USD/CHF: Swissy trading lower, trade balance data awaited

Posted on June 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.99% against the CHF and closed at 0.9294. In the Asian session, at GMT0300, the pair is trading at 0.9297, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/JPY: Pair rallied as Bernanke says Fed could taper buying

Posted on June 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.04% against the JPY and closed at 96.58, after the US Federal Reserve announced plans to slow its purchases of bonds to stimulate the US economy in the coming … Continue reading →

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USD/CAD: Loonie suffered after Bernanke indicated Fed could reduce buying

Posted on June 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD to close at 1.0282, after Federal Reserve Chairman, Ben S. Bernanke indicated that risks to the US economy have reduced and policy makers could lower … Continue reading →

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GBP/USD: Pound dropped following BoE minutes

Posted on June 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 1.00% against the USD and closed at 1.5474, as investor sentiment dented after the Bank of England Governor, Mervyn King in his final speech opined that the central bank needs … Continue reading →

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EUR/USD: Dollar advanced on Ben Bernanke comments

Posted on June 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.83% against the USD and closed at 1.3282. The US Dollar registered gains after the Federal Reserve Chairman, Ben Bernanke indicated that the US central bank’s policy setting committee could … Continue reading →

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AUD/USD: Australia`s Westpac leading index and CB leading economic index rise in April

Posted on June 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.95% against the USD to close at 0.9465. LME Copper prices declined 0.7% or $50.0/MT to $6970.5/MT. Aluminium prices rose 0.3% or $5.5/MT to $1795.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Pair trading above its MA’s

Posted on June 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0221. In the Asian session, at GMT0300, the pair is trading at 1.0226, with the USD trading marginally higher from yesterday’s close, … Continue reading →

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USD/CHF: Swiss Franc moving higher in the Asian session

Posted on June 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9204. In the Asian session, at GMT0300, the pair is trading at 0.9196, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/JPY: Japanese merchandise trade deficit widens in May

Posted on June 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.08% against the JPY and closed at 95.59. On the economic front, Japan’s capacity utilisation rebounded in April, while industrial production dropped more than the preliminary estimate in April. … Continue reading →

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GBP/USD: Pound moving tad higher ahead of the BoE minutes

Posted on June 19, 2013 by GCI Financial

  Despite positive UK economic data GBP fell 0.53% against the USD for the 24 hours to 23:00 GMT and closed at 1.5632, as investors exercised caution ahead of the Federal Reserve’s policy statement. In the UK, the consumer price … Continue reading →

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EUR/USD: Euro advanced as German, Euro data met market expectations; trading lower this morning

Posted on June 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3394, amid upbeat Euro-zone and German sentiment figures. The European Economic Research (ZEW) indicated that the economic sentiment index in Germany rose to … Continue reading →

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