Daily Archives: April 26, 2013

USD/JPY: Bank of Japan maintains its monetary policy stance

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 99.36. In the Asian session, at GMT0300, the pair is trading at 99.13, with the USD trading 0.23% lower from yesterday’s close. This … Continue reading

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Crude Oil: Oil advanced on US unemployment claims data

Crude Oil prices advanced 1.89% against the USD, extending its previous session’s rally, for the 24 hour period ending 23:00GMT, closing at 93.27, as investor sentiment improved after the US Department of Labor showed that less Americans filed for unemployment … Continue reading

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Silver: Silver continues to rise in the Asian session

Silver prices surged 5.28% to the USD24.38 per ounce during the 24 hours ending 23:00GMT, tracking strong gains in gold prices and amid a pick-up in industrial demand. In the Asian session, at GMT0300, Silver is trading at 24.40, marginally … Continue reading

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Gold: Yellow metal extends its previous session rally

Gold prices traded higher by 2.47% against the USD in the 24 hour period ending 23:00GMT, at 1465.79 per ounce, as the dollar weakened and amid continuous buying of precious metal across Asia. In the Asian session, at GMT0300, Gold … Continue reading

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EUR/USD: Euro reverses previous session losses

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3004, amid rising speculation that the European Central Bank would lower interest rates next week. Furthermore, the jobless rate in Spain rose to … Continue reading

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GBP/USD: Pound jumped as UK escaped triple-dip recession

For the 24 hours to 23:00 GMT, GBP rose 1.02% against the USD and closed at 1.5434, as the UK economy escaped a triple dip recession by recording a better-than-expected economic growth of 0.3% (QoQ) in the Q12013. Market had … Continue reading

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USD/CHF: Swissy continues to trade higher in the Asian session

For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9433, with the USD trading 0.22% lower from yesterday’s close. The … Continue reading

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AUD/USD: Aussie moves higher as Chinese business sentiment indicator improves

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0294, as risk appetite improved among investors following upbeat US jobless data. LME Copper prices rose 1.4% or $99.5/MT to $7035.0/MT. Aluminium prices … Continue reading

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USD/CAD: Canadian Dollar edged higher tracking rise in commodity prices

  For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.0203. The Loonie registered gains as a spike in metal and oil prices lifted the commodity currency. In the Asian session, at … Continue reading

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