Monthly Archives: March 2014

Gold: Precious metal trading higher, following yesterday’s fall

Posted on March 28, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1293.19 per ounce, as the US Dollar advanced following the latest batch of strong economic releases from the US. Separately, one … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on March 28, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.51% against the USD to close at 0.9269, as the RBA Governor, Glenn Steven’s optimistic comments on the economy, made earlier during the week, continued to support the demand … Continue reading →

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

Posted on March 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD to close at 1.1031. However, the losses in the US Dollar were limited after a report showed that US annualised GDP rose at a … Continue reading →

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USD/CHF: SNB prepared to use negative interest rate to defend its cap on the CHF, says SNB’s Fritz Zurbruegg

Posted on March 28, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.8864. Yesterday, a Swiss National Bank (SNB) Board member, Fritz Zurbruegg, indicated that the central bank is prepared to use a … Continue reading →

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USD/JPY: Japan nation CPI registered a 1.5% rise in the February

Posted on March 28, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 102.18, as traders cheered a strong US GDP and weekly jobless claims data. In the Asian session, at GMT0400, the pair … Continue reading →

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GBP/USD: Pound trading higher ahead of UK’s GDP data for the fourth quarter

Posted on March 28, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.6607, after an upbeat rise in the UK retail sales data fuelled optimism on the recovery of the nation’s economy. Data showed … Continue reading →

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EUR/USD: Euro trading tad higher in the Asian session

Posted on March 28, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.3742. The US Dollar advanced after strong US GDP and weekly jobless claims data eased concerns on the growth of the world’s … Continue reading →

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Crude Oil: Crude continues to trade higher in the Asian session

Posted on March 27, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 100.16, after data showed that inventories at Cushing, Oklahoma, decreased for an eighth week, last week. Crude prices also found … Continue reading →

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Silver: Silver trading below its MA’s

Posted on March 27, 2014 by GCI Financial

Silver Movement Silver prices declined 0.56% to USD 19.85 per ounce during the 24 hours ending 23:00GMT, mirroring a fall in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 19.77, 0.44% lower from … Continue reading →

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Gold: Yellow metal extends its weakness in the Asian trading hours

Posted on March 27, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1306.48 per ounce, hurt by a stronger US Dollar. Late yesterday, one of the leading broking houses raised its 2014 price … Continue reading →

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AUD/USD: Aussie extends its gains in the morning session

Posted on March 27, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD to close at 0.9221, buoyed by the RBA Governor, Glenn Stevens’ optimistic comments on the growth of the Australian economy. LME Copper prices declined 0.1% … Continue reading →

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