Daily Archives: April 5, 2013

EUR/USD: Euro trimmed losses on downbeat US jobless data; trading tad higher this morning

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.60% against the USD and closed at 1.2926, as an unexpected rise in the US initial jobless claims data for the week ended 30th March 2013 pressured the greenback. However, … Continue reading →

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GBP/USD: Pound advanced as BoE refrained from more stimulus

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.5224, after the Bank of England refrained from expanding economic stimulus by leaving its monetary policy unchanged. The Bank of England’s (BoE) Monetary … Continue reading →

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USD/JPY: BoJ’s aggressive monetary easing continues to push Yen lower

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 3.84% against the JPY and closed at 96.43. The Yen plummeted after the Bank of Japan’s new Governor, Haruhiko Kuroda lived up to his promise of embarking on aggressive … Continue reading →

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USD/CAD: Loonie trading flat this morning, Canadian jobless data awaited

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0130, after US jobless claims increased unexpectedly in the last week. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Aussie dropped as demand for greenback rose

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0424, despite strong Australian economic data, as demand for the greenback increased after the Bank of Japan expanded its monetary stimulus. LME Copper … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 5, 2013 by GCI Financial

  Silver prices declined 0.40% to the USD26.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.86, 0.22% lower from yesterday’s close. Silver is expected to find support at 26.66, … Continue reading →

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USD/CHF: Swissy trading tad higher this morning

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9407. In the Asian session, at GMT0300, the pair is trading at 0.9402, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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Crude Oil: Crude oil dropped as investor risk appetite waned

Posted on April 5, 2013 by GCI Financial

  Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 93.46, as investors risk appetite decreased following comments from the European Central Bank’s President on downside risks to the region’s economic recovery. … Continue reading →

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Gold: Yellow metal continue to lose its shine

Posted on April 5, 2013 by GCI Financial

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1552.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1551.94, marginally lower from yesterday’s close. Gold is expected … Continue reading →

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