Daily Archives: April 23, 2014

EUR/USD: ECB still has several instruments to loosen monetary policy, hints ECB’s Coeure

Posted on April 23, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.3807, benefited from a report that showed consumer confidence in the Euro-zone economy improved more-than-expected by 0.6 points (MoM) to -8.7 … Continue reading →

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Crude Oil: Crude trading below its MA’s

Posted on April 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.23% against the USD for the 24 hour period ending 23:00GMT, closing at 101.94, amid speculation that a US government report to be released later today might show that crude stockpiles in the … Continue reading →

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

Posted on April 23, 2014 by GCI Financial

Silver Movement Silver prices marginally declined to USD 19.44 per ounce during the 24 hours ending 23:00GMT, amid soft demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.45, 0.06% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal trading marginally lower in the morning session

Posted on April 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1284.94 per ounce, as optimism on the recovery of the US economy and a rally in the US equity markets lured … Continue reading →

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AUD/USD: Aussie pares gains following Australia’s consumer inflation data

Posted on April 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.36% against the USD to close at 0.9370. LME Copper prices edged down slightly by $2.5/MT to $6628.5/MT. Aluminium prices rose 0.5% or $10.0/MT to $1847.0/MT. In the … Continue reading →

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USD/CAD: Loonie continues to trade lower in the morning

Posted on April 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.1028. Yesterday, official data from Canada showed that wholesale sales in the nation rose 1.1% to C$50.67 billion, the largest increase … Continue reading →

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

Posted on April 23, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.8848. On the economic front, Switzerland’s M3 money supply growth accelerated for the third consecutive month by 9.0% (YoY) in March, … Continue reading →

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USD/JPY: Japan’s consumer inflation in FY2013 might have exceeded BoJ’s expectations, opines BoJ Governor

Posted on April 23, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 102.63. In economic news, Japan’s leading index fell less-than-estimated in February to a near a six-month low reading of 108.9 while … Continue reading →

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GBP/USD: Pound trading tad higher with focus on BoE minutes

Posted on April 23, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.20% against the USD and closed at 1.6823, ahead of the release of the minutes from the Bank of England’s (BoE) latest monetary policy meeting, which is widely … Continue reading →

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