Daily Archives: April 30, 2014

Crude Oil: Crude trading lower amid lingering geopolitical tensions

Posted on April 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 100.69, However, losses in crude oil prices were limited as concerns on the supply outlook of the commodity rose after … Continue reading →

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Silver: White metal extends its fall in the Asian session

Posted on April 30, 2014 by GCI Financial

Silver Movement Silver prices declined 0.61% to USD 19.50 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in the prices of industrial metals. Yesterday, a leading research firm projected silver prices to decline 14% and average … Continue reading →

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Gold: Yellow metal trading tad lower ahead of the Fed’s decision on US monetary policy

Posted on April 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1295.60 per ounce, as traders awaited the outcome of the US Fed two-day policy meeting that concludes today. Meanwhile, a rally … Continue reading →

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AUD/USD: Aussie extends its upward direction in the morning trading hours

Posted on April 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.13% against the USD to close at 0.9269. LME Copper prices fell 0.2% or $12.0/MT to $6770.0/MT. Aluminium prices shed 1.2% or $21.0/MT to $1779.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC Governor projects slowdown in Canada’s export sector to continue for several years

Posted on April 30, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD to close at 1.0949. Yesterday, the BoC Governor, Stephen Poloz, in his testimony before the Commons Finance Committee, expressed concerns on the recent slowdown … Continue reading →

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USD/CHF: Franc continues to trade lower ahead of the Swiss consumption and KOF leading indicator

Posted on April 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.8836. In the Asian session, at GMT0300, the pair is trading at 0.8838, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/JPY: BoJ refrains from altering its monetary policy in April

Posted on April 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 102.63. The Japanese Yen declined as traders speculated that the recent rally in the safe-haven currency on the back of Ukraine … Continue reading →

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GBP/USD: BoE Governor, Mark Carney sees sustained economic growth in the UK economy

Posted on April 30, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6825, reversing its initial losses, triggered by a lacklustre UK GDP data for the first-quarter. Data showed that the Britain economy … Continue reading →

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EUR/USD: Euro trading marginally lower with focus on Euro-zone’s consumer inflation data

Posted on April 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3812, after data from Euro-zone’s largest economy, Germany showed that annual consumer inflation rate rose to 1.3% in April, slower than … Continue reading →

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