Daily Archives: April 25, 2013

EUR/USD: Dollar pressured on dismal US durables data

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.17% against the USD and closed at 1.3016. The greenback came under pressure after the US durable goods orders dropped more-than-expected in March. On a seasonally adjusted monthly basis, orders … Continue reading →

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GBP/USD: Pound trading higher ahead of GDP data

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5277. On the economic front, the number of mortgage approvals in the UK increased to 31,227 in March, from 30,579 in February. The … Continue reading →

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USD/JPY: Yen continues to trade higher in the Asian session

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 99.43. In the Asian session, at GMT0300, the pair is trading at 99.4, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CHF: Swissy trading higher in the Asian session

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9475. In Switzerland, the UBS consumption indicator rose to a level of 1.25 in March, indicating that demand from Swiss consumers was … Continue reading →

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USD/CAD: Loonie advanced amid rising commodities

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0253. The commodity-sensitive loonie recorded gains amid a sharp rise in oil and copper prices. Yesterday, the Bank of Canada Governor, Mark … Continue reading →

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AUD/USD: Pair trading above its MA’s

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0276. LME Copper prices rose 1.8% or $124.5/MT to $6935.5/MT. Aluminium prices advanced 0.7% or $12.5/MT to $1871.0/MT. In the Asian session, at … Continue reading →

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Crude Oil: Oil rose as crude stockpiles increased less-than-expected

Posted on April 25, 2013 by GCI Financial

  Crude Oil prices jumped 2.30% against the USD for the 24 hour period ending 23:00GMT, closing at 91.54, after the US Energy Information Administration reported that crude supplies climbed by 900,000 barrels for the week ended April 19, which … Continue reading →

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Silver: White metal moving northwards this morning

Posted on April 25, 2013 by GCI Financial

  Silver prices rose 0.82% to the USD23.16 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.38, 0.93% higher from yesterday’s close. Silver is expected to find support at 23.03, … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on April 25, 2013 by GCI Financial

  Gold prices traded higher by 1.20% against the USD in the 24 hour period ending 23:00GMT, at 1430.47 per ounce, as strong physical demand from Asia, particularly India and China, encouraged buying. In the Asian session, at GMT0300, Gold … Continue reading →

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