Monthly Archives: April 2013

USD/CHF: Swissy trading tad higher in the Asian session

Posted on April 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9334. In the Asian session, at GMT0300, the pair is trading at 0.933, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: House prices data awaited; trading tad lower this morning

Posted on April 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0149. In the Asian session, at GMT0300, the pair is trading at 1.0151, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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AUD/USD: Aussie trading lower after appalling jobs data

Posted on April 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 1.0537. LME Copper prices rose 0.8% or $61.5/MT to $7547.0/MT. Aluminium prices rose 1.0% or $19.5/MT to $1878.0/MT. In the Asian session, at … Continue reading →

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Gold: Yellow metal reverses losses in the Asian session

Posted on April 11, 2013 by GCI Financial

  Gold prices traded lower by 1.75% against the USD in the 24 hour period ending 23:00GMT, at 1558.61 per ounce, after Goldman Sachs slashed its price forecast on the precious metal, while the minutes of the US Fed meeting … Continue reading →

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Silver: Silver trading lower this morning

Posted on April 11, 2013 by GCI Financial

  Silver prices declined 1.21% to the USD 27.65 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.59, 0.23% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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EUR/USD: Euro trading tad higher this morning

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.40% against the USD and closed at 1.3081. The Euro crossed the crucial 1.30 level after Germany bounced back with some decent economic data including the trade balance. Trade balance in … Continue reading →

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GBP/USD: UK economic data, NIESR report provides much needed relief to Sterling investors

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5322. Industrial production in the UK rose 1.0% (MoM) in February, compared to a 1.3% drop recorded in the previous month, while manufacturing production … Continue reading →

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USD/JPY: Yen trading tad higher this morning

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 98.98. In the economic news, machine tool orders in Japan fell 21.6% (MoM) in March, slower than the 26.4% drop recorded in the … Continue reading →

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USD/CHF: Swiss Franc trading tad lower in the Asian session

Posted on April 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9324. On the economic front, unemployment rate in Switzerland remained unchanged at 3.1% in March, while consumer prices dropped 0.6% (YoY) in March, … Continue reading →

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Crude Oil: EIA cut its growth forecast for oil demand for 2013 and 2014

Posted on April 10, 2013 by GCI Financial

Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 93.98. In the Asian session, at GMT0300, Crude Oil is trading at 93.89, 0.10% lower from yesterday’s close. Oil pared its previous session … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on April 10, 2013 by GCI Financial

Silver prices rose 2.56% to the USD 27.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.95, 0.14% lower from yesterday’s close. Silver is expected to find support at 27.44, … Continue reading →

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