AUD/USD: Aussie trading lower in the Asian session

Posted on January 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.92% against the USD to close at 0.8822. LME Copper prices rose 0.5% or $36.5/MT to $ 7345.5/MT. Aluminium prices rose 2.2% or $37.0/MT to $ 1752.0/MT. In the … Continue reading →

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USD/CAD: BoC’s current policy appropriate, Canadian PM Stephen Harper

Posted on January 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0934. The Canadian Dollar was supported after a report by Statistics Canada indicated that foreign investors’ investment doubled to CAD 8.66 … Continue reading →

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USD/CHF: Value of Swiss Franc is still high, says SNB’s Jordan

Posted on January 17, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9052. Yesterday, the Swiss National Bank (SNB) President, Thomas Jordan opined that the cap on the Swiss Franc is set to … Continue reading →

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USD/JPY: Government describes the Japanese economy as “recovering” for 1st time since January 2008

Posted on January 17, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.27% against the JPY and closed at 104.31. Yesterday, Fitch Ratings indicted that the Japan’s increasing current account deficit is a warning that the country needs medium-term fiscal … Continue reading →

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GBP/USD: British Pound extends its losses in the Asian session

Posted on January 17, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6347. In the Asian session, at GMT0400, the pair is trading at 1.6332, with the GBP trading 0.09% lower from yesterday’s close. … Continue reading →

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AUD/USD: Australian economy lost 22,600 jobs in December

Posted on January 16, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.61% against the USD to close at 0.8905. LME Copper prices declined 0.5% or $34.0/MT to $7309.0/MT. Aluminium prices fell 0.6% or $10.0/MT to $1715.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie pares its losses in the Asian session

Posted on January 16, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0949. In economic news, existing home sales in Canada declined 1.8% (MoM) in December, compared to a 0.1% drop registered in … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of SNB Chairman’s speech

Posted on January 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the CHF and closed at 0.9092, following a broad strength in the dollar following comments by the Chicago Fed President, Charles Evans, and after the Fed … Continue reading →

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USD/JPY: Yen trading lower in the morning session

Posted on January 16, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 104.60, after the Chicago Fed President, Charles Evans suggested better growth prospects for the nation. Positive sentiment for the greenback was … Continue reading →

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GBP/USD: “Interest rate hike self-defeating”, says BoE Governor, Mark Carney

Posted on January 16, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.44% against the USD and closed at 1.6361, after the Bank of England (BoE) Governor, Mark Carney, played down speculations of an interest-rate hike, by stating that a rate … Continue reading →

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EUR/USD: Euro trading higher ahead of Euro-zone’s consumer inflation report

Posted on January 16, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.49% against the USD and closed at 1.3600. The US Dollar gained ground against the Euro after the Fed, in its Beige Book, expressed positive outlook for economic growth … Continue reading →

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