Daily Archives: April 9, 2013

Crude Oil: Oil trading higher in the Asian session

Posted on April 9, 2013 by GCI Financial

  Crude Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 93.38, following the failure of nuclear talks between world powers and Iran and amid conflicts in Nigeria. On Saturday, Iran and a … Continue reading →

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GBP/USD: Pound reverses losses, moving upwards in the Asian session

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.56% against the USD and closed at 1.5263. In the Asian session, at GMT0300, the pair is trading at 1.5267, with the GBP trading marginally higher from yesterday’s close. In … Continue reading →

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Silver: White metal trading higher in today’s morning session

Posted on April 9, 2013 by GCI Financial

  Silver prices declined 0.32% to the USD27.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.35, 0.20% higher from yesterday’s close. Silver is expected to find support at 27.21, … Continue reading →

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AUD/USD: Aussie rises on softer Chinese inflation data

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.65% against the USD to close at 1.0419. LME Copper prices rose 1.1% or $81.5/MT to $7457.5/MT. Aluminium prices rose 1.1% or $20.5/MT to $1865.5/MT. In the Asian session, at … Continue reading →

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USD/JPY: Weakness in the Japanese economy is reducing, indicates BoJ minutes

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 99.33. The Yen fell, after the Bank of Japan conducted its first government bond purchasing operation early yesterday. In economic news, Japan’s … Continue reading →

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Gold: Yellow metal declined amid profit booking; trading higher this morning

Posted on April 9, 2013 by GCI Financial

  Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1573.25 per ounce, as investors indulged in profit booking following Friday’s rally. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

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USD/CAD: Loonie trading flat this morning

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0168. In economic news, the Bank of Canada’s business outlook survey indicated that the overall business lending conditions during the Q12013 dropped … Continue reading →

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EUR/USD: Euro continues to trade higher

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.3029. The US Dollar dropped as traders speculated that the policy makers in the US would maintain or expand monetary stimulus measures, after … Continue reading →

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USD/CHF: Swissy reverses trend; trading tad higher in the Asian session

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9343. In Switzerland, industrial production rose 1.7% (YoY) in the 4Q 2012, compared to a revised 2.5% growth recorded in the previous … Continue reading →

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