Daily Archives: April 10, 2013

EUR/USD: Euro trading tad higher this morning

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.40% against the USD and closed at 1.3081. The Euro crossed the crucial 1.30 level after Germany bounced back with some decent economic data including the trade balance. Trade balance in … Continue reading →

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GBP/USD: UK economic data, NIESR report provides much needed relief to Sterling investors

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5322. Industrial production in the UK rose 1.0% (MoM) in February, compared to a 1.3% drop recorded in the previous month, while manufacturing production … Continue reading →

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USD/JPY: Yen trading tad higher this morning

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 98.98. In the economic news, machine tool orders in Japan fell 21.6% (MoM) in March, slower than the 26.4% drop recorded in the … Continue reading →

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USD/CHF: Swiss Franc trading tad lower in the Asian session

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9324. On the economic front, unemployment rate in Switzerland remained unchanged at 3.1% in March, while consumer prices dropped 0.6% (YoY) in March, … Continue reading →

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Crude Oil: EIA cut its growth forecast for oil demand for 2013 and 2014

Posted on April 10, 2013 by GCI Financial

Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 93.98. In the Asian session, at GMT0300, Crude Oil is trading at 93.89, 0.10% lower from yesterday’s close. Oil pared its previous session … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on April 10, 2013 by GCI Financial

Silver prices rose 2.56% to the USD 27.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.95, 0.14% lower from yesterday’s close. Silver is expected to find support at 27.44, … Continue reading →

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Gold: Precious metal trading tad higher this morning

Posted on April 10, 2013 by GCI Financial

Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1586.38 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1587.16, marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie gained marginally on improved housing market conditions in Canada

Posted on April 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD fell marginally against the CAD to close at 1.0159. The Canadian Dollar picked up gains after Canadian economic data printed on the positive side. Housing starts in the nation increased … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on April 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0487. LME Copper prices rose 0.4% or $28.0/MT to $7485.5/MT. Aluminium prices declined 0.4% or $7.0/MT to $1858.5/MT. In the Asian session, at … Continue reading →

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