Daily Archives: April 3, 2014

AUD/USD: Australian economy to face shortage of workers than jobs, says RBA Chief, Glenn Stevens

Posted on April 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9247. Late yesterday, the Australian Industry Group (AiG) reported that performance of its service index for Australia fell to a reading … Continue reading →

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Crude Oil: EIA reported an unexpected drop in the weekly US crude stockpiles

Posted on April 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 99.31, amid concerns of over-supply in the market after Libyan rebels clinched a deal with the nation’s Government, paving the … Continue reading →

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Silver: White metal trading lower this morning, following yesterday’s surge

Posted on April 3, 2014 by GCI Financial

Silver Movement Silver prices rose 1.27% to USD 20.02 per ounce during the 24 hours ending 23:00GMT, amid bargain hunting. In the Asian session, at GMT0300, Silver is trading at 19.93, 0.45% lower from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Precious metal extends its gains in the Asian trading hours

Posted on April 3, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1290.98 per ounce, as traders took advantage of the recent retreat in the precious metal and increased their exposure to it … Continue reading →

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USD/CAD: Loonie reverses its losses in the morning trading hours

Posted on April 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1033 as traders cheered an upbeat US factory orders data and a report by ADP which revealed that US private sector … Continue reading →

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USD/CHF: Swiss Franc continues to trade lower in the Asian session

Posted on April 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.8866 In the Asian session, at GMT0300, the pair is trading at 0.8873, with the USD trading 0.10% higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad lower in the Asian session

Posted on April 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 103.89, following strong US factory orders data. In the Asian session, at GMT0300, the pair is trading at 103.94, with the … Continue reading →

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GBP/USD: UK construction PMI unexpectedly fell in March

Posted on April 3, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6627 after official data showed that construction PMI for the UK economy edged down to a reading of 62.5 in March, … Continue reading →

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EUR/USD: ECB should ease monetary policy to combat low inflation, says IMF

Posted on April 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.3767. The US Dollar gained ground after data showed that factory orders in the US rose more-than-expected 1.6% (MoM) in February, … Continue reading →

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