Daily Archives: April 25, 2014

USD/CHF: Swiss Franc trading flat against the greenback in the Asian session

Posted on April 25, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.8818. The Swiss Franc advanced following data that showed the Swiss economy posted a trade surplus of CHF2.1 billion in March … Continue reading →

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Crude Oil: Crude extends its gains in the morning trading hours

Posted on April 25, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.29% against the USD for the 24 hour period ending 23:00GMT, closing at 101.87, as growing tensions between Russia and Ukraine raised concerns on the supply outlook of the commodity from the region. … Continue reading →

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Silver: White metal reverses its direction in the morning session

Posted on April 25, 2014 by GCI Financial

Silver Movement Silver prices rose 1.21% to USD 19.68 per ounce during the 24 hours ending 23:00GMT, amid strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.56, 0.63% lower from yesterday’s close. Silver … Continue reading →

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Gold: Precious metal continues to trade higher in the Asian session

Posted on April 25, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1291.72 per ounce, as escalating tensions between Russia and Ukraine spurred demand for safe-haven assets. However, a rally in world equity … Continue reading →

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AUD/USD: Aussie trading tad higher this morning, following yesterday’s fall

Posted on April 25, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.9268. LME Copper prices rose 1.3% or $86.0/MT to $6731.0/MT. Aluminium prices edged up 0.3% or $5.0/MT to $1840.5/MT. In the … Continue reading →

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USD/CAD: Interest rate to remain relatively lower even after the Canadian economy recovers, hints BoC Governor, Stephen Poloz

Posted on April 25, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.1023. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz hinted the possibility for the Canadian economy to witness relatively cheap … Continue reading →

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USD/JPY: Japan’s national annual consumer inflation rate rose to 1.6% in March

Posted on April 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 102.31. The Japanese yen rose as escalating tensions between Russia and Ukraine bolstered its safe-haven appeal. In the Asian session, at … Continue reading →

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GBP/USD: Pound trading marginally lower ahead of the UK retail sales data

Posted on April 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.6808, after the Confederation of British Industry (CBI), in its distributive trades survey, reported that retail sales in the UK grew … Continue reading →

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EUR/USD: ECB ready to start board-based asset purchases should inflation outlook deteriorate, indicates ECB Chief, Draghi

Posted on April 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.3831, after the CESifo Group reported that its index on Germany’s business climate and future economic expectations unexpectedly rose to a … Continue reading →

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