GBP/USD: UK’s Gfk consumer confidence improves in June

Posted on June 28, 2013 by GCI Financial

  GBP fell 0.40% for the 24 hours to 23:00 GMT, against the USD and closed at 1.5256, after reports showed that the GDP in the UK rose 0.3% (YoY) in the first quarter of 2013, lower than the preliminary … Continue reading →

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EUR/USD: Euro rose as positive Euro-zone economic data lifted investor sentiment

Posted on June 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3036, as a string of solid Euro-zone economic figures instilled confidence in investors. The Euro-zone’s economic sentiment indices improved in June along with … Continue reading →

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AUD/USD: Aussie gained as disappointing US GDP data boosts stimulus bets

Posted on June 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.45% against the USD to close at 0.9289, as disappointing US GDP figures raised investor expectations that the US Federal Reserve may hold off on reining in its economic stimulus … Continue reading →

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USD/CAD: Pair fell on bets Fed stimulus to continue

Posted on June 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD to close at 1.0470, after the President of the Federal Reserve Bank (Fed) of Richmond, Jeffrey Lacker indicated that the US economy could witness a … Continue reading →

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USD/CHF: Swissy trading higher this morning

Posted on June 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9424. In Switzerland, the UBS group reported that the consumption indicator rose to a reading of 1.46 in May, from a revised … Continue reading →

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USD/JPY: Yen dropped against the USD

Posted on June 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.53% against the JPY and closed at 97.65. In the Asian session, at GMT0300, the pair is trading at 97.77, with the USD trading 0.12% higher from yesterday’s close. … Continue reading →

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GBP/USD: Pound trading higher this morning; UK GDP data awaited later today

Posted on June 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.58% against the USD and closed at 1.5319, after the UK government announced deep spending cuts and cautioned that the British economy was still weak. In a government spending review, … Continue reading →

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EUR/USD: Draghi’s comments weighed on Euro; trading higher this morning

Posted on June 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.46% against the USD and closed at 1.3016, after the European Central Bank President, Mario Draghi, highlighted downside risks to Euro-zone’s growth and stated that the central bank would retain … Continue reading →

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AUD/USD: Aussie moving tad higher in the Asian session

Posted on June 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.31% against the USD to close at 0.9246. LME Copper prices rose 1.3% or $89.0/MT to $6726.5/MT. Aluminium prices rose 0.9% or $15.5/MT to $1744.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on June 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.0525, as better than expected US macroeconomic data added to evidence that the Federal Reserve might taper its bond-buying. In the Asian … Continue reading →

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USD/CHF: Pair trading above its MA’s

Posted on June 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CHF and closed at 0.9393. In the Asian session, at GMT0300, the pair is trading at 0.9383, with the USD trading 0.11% lower from yesterday’s close. … Continue reading →

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