Daily Archives: March 21, 2014

Crude Oil: Crude trading below its MA’s

Posted on March 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.70% against the USD for the 24 hour period ending 23:00GMT, closing at 98.69, as lingering concerns on rising US crude stockpiles and a stronger US Dollar weighed on the demand prospect of … Continue reading →

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Silver: White metal rebounds from losses in the morning session

Posted on March 21, 2014 by GCI Financial

Silver Movement Silver prices declined 1.33% to USD 20.35 per ounce during the 24 hours ending 23:00GMT, pressurised by a stronger US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.37, 0.09% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal continues to shine in the Asian trading hours

Posted on March 21, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1331.15 per ounce, rebounding from its initial losses, arising from a stronger US Dollar. In the Asian session, at GMT0400, Gold … Continue reading →

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AUD/USD: Aussie continues to trade higher in the Asian session

Posted on March 21, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 0.9037. LME Copper prices declined 0.2% or $11.5/MT to $6434.5/MT. Aluminium prices rose 0.1% or $2.0/MT to $1674.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading tad lower ahead of Canada’s consumer inflation data

Posted on March 21, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.1242. In the Asian session, at GMT0400, the pair is trading at 1.1245, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: SNB kept its interest rate unchanged at 0.0% and vowed to maintain its cap on Swiss Franc

Posted on March 21, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.8836, as an upbeat weekly jobless claims data and lingering optimism from the Fed Chief, Janet Yellen’s yesterday’s hawkish view on … Continue reading →

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USD/JPY: BoJ Chief, Kuroda highlights high probability for Japan to achieve its 2% inflation goal from the end of fiscal 2014 to the beginning of fiscal 2015

Posted on March 21, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.40. In a speech to the Japan Chamber of Commerce and Industry, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda stated … Continue reading →

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GBP/USD: UK might utilize its spare capacity faster than official estimates, hints BoE’s Martin Weale

Posted on March 21, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.16% against the USD and closed at 1.6507, as the US Dollar continued to benefit from the Fed’s previous day’s decision to taper the size of its asset-purchase programme … Continue reading →

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EUR/USD: ECB would hike its interest rates only when necessary conditions exists, hints ECB’s Sabine Lautenschlaeger

Posted on March 21, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.28% against the USD and closed at 1.3779. The US Dollar continued to benefit from the Fed Chief, Janet Yellen’s Wednesday’s forecast for an earlier-than-expected hike in the nation’s … Continue reading →

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