Daily Archives: March 26, 2014

Crude Oil: Crude trading higher ahead of the EIA weekly report

Posted on March 26, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 99.28, after the American Petroleum Institute reported that US crude stockpiles rose 6.3 million barrels last week, as compared to … Continue reading →

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Silver: White metal continues to trade higher in the morning session

Posted on March 26, 2014 by GCI Financial

Silver Movement Silver prices rose 0.26% to USD 19.97 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 20.01, 0.23% higher from … Continue reading →

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Gold: Yellow metal trading higher this morning, following yesterday’s fall

Posted on March 26, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1309.79 per ounce, as risk-appetite among traders rose after data showed that consumer confidence in the US came in above market … Continue reading →

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AUD/USD: Expect a further depreciation in the Aussie, says RBA Governor, Stevens

Posted on March 26, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD to close at 0.9161. Yesterday, the Reserve Bank of Australia (RBA) Deputy Governor, Philip Lowe hinted towards the need for a further deprecation in the … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on March 26, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.1166. Yesterday, the Bank of Canada (BoC) Deputy Governor, Tim Lane indicated that policymakers are tightening its rules to enable better … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on March 26, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.8831, as traders cheered an upbeat US consumer confidence data for March. In the Asian session, at GMT0400, the pair is … Continue reading →

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USD/JPY: BoJ to decide on further stimulus by the mid of May, projects Etsuro Honda

Posted on March 26, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.31, benefited from an upbeat consumer confidence data from the US. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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GBP/USD: UK consumer inflation fell to the lowest level since October 2009 in February

Posted on March 26, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.23% against the USD and closed at 1.6535. However, the GBP initially came under pressure, after an official report showed that UK’s annual consumer inflation rate fell to 1.7% … Continue reading →

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EUR/USD: ECB ready to do whatever it can to maintain price stability, says ECB Chief, Draghi

Posted on March 26, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.3820, after the ECB President, Mario Draghi stated that policymakers are closely monitoring the strength of the Euro and that the central … Continue reading →

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