USD/CAD: Canadian Dollar continues its upward journey this morning

Posted on August 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD dropped 0.31% against the CAD to close at 1.0358. In the Asian session, at GMT0300, the pair is trading at 1.0355, with the USD trading slightly lower from yesterday’s close. The … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9276. In Switzerland, the UBS real estate bubble index rose to a reading of 1.20 in the second quarter of 2013, compared … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3258. The Euro traded higher initially, after services PMI data in Europe confirmed the ease in contraction, adding to recovery signs. Services PMI … Continue reading →

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GBP/USD: Pound gained on upbeat UK services PMI, trading lower this morning

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5357, after the UK services PMI rose to a reading of 60.2 in July from a reading of 56.9 in June, showing a … Continue reading →

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USD/JPY: Yen continues to trade higher this morning

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.69% against the JPY and closed at 98.25. In the Asian session, at GMT0300, the pair is trading at 98.13, with the USD trading 0.12% lower from yesterday’s close. … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on August 5, 2013 by GCI Financial

On Friday, the AUD weakened 0.32% against the USD to close at 0.8909. LME Copper prices rose 0.3% or $20.0/MT to $7019.0/MT. Aluminium prices declined 0.4% or $6.5/MT to $1770.0/MT. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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USD/CAD: Pair trading above its MA’s

Posted on August 5, 2013 by GCI Financial

On Friday, the USD rose 0.40% against the CAD to close at 1.0390. In the Asian session, at GMT0300, the pair is trading at 1.0401, with the USD trading 0.11% higher from Friday’s close. The pair is expected to find … Continue reading →

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USD/CHF: SVME PMI jumped to 57.4 in July

Posted on August 5, 2013 by GCI Financial

On Friday, the USD declined 0.93% against the CHF and closed at 0.9287. Swiss Franc was lifted as the SVME manufacturing purchasing managers’ index in Switzerland advanced to a reading of 57.4 in July, surpassing the expected reading of 52.5 … Continue reading →

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USD/JPY: Yen trading higher ahead of the BoJ monthly economic survey data

Posted on August 5, 2013 by GCI Financial

On Friday, the USD weakened 0.53% against the JPY and closed at 98.91, as disappointing US nonfarm payrolls data put forth an unclear picture of the strength of the nation’s job market recovery. In the Asian session, at GMT0300, the … Continue reading →

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GBP/USD: Pound gained as UK construction PMI soared in July, trading lower this morning

Posted on August 5, 2013 by GCI Financial

On Friday, GBP rose 1.11% against the USD and closed at 1.5286, as the UK construction PMI surged at the highest pace since June 2010 in July. UK construction purchasing managers’ index (PMI) recorded a sharp rise to a reading … Continue reading →

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EUR/USD: Euro trading tad lower in the Asian session

Posted on August 5, 2013 by GCI Financial

On Friday, EUR rose 0.55% against the USD and closed at 1.3285. The greenback came under pressure, after data indicated that US hiring slowed in July, thereby leading to speculation that the Fed would be more cautious in tapering its … Continue reading →

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