Daily Archives: April 10, 2014

Crude Oil: EIA reported a more than expected rise in the US crude supplies last week

Posted on April 10, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.02% against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, amid broad weakness in the US Dollar and lingering tensions between Russia and the West over Ukraine. Oil prices … Continue reading →

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Silver: White metal snaps losses in the morning session

Posted on April 10, 2014 by GCI Financial

Silver Movement Silver prices declined 0.65% to USD 19.91 per ounce during the 24 hours ending 23:00GMT. However, a weaker US Dollar kept the commodity’s losses in check. In the Asian session, at GMT0300, Silver is trading at 19.97, 0.27% … Continue reading →

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Gold: Precious metal extends its gains on back of Fed’s minutes

Posted on April 10, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1311.32 per ounce, as the US Dollar declined following the release of the minutes from the Fed’s March policy meeting, which … Continue reading →

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AUD/USD: Unemployment rate in Australia fell to 5.8%

Posted on April 10, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9377. LME Copper prices declined 0.3% or $21.5/MT to $6630.5/MT. Aluminium prices rose 0.4% or $6.5/MT to $1791.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading lower, following yesterday’s rise

Posted on April 10, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.0881, following the release of the minutes from the Fed’s March 18-19 policy meeting, which dampened growing expectations that the Fed … Continue reading →

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USD/CHF: Swiss Franc continues to trade higher in the Asian session

Posted on April 10, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.8800. In the Asian session, at GMT0300, the pair is trading at 0.8794, with the USD trading 0.07% lower from yesterday’s … Continue reading →

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USD/JPY: Yen trading higher ahead of the BoJ minutes

Posted on April 10, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 102.13. However, the gains were capped after the minutes from the Fed’s March policy meeting failed to support market expectations for … Continue reading →

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GBP/USD: UK trade deficit narrowed more than market expectations for February

Posted on April 10, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.32% against the USD and closed at 1.6801, after an official data showed that total trade deficit in the UK narrowed more-than-expected to £2.06 billion in February, compared to … Continue reading →

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EUR/USD: Euro pares its gains in the Asian session

Posted on April 10, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.44% against the USD and closed at 1.3853. The US Dollar lost ground after the minutes from the Fed’s March 18-19 policy meeting indicated that the central bank would … Continue reading →

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