Daily Archives: April 24, 2014

Crude Oil: US crude supplies advanced to the highest level in 83 years last week, indicated EIA

Posted on April 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 101.58, after the Energy Information Administration (EIA) reported that US crude inventories rose by 3.5 million barrels to 397.6 million … Continue reading →

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Silver: Silver trading higher in the Asian session

Posted on April 24, 2014 by GCI Financial

Silver Movement Silver prices rose marginally to USD 19.45 per ounce during the 24 hours ending 23:00GMT, amid strong preference for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.15% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal trading higher amid strong demand for safe-haven assets

Posted on April 24, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1284.09 per ounce. However, earlier during the day, gold prices rose as ongoing tensions in Ukraine refused to subside and soft … Continue reading →

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AUD/USD: Aussie trading higher this morning, following yesterday’s fall

Posted on April 24, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.86% against the USD to close at 0.9289, following Australian consumer inflation data. LME Copper prices rose 0.2% or $16.5/MT to $6645.0/MT. Aluminium prices declined 0.6% or $11.5/MT to … Continue reading →

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USD/CAD: Loonie trading flat amid lack of economic releases in the Canadian economy

Posted on April 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1032. On the economic front, retail sales in Canada rose 0.5% (MoM) for the second consecutive month in February to C$41.03 … Continue reading →

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USD/CHF: Franc extends its gains ahead of the Swiss trade balance data

Posted on April 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.8834. In the Asian session, at GMT0300, the pair is trading at 0.8828, with the USD trading 0.07% lower from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad higher with focus of Japan’s consumer inflation data

Posted on April 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 102.50. The Japanese Yen rose against the US Dollar as lacklustre economic releases from US and China, coupled with escalating tensions … Continue reading →

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GBP/USD: BoE minutes highlights growing dissent among policymakers over slackness in the UK economy

Posted on April 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.6783, after the minutes from the Bank of England’s April 9 policy meeting highlighted policymaker’s dissent over the amount of slack in … Continue reading →

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EUR/USD: Euro trading higher ahead of the ECB President, Mario Draghi’s speech

Posted on April 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3817, after Markit Economics reported that the Euro-zone’s composite PMI surprisingly advanced to a reading of 54.0 in April, the highest level … Continue reading →

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