Daily Archives: April 2, 2014

Crude Oil: API reported a surprise fall in the US weekly crude inventories

Posted on April 2, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.78% against the USD for the 24 hour period ending 23:00GMT, closing at 99.61, hurt by a mixed batch of Chinese manufacturing PMI data and a lacklustre rise in the US ISM manufacturing … Continue reading →

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Silver: White metal higher in the Asian trading hours

Posted on April 2, 2014 by GCI Financial

Silver Movement Silver prices marginally rose to USD 19.77 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the prices of industrial metals. In the Asian session, at GMT0300, Silver is trading at 19.80, 0.12% higher from … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on April 2, 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 1281.29 per ounce amid reports that showed holdings in the SPDR Gold Trust continued its downward trend and fell to 810.98 … Continue reading →

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

Posted on April 2, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.32% against the USD to close at 0.9238, after the RBA indicated that the recent strength in the Aussie could hamper Australia’s economic growth. LME Copper prices edged down … Continue reading →

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USD/CAD: Canada’s industrial product price and raw material price index surpassed market estimates for February

Posted on April 2, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.1030. The Canadian Dollar gained ground after data revealed that the Canadian raw materials price index advanced by the most in … Continue reading →

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USD/CHF: Swiss SVME PMI declined to a three-month low reading of 54.4 in March

Posted on April 2, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.8835. In economic news, the Swiss SVME – purchasing managers’ index fell to a three-month low reading of 54.4 in March, … Continue reading →

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USD/JPY: Yen extends its losses in the Asian session

Posted on April 2, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 103.64. In the Asian session, at GMT0300, the pair is trading at 103.86, with the USD trading 0.21% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading tad higher ahead of UK construction PMI data

Posted on April 2, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.6630, after data showed that the UK Markit manufacturing PMI fell to a 8-month low reading of 55.3 in March, contradicting market … Continue reading →

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EUR/USD: No deflation prospects in the Euro-zone, says EBC’s Constancio

Posted on April 2, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3794, as traders cheered the latest batch of upbeat economic data across the Euro-zone. Data showed that Euro-zone unemployment rate stood pat … Continue reading →

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