Daily Archives: April 29, 2014

Crude Oil: Crude trading higher ahead of the inventories data

Posted on April 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 100.82, as fresh US sanctions on Russia fuelled concerns on the supply outlook of crude oil from the region. However, … Continue reading →

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

Posted on April 29, 2014 by GCI Financial

Silver Movement Silver prices declined 0.62% to USD 19.62 per ounce during the 24 hours ending 23:00GMT, tracking losses in the prices of gold. In the Asian session, at GMT0300, Silver is trading at 19.57, 0.25% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on April 29, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1296.50 per ounce, as strong US pending home sales and Dallas Fed manufacturing data bolstered the recovery prospect of the US … Continue reading →

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AUD/USD: Australian Dollar trading lower this morning

Posted on April 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.17% against the USD to close at 0.9257, as the latest batch of strong economic releases in the US supported the greenback. Meanwhile, the Australian Dollar lost ground … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian trading hours

Posted on April 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.1025, despite the release of upbeat US pending home sales and Dallas Fed manufacturing data. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Swiss Franc trading higher amid lack of Swiss economic releases

Posted on April 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.8803. In the Asian session, at GMT0300, the pair is trading at 0.8798, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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USD/JPY: Yen trading marginally lower in a Japanese holiday trading session

Posted on April 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.38% against the JPY and closed at 102.49, following the recent batch of upbeat US economic data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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GBP/USD: UK Pound trading tad higher ahead of the UK first-quarter GDP data

Posted on April 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.6811. Yesterday, the Confederation of British Industry (CBI) Growth Indicator revealed that the economic growth in the UK continued to accelerate … Continue reading →

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EUR/USD: Low inflation to persist in Euro-zone for some more time but ECB far away from implementing QE, says ECB President, Draghi

Posted on April 29, 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 1.3853. However, gains in the Euro-zone’s common currency were capped as the US Dollar regained some lost ground after US pending … Continue reading →

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