Monthly Archives: April 2013

GBP/USD: Pound advanced as BoE refrained from more stimulus

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.5224, after the Bank of England refrained from expanding economic stimulus by leaving its monetary policy unchanged. The Bank of England’s (BoE) Monetary … Continue reading →

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USD/JPY: BoJ’s aggressive monetary easing continues to push Yen lower

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 3.84% against the JPY and closed at 96.43. The Yen plummeted after the Bank of Japan’s new Governor, Haruhiko Kuroda lived up to his promise of embarking on aggressive … Continue reading →

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USD/CAD: Loonie trading flat this morning, Canadian jobless data awaited

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0130, after US jobless claims increased unexpectedly in the last week. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Aussie dropped as demand for greenback rose

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0424, despite strong Australian economic data, as demand for the greenback increased after the Bank of Japan expanded its monetary stimulus. LME Copper … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 5, 2013 by GCI Financial

  Silver prices declined 0.40% to the USD26.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.86, 0.22% lower from yesterday’s close. Silver is expected to find support at 26.66, … Continue reading →

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USD/CHF: Swissy trading tad higher this morning

Posted on April 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9407. In the Asian session, at GMT0300, the pair is trading at 0.9402, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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Crude Oil: Crude oil dropped as investor risk appetite waned

Posted on April 5, 2013 by GCI Financial

  Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 93.46, as investors risk appetite decreased following comments from the European Central Bank’s President on downside risks to the region’s economic recovery. … Continue reading →

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Gold: Yellow metal continue to lose its shine

Posted on April 5, 2013 by GCI Financial

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1552.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1551.94, marginally lower from yesterday’s close. Gold is expected … Continue reading →

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AUD/USD: Domestic data boosts Aussie

Posted on April 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0453. LME Copper prices declined 0.4% or $29.0/MT to $7405.5/MT. Aluminium prices declined 0.9% or $16.5/MT to $1845.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie moving southwards in the Asian session

Posted on April 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD ended flat against the CAD to close at 1.0144. In the Asian session, at GMT0300, the pair is trading at 1.0145, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Trading below its MA’s

Posted on April 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CHF and closed at 0.9451. In the Asian session, at GMT0300, the pair is trading at 0.9447, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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