Daily Archives: April 13, 2011

Fed’s next steps unclear

Posted on April 13, 2011 by GCI Financial

FX price action was relatively subdued during the Asia session, given the lack of news and data flow. EURUSD traded 1.4455-1.4498, USDJPY 83.51-84.20. Continue reading →

Posted in Market Snapshot | Leave a comment

EUR/USD: Euro trades near a 15-month high, trading flat this morning

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.4473, surging to a fresh 15-month high, after data showed the US trade deficit shrank in February.. In the EU, the ZEW economic sentiment … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Pound weighed down as UK inflation posts surprise fall

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.53% against the USD and closed at 1.6253, after a report showed the consumer prices in UK fell unexpectedly in March, dampening expectations over the interest rate hike by the Bank … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen rises on Japan nuclear crisis, trading lower in Asian session

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 1.16% against the JPY and closed at 83.55, after the Japanese government raised its assessment of the crisis at the Fukushima Daiichi nuclear plant. Nuclear regulators raised the rating from 5 … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss franc rallied amid heightened risk aversion due to Japan’s nuclear crisis, trading lower this morning

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.20% against the CHF and closed at 0.8961. The import prices in the US, on monthly basis, rose 2.7% in March, the fastest rate of import price growth since June 2009, … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning

Posted on April 13, 2011 by GCI Financial

USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning For the 24 hours to 23:00 GMT, USD rose 0.68% against the CAD to close at 0.9625. The Bank of Canada decided to maintain the target for the overnight … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: AUD trading lower this morning

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0448. The Australian Consumer Confidence rose by 1.2% (M-o-M) in April 2011, reaching 105.3, the rise recouped half of the drop suffered in March. … Continue reading →

Posted in AUD/USD | Leave a comment

Gold: Yellow metal falls as investors took profits, trading higher in Asian session

Posted on April 13, 2011 by GCI Financial

Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1,452.40 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,454.84 per ounce, 0.17% higher from 23:00GMT. The pair … Continue reading →

Posted in Gold | Leave a comment

Silver: Continues to trade steady at elevated levels

Posted on April 13, 2011 by GCI Financial

Silver prices declined 0.55% to USD 40.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.15 per ounce, 0.17% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Oil slumps on growth concerns, trading higher in Asian session

Posted on April 13, 2011 by GCI Financial

Oil prices declined 2.78% against the USD for the 24 hour period ending 23:00GMT, closing at 105.96. In the US, the American Petroleum Institute reported that the domestic crude inventories rose by 1.2 million barrels last week. Gasoline stocks fell … Continue reading →

Posted in Crude Oil | Leave a comment