EUR/USD: Spanish employment figures helped buoy Euro

Posted on June 5, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3072, as Spanish employment numbers came in better than market expectations. The number of unemployed people in Spain slipped sharply by 98.3K in May, … Continue reading →

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GBP/USD: Pound moving upwards in the morning session, services PMI due later today

Posted on June 5, 2013 by GCI Financial

  GBP failed take advantage of an upbeat UK construction PMI, declining 0.13% against the USD, to close at 1.5302, for the 24 hours to 23:00 GMT. The construction purchasing managers’ index (PMI) in the UK advanced to a reading … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 100.27. In the Asian session, at GMT0300, the pair is trading at 100.01, with the USD trading 0.26% lower from yesterday’s close. … Continue reading →

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USD/CHF: Swissy moving northwards this morning

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9484. In the Asian session, at GMT0300, the pair is trading at 0.9474, with the USD trading 0.11% lower from yesterday’s close. … Continue reading →

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USD/CAD: Canada’s trade deficit widened in April

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD to close at 1.0350. The loonie came under pressure as Canada’s international merchandise trade deficit widened to CAD$567 million in April, compared to a revised … Continue reading →

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AUD/USD: RBA keeps its interest rate unchanged at 2.75%

Posted on June 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.37% against the USD to close at 0.9752. LME Copper prices rose 1.2% or $89.5/MT to $7330.5/MT. Aluminium prices rose 0.7% or $13.0/MT to $1888.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on June 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CAD to close at 1.0286. The Canadian Dollar had benefitted from the rise in crude oil prices. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CHF: Swissy gained as investors cheered manufacturing PMI data; trading lower this morning

Posted on June 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.87% against the CHF and closed at 0.9478. Encouraging Euro-zone manufacturing data along with an upbeat Swiss manufacturing PMI figure helped buoy the Swiss Franc. According to Swiss Association … Continue reading →

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USD/JPY: Japanese monetary base increases in May

Posted on June 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.75% against the JPY and closed at 99.74. In the Asian session, at GMT0300, the pair is trading at 99.70, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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GBP/USD: BRC retail sales records a rise in May

Posted on June 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.76% against the USD and closed at 1.5322, as manufacturing activity in the UK grew at the fastest pace in 14 months in May. UK’s manufacturing PMI jumped to a … Continue reading →

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EUR/USD: Euro-zone PMI data boosted market sentiment; trading lower in the Asian session

Posted on June 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.3071, as investor sentiment was lifted on faster than expected expansion in manufacturing activities in the Euro-zone. Manufacturing PMI in the Euro-zone climbed … Continue reading →

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