USD/JPY: Yen trading higher ahead of Japan’s GDP data

Posted on November 13, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.43% against the JPY and closed at 99.59. In economic news, Japan’s consumer confidence index fell to a reading of 41.2 in October, defying analysts’ call for a … Continue reading →

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GBP/USD: UK consumer inflation rate rose less than market expectations for October

Posted on November 13, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.61% against the USD and closed at 1.5890, hurt by a lacklustre growth in the UK’s consumer price index for October. UK’s consumer inflation rate rose to 2.2% (YoY) … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on November 13, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.3438. The US Dollar came under pressure after two key Fed officials expressed their reluctance for an early tapering of the central … Continue reading →

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AUD/USD: National Australia Bank business confidence declined in October

Posted on November 12, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9366, hurt by the latest batch of lacklustre economic data from China, Australia’s largest trading partner. People’s Bank of China (PBoC) reported … Continue reading →

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USD/CAD: Loonie trading lower amid lack of economic data from Canada

Posted on November 12, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0471, in a holiday-thin trade. In the Asian session, at GMT0400, the pair is trading at 1.0482, with the USD trading … Continue reading →

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USD/CHF: Swiss Franc converging with its MA’s

Posted on November 12, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9196, on profit booking. In the Asian session, at GMT0400, the pair is trading at 0.9204, with the USD trading 0.09% … Continue reading →

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USD/JPY: Yen trading lower

Posted on November 12, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 99.16, as investors cashed in their recent profits following Friday’s upbeat US non-farm payroll data. Meanwhile in Japan, the Cabinet Office … Continue reading →

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GBP/USD: Pound trading steady ahead of UK consumer inflation data

Posted on November 12, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.5987, on a quiet trading day amid lack of economic releases from the UK. In the Asian session, at GMT0400, the pair … Continue reading →

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

Posted on November 12, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3408, in a clam Monday session. In economic news, on a seasonally adjusted basis, industrial output in Italy rose 0.2% (MoM) in … Continue reading →

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USD/CAD: Canadian economy added fewer than expected jobs in October

Posted on November 11, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.33% against the CAD to close at 1.0488, as a better-than-expected US employment data, boosted the demand for the US Dollar. In Canada, on a seasonally adjusted yearly basis, housing starts in the … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on November 11, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.78% against the USD to close at 0.9381, hurt by the Reserve Bank of Australia’s (RBA) decision to trim its growth forecasts on the Australian economy for 2014. On Sunday, a report from … Continue reading →

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