Daily Archives: April 16, 2013

EUR/USD: Euro trading tad higher this morning

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.33% against the USD and closed at 1.3053, as weak US economic data dented investor sentiment. In the US, the Empire State manufacturing index dropped to a reading of 3.05 … Continue reading →

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USD/JPY: Yen moving southwards in the Asian session

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.66% against the JPY and closed at 96.81. In Japan’s economic news, industrial production grew 0.6% (MoM) in February, following a 0.3% increase in January and compared to a … Continue reading →

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GBP/USD: Pound trading higher in the morning session

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.5296, as investor risk appetite continued to be pressured by global growth concerns. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Room for more easing, if required, indicates RBA minutes

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.64% against the USD to close at 1.0337, following news that economic growth in China, Australia’s largest trading partner, was much slower than expected in the first quarter of this … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the producer and import prices data

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9302. In the Asian session, at GMT0300, the pair is trading at 0.9301, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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Crude Oil: Oil extended its fall on weak China, US data

Posted on April 16, 2013 by GCI Financial

  Crude Oil prices declined 3.49% against the USD for the 24 hour period ending 23:00GMT, closing at 87.34, as disappointing economic data from China and the US, the world’s biggest crude oil consumers, raised doubts over the strength of … Continue reading →

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Silver: Industrial metal continues to drop on demand concerns

Posted on April 16, 2013 by GCI Financial

  Silver prices slumped 11.92% to the USD22.88 per ounce during the 24 hours ending 23:00GMT, in line with the decline in commodity prices and concerns over demand for industrial metals following disappointing Chinese economic data. In the Asian session, … Continue reading →

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Gold: Gold continues to dive

Posted on April 16, 2013 by GCI Financial

  The yellow metal fell deeper into the bear-market territory, extending its slump into a second straight session, as prices nosedived 8.84% against the USD in the 24 hour period ending 23:00GMT, at 1353.82 per ounce. Global metal prices also … Continue reading →

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USD/CAD: Loonie slipped amid lower oil prices; trading higher this morning

Posted on April 16, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.0232, as a slump in oil prices pressured the Canadian Dollar and as the greenback continued to be lifted on the back … Continue reading →

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