Monthly Archives: April 2013

GBP/USD: Sterling trading tad higher this morning

Posted on April 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5394. In the Asian session, at GMT0300, the pair is trading at 1.5396, with the GBP trading marginally higher from yesterday’s close. The … Continue reading →

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Crude Oil: IEA trimmed growth forecast for Oil

Posted on April 12, 2013 by GCI Financial

  Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 93.47, after the International Energy Agency once again lowered its outlook for global oil demand in 2013, citing weaker fuel usage in … Continue reading →

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Silver: Silver tracking gains in gold

Posted on April 12, 2013 by GCI Financial

  Silver prices rose marginally to the USD 27.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.67, marginally higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold rose after IMF cut GDP forecasts for the US

Posted on April 12, 2013 by GCI Financial

  Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1561.65 per ounce, portraying its safe haven appeal after the International Monetary Fund (IMF) revised down its growth outlook for the US … Continue reading →

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USD/CHF: Swissy trading on the trends of the greenback

Posted on April 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CHF and closed at 0.9301. In the Asian session, at GMT0300, the pair is trading at 0.9296, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Canadian new house prices increased as expected in February

Posted on April 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD to close at 1.0103. The new housing price index in Canada rose 0.2% (MoM) in February, in-line-with-market-expectations and following a 0.1% increase recorded in the … Continue reading →

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AUD/USD: Aussie trading tad higher in the Asian session

Posted on April 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD fell marginally against the USD to close at 1.0544, as disappointing unemployment data fuelled speculation that the Reserve Bank of Australia might resume interest rate cut in its monetary policy meeting … Continue reading →

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USD/JPY: Yen cuts losses on the BoJ Governor’s remarks

Posted on April 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.71% against the JPY and closed at 99.69. In the Asian session, at GMT0300, the pair is trading at 99.59, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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GBP/USD: Sterling trading tad higher against the greenback

Posted on April 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5324. In the Asian session, at GMT0300, the pair is trading at 1.5329, with the GBP trading marginally higher from yesterday’s close. The … Continue reading →

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EUR/USD: Euro lower on mixed industrial production data; trading tad higher this morning

Posted on April 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3052. The Euro was hit by mixed industrial production data across the Europe. Industrial output in France rose 0.7% (MoM) in February, compared … Continue reading →

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Crude Oil: US crude oil inventories rises less-than-expected, indicates EIA

Posted on April 11, 2013 by GCI Financial

  Crude Oil prices advanced 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 94.49. The US Energy Information Administration (EIA) reported that, crude oil supplies increased 0.3 million barrels for the week ending April 5, … Continue reading →

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