Daily Archives: April 4, 2014

Crude Oil: Crude trading above its MA’s

Posted on April 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.05% against the USD for the 24 hour period ending 23:00GMT, closing at 100.36, amid lingering concerns over talks between the Libyan government and rebels for reopening oil ports in the nation. Crude … Continue reading →

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Silver: Silver trading higher this morning, following yesterday’s fall

Posted on April 4, 2014 by GCI Financial

Silver Movement Silver prices declined 0.98% to USD 19.82 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the US Dollar. In the Asian session, at GMT0300, Silver is trading at 19.83, tad higher from yesterday’s close. … Continue reading →

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Gold: Precious metal trading higher this morning

Posted on April 4, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1285.14 per ounce, hurt by a stronger US Dollar. In the Asian session, at GMT0300, Gold is trading at 1286.22, 0.08% … Continue reading →

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AUD/USD: Aussie pares its losses in the morning session

Posted on April 4, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.15% against the USD to close at 0.9233, hurt by soft Australian retail sales and Chinese service PMI data. Yesterday, the PBOC stated that the domestic price levels in … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s employment data

Posted on April 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1037. However, the Canadian Dollar pared some its initial losses after data showed that Canada’s merchandise trade balance swung to a … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on April 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8908. In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading 0.17% higher from yesterday’s … Continue reading →

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USD/JPY: BoJ should be appreciated for its aggressive monetary policy, says Japan’s Finance Minister, Aso

Posted on April 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 103.90. In the Asian session, at GMT0300, the pair is trading at 103.95, with the USD trading slightly higher from yesterday’s … Continue reading →

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GBP/USD: Interest rate in the UK to remain at current low level for some more time, rise only to be gradual, opines BoE’s McCafferty

Posted on April 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.16% against the USD and closed at 1.6599, after Markit Economics reported that its PMI for the UK’s service sector fell to a 9-month low reading of 57.6 in … Continue reading →

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EUR/USD: Policymakers discussed QE at the latest policy meeting, indicated ECB Chief, Draghi

Posted on April 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3724, after the ECB President, Mario Draghi signalled that policymakers discussed QE as well as a negative interest rate at the central … Continue reading →

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