Daily Archives: March 19, 2014

AUD/USD: Aussie reverses its gains in the Asian session

Posted on March 19, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.53% against the USD to close at 0.9131 as risk appetite among investor got a lift from President Vladimir Putin’s comments that Russia wasn’t seeking to split Ukraine further. … Continue reading →

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USD/CAD: Loonie trading above its MA’s

Posted on March 19, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CAD to close at 1.1128, after a report showed that the number of building permits issued in the US rose more than expected to a … Continue reading →

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Crude Oil: Oil trading tad higher this morning

Posted on March 19, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.45% against the USD for the 24 hour period ending 23:00GMT, closing at 99.44, as data pointed to a stabilisation in the US housing sector and after Enterprise Products Partners LP announced an … Continue reading →

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Silver: White metal reversed its losses in the Asian session

Posted on March 19, 2014 by GCI Financial

Silver Movement Silver prices declined 1.71% to the USD 20.85 per ounce during the 24 hours ending 23:00GMT, mirroring losses in the prices of gold. In the Asian session, at GMT0400, Silver is trading at 20.88, 0.17% higher from yesterday’s … Continue reading →

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Gold: Yellow metal trading higher ahead of the Fed’s meeting

Posted on March 19, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1356.20 per ounce, as tensions in Ukraine eased, diminishing the safe haven appeal of the yellow metal. Separately, another report revealed … Continue reading →

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USD/CHF: Swiss economy to gain momentum in next two years, SECO

Posted on March 19, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8733. Yesterday, the Swiss State Secretariat for Economic Affairs (SECO) reaffirmed its previous assessment of the economic upturn in Switzerland and … Continue reading →

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USD/JPY: Japan reported record trade deficit in February

Posted on March 19, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.42% against the JPY and closed at 101.48 as traders speculated that the Fed may abandon its 6.5% unemployment target which it uses as a benchmark for its … Continue reading →

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GBP/USD: Pound trading slightly lower ahead of the BoE’s most recent policy meeting minutes

Posted on March 19, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.26% against the USD and closed at 1.6596, after Ukraine remained firm on its view that the Crimea peninsula would continue to be part of its country, suggesting more … Continue reading →

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EUR/USD: Euro trading tad lower ahead of the Fed monetary policy decision

Posted on March 19, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally rose against the USD and closed at 1.3929. The EUR initially lost ground after the economic sentiment data from the Euro-zone and Germany disappointed investors, fuelling concerns over the … Continue reading →

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