Daily Archives: July 4, 2013

USD/CAD: Loonie trading lower in the Asian session

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.0501. The Loonie registered gains following a rise in crude prices. Also, a decline in Canada’s international merchandise trade deficit to C$303 million … Continue reading →

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USD/CHF: Swissy trading lower in the Asian session

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9462. In the Asian session, at GMT0300, the pair is trading at 0.9482, with the USD trading 0.21% higher from yesterday’s close. The … Continue reading →

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GBP/USD: Investors eye BoE interest rate decision due later today

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.86% against the USD and closed at 1.5282, after the UK services PMI surged to its highest level in the last 27 months and recorded a reading of 56.9 in June, … Continue reading →

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USD/JPY: Japanese economy to return to recovery path, indicates Kuroda

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.94% against the JPY and closed at 99.82, as political instability in Egypt and Portugal prompted investors to seek refuge in the yen. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Australian building approvals dropped in May

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.26% against the USD to close at 0.9116. LME Copper prices declined 0.8% or $58.0/MT to $6922.0/MT. Aluminium prices declined 1.0% or $18.0/MT to $1774.5/MT. In the Asian session, at GMT0300, … Continue reading →

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EUR/USD: Euro moving lower ahead of the ECB meeting later today

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.3022. However, gains were limited as Portugal’s political crisis mounted after the back-to-back resignation of ministers from Prime Minister, Pedro Passos Coelho’s coalition government … Continue reading →

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Crude Oil: Oil rose amid escalating tensions in Egypt, trading lower this morning

Posted on July 4, 2013 by GCI Financial

Crude Oil prices advanced 1.48% against the USD for the 24 hour period ending 23:00GMT, closing at 101.23, as the ongoing supply concerns due to a political deadlock in Egypt supported prices. Separately, the US Energy Information Administration in its … Continue reading →

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Silver: Silver gives up some gains in the Asian session

Posted on July 4, 2013 by GCI Financial

Silver prices rose 1.82% to the USD19.79 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.68, 0.60% lower from yesterday’s close. Silver is expected to find support at 19.38, and … Continue reading →

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Gold: Gold losing ground in the Asian session

Posted on July 4, 2013 by GCI Financial

Gold prices traded higher by 0.97% against the USD in the 24 hour period ending 23:00GMT, at 1255.54 per ounce. In the Asian session, at GMT0300, Gold is trading at 1254.50, marginally lower from yesterday’s close. Gold is expected to … Continue reading →

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