Daily Archives: April 15, 2011

EUR/USD: Euro turns lower on peripheral debt concerns

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.4485, dented by speculation that Greece and possibly Ireland may be forced to restructure their massive debts, pushing peripheral Euro-zone bond yields higher. Continue reading →

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GBP/USD: Trading flat this morning

Posted on April 15, 2011 by GCI Financial

The Bank of England policy maker, Paul Tucker stated that policy makers across the world would need to deepen cooperation and share information to ensure future financial stability. Continue reading →

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USD/JPY: Japanese Yen soars as the nuclear crisis deepens

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.17% against the JPY and closed at 83.63, as Japan’s nuclear crisis deepens. US officials warned of a possible catastrophic nuclear situation in Japan spreading fears and global uncertainty. Continue reading →

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USD/CHF: Swiss Franc continues its northward journey

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF and closed at 0.8926. In Switzerland, the ZEW economic sentiment index rose by 22.3 points to post a reading of 8.8 in April, the first positive reading since August 2010. Continue reading →

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USD/CAD: Loonie backpedals in Asian session

Posted on April 15, 2011 by GCI Financial

he Philadelphia Federal Reserve President, Charles Plosser indicated that there is ample evidence that the US economy is on the mend and that a moderate but sustainable recovery was underway. Continue reading →

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AUD/USD: Aussie falls on speculation China would raise rates

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0539. Minneapolis Federal Reserve, President Narayana Kocherlakota stated that the recent rise in oil prices was no prelude to broader price increases that would … Continue reading →

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Gold: Gold rebounds as Dollar retreats, trading lower this morning

Posted on April 15, 2011 by GCI Financial

Gold prices traded higher by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1,476.80 per ounce, as US dollar weakened. In the Asian session at 3:00GMT, gold is trading at USD 1,475.28 per ounce, 0.10% lower … Continue reading →

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Silver: Trading above $42 per ounce in Asian session

Posted on April 15, 2011 by GCI Financial

Silver prices rose 4.24% to USD 42.26 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 42.25 per ounce, 0.02% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude oil pushes past $108 per barrel

Posted on April 15, 2011 by GCI Financial

Oil prices advanced 1.12% against the USD for the 24 hour period ending 23:00GMT, closing at 108.54, as the dollar fell and events in Libya caused fears over supply. At GMT 0300, Oil is trading at USD 108.15 per barrel … Continue reading →

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