Daily Archives: April 18, 2013

GBP/USD: Sterling weighed by UK unemployment data, BoE minutes; trading higher this morning

Posted on April 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.74% against the USD and closed at 1.5245, the Bank of England’s (BoE) policy makers continued to remain divided for further asset purchases as the latest minutes revealed that the … Continue reading →

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AUD/USD: Aussie gains as business sentiment in Australia improves significantly

Posted on April 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.77% against the USD to close at 1.0302. LME Copper prices declined 2.1% or $1520/MT to $7067.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1855.5/MT. In the Asian session, at … Continue reading →

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EUR/USD: European debt crisis could last a decade, cautions Bundesbank Chief

Posted on April 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 1.09% against the USD and closed at 1.3035, as investor sentiment dented after European Central Bank’s (ECB) Governing Council member and Bundesbank Chief, Jens Weidmann, stated that the ECB could … Continue reading →

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USD/JPY: Japan’s merchandise trade deficit narrowed in March

Posted on April 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 98.07. In economic news, the seasonally adjusted consumer confidence index in Japan rose to a reading of 44.8 in March, from a … Continue reading →

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USD/CAD: Loonie retreated after BoC lowered growth outlook; trading higher this morning

Posted on April 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.0265. The Loonie came under pressure after the Bank of Canada’s (BoC) monetary policy committee voted to maintain its overnight borrowing rate … Continue reading →

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USD/CHF: Switzerland’s trade balance data due later today

Posted on April 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9326. In Switzerland’s economic news, the ZEW survey indicator of economic expectations surged to a reading of 20.0 in April, compared to … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on April 18, 2013 by GCI Financial

  Crude Oil prices declined 3.14% against the USD for the 24 hour period ending 23:00GMT, closing at 86.16. Yesterday, the Energy Information Administration (EIA) reported that, for the week ended April 12, crude supplies fell 1.2 million barrels. Distillate … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 18, 2013 by GCI Financial

  Silver prices declined 0.53% to the USD23.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.13, 1.09% lower from yesterday’s close. Silver is expected to find support at 22.52, … Continue reading →

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Gold: Yellow metal moving southwards in the Asian session

Posted on April 18, 2013 by GCI Financial

  Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1377.80 per ounce. In the Asian session, at GMT0300, Gold is trading at 1362.30, 1.12% lower from yesterday’s close. Gold is expected … Continue reading →

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