Daily Archives: April 17, 2013

USD/JPY: Pair trading above its MA’s

Posted on April 17, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.84% against the JPY and closed at 97.62. In the Asian session, at GMT0300, the pair is trading at 98.15, with the USD trading 0.54% higher from yesterday’s close. The … Continue reading →

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GBP/USD: Pound trading flat ahead of the BoE minutes

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.5358. Yesterday, the IMF downgraded UK’s growth projection and indicated that the British economy is expected to grow 0.7% in 2013 and 1.5% … Continue reading →

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EUR/USD: Euro moving southwards in the Asian session

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.96% against the USD and closed at 1.3178. Yesterday, the International Monetary Fund (IMF) indicated that the Euro-zone remains the weakest part of the global economy. Moreover, it further emphasized … Continue reading →

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USD/CHF: Swissy recorded a rise yesterday, trading tad lower this morning

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.90% against the CHF and closed at 0.9225. Yesterday, the Swiss National Bank’s Vice President, Jean-Pierre Danthine, stated that the rise in property prices and increased leverage have put … Continue reading →

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USD/CAD: Loonie surrenders gains ahead of the BoC’s interest rate decision

Posted on April 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0219. Yesterday, the seasonally adjusted manufacturing sales in Canada rose 2.6% (MoM) to C$49.6 billion in February, compared to a revised decline … Continue reading →

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AUD/USD: Australia’s leading index continues to advance in February

Posted on April 17, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 1.0382. Yesterday, the assistant governor for financial markets at the Reserve Bank of Australia, Guy Debelle, stated that capital flows to fund mining investment … Continue reading →

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Crude Oil: Big drop in US crude oil inventories last week, reports API

Posted on April 17, 2013 by GCI Financial

Crude Oil ended its losing streak and advanced 1.84% against the USD for the 24 hour period ending 23:00GMT, closing at 88.95, as the API registered a drop in crude supplies. Late yesterday, the American Petroleum Institute (API) reported that … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 17, 2013 by GCI Financial

Silver prices rose 2.78% to the USD23.51 per ounce during the 24 hours ending 23:00GMT, tracking the rise in gold prices. In the Asian session, at GMT0300, Silver is trading at 23.44, 0.32% lower from yesterday’s close. Silver is expected … Continue reading →

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Gold: Gold reverses trend amid bottom fishing

Posted on April 17, 2013 by GCI Financial

  Gold reversed its downward trend and traded higher by 1.37% against the USD in the 24 hour period ending 23:00GMT, at 1372.32 per ounce, as bottom fishers indulged in buying after the price plunged to its weakest since early … Continue reading →

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