Daily Archives: April 23, 2013

EUR/USD: Dollar pressured on weak home sales data; trading higher this morning

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3059. The greenback traded lower yesterday after existing home sales data in the US dropped unexpectedly in March. Also, the Federal Reserve Bank (Fed) … Continue reading →

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GBP/USD: Pound reverses previous session gains

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.49% against the USD and closed at 1.5299. The US Dollar came under pressure, after economic data revealed that the US housing sector still faces setbacks long its road to recovery. … Continue reading →

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USD/JPY: Yen continues to register gains in the Asian session

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.63% against the JPY and closed at 99.20. In Japan’s economic news, supermarket sales climbed 1.7% annually in March, from a decline of 5.5% reported in the previous month, while … Continue reading →

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USD/CHF: Swissy trading lower in the morning session

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9345. Yesterday, the Swiss National Bank reported that M3 money supply in Switzerland increased 9.9% in March, compared to a 9.8% rise reported … Continue reading →

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USD/CAD: Canadian Dollar trading lower this morning

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0259. In the Asian session, at GMT0300, the pair is trading at 1.0275, with the USD trading 0.16% higher from yesterday’s close. The … Continue reading →

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AUD/USD: Aussie under pressure as Chinese PMI disappoints

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.11% against the USD to close at 1.0264. LME Copper prices declined 1.4% or $99.5/MT to $6875.5/MT. Aluminium prices declined 1.6% or $30.5/MT to $1841.0/MT. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil edged up on the back of bargain hunting

Posted on April 23, 2013 by GCI Financial

Crude Oil prices advanced 1.44% against the USD for the 24 hour period ending 23:00GMT, closing at 89.37, as investors indulged in bargain hunting following last week’s plunge in oil prices. In the Asian session, at GMT0300, Crude Oil is … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 23, 2013 by GCI Financial

Silver prices rose 0.48% to the USD23.38 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.26, 0.52% lower from yesterday’s close. Silver is expected to find support at 23.08, and … Continue reading →

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Gold: Yellow metal reclaims $1400 per ounce mark

Posted on April 23, 2013 by GCI Financial

Gold prices traded higher by 1.50% against the USD in the 24 hour period ending 23:00GMT, at 1426.60 per ounce, to finish above $1,400 per ounce, buoyed by rise in physical demand for the precious metal. In the Asian session, … Continue reading →

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