gains ahead of the BoE’s inflation report hearing

Posted on November 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5705, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.5675, with the GBP … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s Q3 GDP data

Posted on November 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.2438, following encouraging IFO economic data from Germany. Yesterday, data indicated that Germany’s IFO business climate index surprisingly rose to a … Continue reading →

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