Follow GCI News
-
Recent Posts
- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
Post News
Daily Archives: May 16, 2013
AUD/USD: Aussie continues to trade below parity
For the 24 hours to 23:00 GMT, AUD rose marginally against the USD to close at 0.9897. However, the Aussie continued to remain below parity, after the Australian Treasurer, Wayne Swan stated earlier this week that the nation would … Continue reading
Posted in AUD/USD
Leave a comment
EUR/USD: Euro-zone economy recorded the longest ever recession in Q12013
For the 24 hours to 23:00 GMT, EUR declined 0.42 % against the USD and closed at 1.2883, after the Euro-area’s recession extended to a record sixth straight quarter in the first quarter of 2013 (Q12013). The economic data … Continue reading
Posted in EUR/USD
Leave a comment
GBP/USD: UK unemployment dropped unexpectedly in the three months to March
For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5238. The ILO unemployment rate in the UK fell to 7.8% in the three months to March, from 7.9% recorded earlier. Moreover, the … Continue reading
Posted in GBP/USD
Leave a comment
USD/JPY: Japan’s economy accelerated in 1Q2013
For the 24 hours to 23:00 GMT, the USD rose marginally against the JPY and closed at 102.25. In the Asian session, at GMT0300, the pair is trading at 102.22, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/JPY
Leave a comment
USD/CAD: Pair trading tad higher this morning
For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0157. In Canadian economic news, manufacturing shipments dropped unexpectedly by 0.3% (MoM) in March, compared to a revised 2.8% increase recorded in … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Swiss ZEW survey expectations plunged in May
For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9655. In economic news, the ZEW survey of economic expectations declined to a reading of 2.2 in May, from a reading of … Continue reading
Posted in USD/CHF
Leave a comment
Crude Oil: Oil slipped on weak data points from Europe and the US
Crude Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 94.15, following a weak set of economic data from the Euro-zone and the US. However, losses were capped after talks between the … Continue reading
Posted in Crude Oil
Leave a comment
Silver: Silver tracking losses in the Yellow metal, trading higher this morning
Silver prices declined 3.55% to the USD 22.60 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.74, 0.62% higher from yesterday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
Leave a comment
Gold: Gold reverses its direction in the Asian session
Gold prices traded lower by 2.22% against the USD in the 24 hour period ending 23:00GMT, at 1395.20 per ounce. In the Asian session, at GMT0300, Gold is trading at 1396.18, marginally higher from yesterday’s close. Gold is expected … Continue reading
Posted in Gold
Leave a comment