Daily Archives: April 3, 2013

GBP/USD: BRC shop price index rises in March

Posted on April 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.74% against the USD and closed at 1.5108, amid lackluster economic data. In economic news, manufacturing PMI in the UK rose to a reading of 48.3 in March, from a … Continue reading →

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EUR/USD: Euro records losses on disappointing PMI data

Posted on April 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.23% against the USD and closed at 1.2820, as weak economic data out of the Euro-zone indicated that the region was well into contraction territory last month. In economic news … Continue reading →

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AUD/USD: Australian trade deficit narrows in February

Posted on April 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0456, as the Reserve Bank of Australia (RBA) kept its cash rate at a record-matching low of 3.0% as expected. However, the central … Continue reading →

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USD/JPY: Yen retreated as BoJ meeting looms

Posted on April 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 93.35. In the Asian session, at GMT0300, the pair is trading at 93.53, with the USD trading 0.19% higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie moving southwards in the Asian session

Posted on April 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 1.0143. The Loonie registered gains as factory orders in the US, Canada’s largest trading partner, increased more-than-expected in February. Yesterday, factory orders … Continue reading →

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Crude Oil: Oil dropped as API oil inventories climbed

Posted on April 3, 2013 by GCI Financial

  Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 96.71, as the American Petroleum Institute reported that crude supplies rose 4.7 million barrels for the week ended March 29. However, gasoline … Continue reading →

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Silver: White metal retreated amid demand concerns

Posted on April 3, 2013 by GCI Financial

  Silver prices declined 2.78% to the USD27.29 per ounce during the 24 hours ending 23:00GMT, as weak manufacturing data from several European economies stoked demand fears for the industrial metal. In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on April 3, 2013 by GCI Financial

  Gold prices traded lower by 1.51% against the USD in the 24 hour period ending 23:00GMT, at 1576.32 per ounce. A noted French bank offered a dismal outlook for the yellow metal, stating that the gold price is in … Continue reading →

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USD/CHF: Disappointing Swiss PMI data proved a dampener for Swissy

Posted on April 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9488. The Swiss Franc lost its appeal after Switzerland’s manufacturing PMI declined to a reading of 48.3 in March, lower than the … Continue reading →

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