Monthly Archives: April 2013

Crude Oil: Oil dropped as API oil inventories climbed

  Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 96.71, as the American Petroleum Institute reported that crude supplies rose 4.7 million barrels for the week ended March 29. However, gasoline … Continue reading

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Silver: White metal retreated amid demand concerns

  Silver prices declined 2.78% to the USD27.29 per ounce during the 24 hours ending 23:00GMT, as weak manufacturing data from several European economies stoked demand fears for the industrial metal. In the Asian session, at GMT0300, Silver is trading … Continue reading

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Gold: Yellow metal trading lower in the Asian session

  Gold prices traded lower by 1.51% against the USD in the 24 hour period ending 23:00GMT, at 1576.32 per ounce. A noted French bank offered a dismal outlook for the yellow metal, stating that the gold price is in … Continue reading

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USD/CHF: Disappointing Swiss PMI data proved a dampener for Swissy

  For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9488. The Swiss Franc lost its appeal after Switzerland’s manufacturing PMI declined to a reading of 48.3 in March, lower than the … Continue reading

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EUR/USD: Euro rises in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.2849. Over the weekend, the Cypriot central bank confirmed that major depositors in Cyprus’s biggest bank would lose around 60% of savings over … Continue reading

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GBP/USD: Pound inches higher as Lloyds business sentiment improves

  For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.5223, amid mixed US economic data. In the Asian session, at GMT0300, the pair is trading at 1.5246, with the GBP trading 0.15% … Continue reading

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AUD/USD: Aussie rises as interest rates remain unchanged at 3.0%

  For the 24 hours to 23:00 GMT, AUD strengthened 0.23% against the USD to close at 1.0436. Australian markets remained closed on Good Friday and Easter Monday. In the Asian session, at GMT0300, the pair is trading at 1.0467, … Continue reading

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USD/JPY: BoJ Governor reaffirms to attain 2% inflation in two years; Yen trading higher this morning

  For the 24 hours to 23:00 GMT, the USD weakened 1.15% against the JPY and closed at 93.19. In the Asian session, at GMT0300, the pair is trading at 92.73, with the USD trading 0.49% lower from yesterday’s close. … Continue reading

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USD/CHF: Swiss Franc trading higher this morning, SVME PMI awaited

  For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9465. In the Asian session, at GMT0300, the pair is trading at 0.9452, with the USD trading 0.14% lower from yesterday’s close. … Continue reading

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USD/CAD: Loonie continues to trade higher this morning

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0167. In the Asian session, at GMT0300, the pair is trading at 1.0154, with the USD trading 0.13% lower from yesterday’s close. … Continue reading

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Crude Oil: Oil trading lower this morning

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 97.01, on concerns over the shutdown of a US pipeline in the key Gulf Coast refining region. Investors now await for the … Continue reading

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