Monthly Archives: April 2014

USD/CHF: Swiss Franc steady in the Asian session

Posted on April 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.8805, as traders cheered an upbeat rise in the US consumer price index for March. On the economic front, Switzerland’s producer … Continue reading →

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USD/JPY: Japan making progress towards the central bank’s 2% inflation target, reiterates BoJ Chief, Kuroda

Posted on April 16, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 101.88. Yesterday, Japan’s Chief Cabinet Secretary, Yoshihide Suga indicated that, during a lunch meeting, Japan Prime Minster, Shinzo Abe and the … Continue reading →

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GBP/USD: Pound trading marginally higher with focus on UK claimant count and unemployment data

Posted on April 16, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6724, as the latter advanced following an upbeat US consumer inflation data. In the UK, the National Statistics reported that consumer price … Continue reading →

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EUR/USD: Euro trading tad higher ahead of the Euro-zone’s consumer inflation data

Posted on April 16, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3811. The US Dollar advanced after an official report showed that annual consumer inflation rate in the US rose more-than-expected to 1.5% … Continue reading →

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Crude Oil: Crude trading below its MA’s

Posted on April 15, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 103.48, amid bets that potential return of oil barrels from Libya in the markets could ease concerns on the supply-outlook … Continue reading →

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Silver: Silver continues to trade lower in the morning trading hours

Posted on April 15, 2014 by GCI Financial

Silver Movement Silver prices declined 0.69% to USD 19.97 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the US Dollar and a decline in the prices of industrial metals. In the Asian session, at GMT0300, Silver … Continue reading →

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Gold: Precious metal extends its fall in the Asian session

Posted on April 15, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1325.76 per ounce, hurt by a stronger US Dollar and comments from a leading broking house, that forecasted gold prices to … Continue reading →

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AUD/USD: Aussie pares its gains following the RBA minutes

Posted on April 15, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9412. LME Copper prices declined 0.6% or $41.0/MT to $6645.0/MT. Aluminium prices fell 0.4% or $7.0/MT to $1833.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie snaps gains in the morning session

Posted on April 15, 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 1.0968, despite robust retail sales data which rose at the fastest pace since September 2012. Meanwhile, the Loonie continued to gain … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower in the Asian session

Posted on April 15, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.8804. In the Asian session, at GMT0300, the pair is trading at 0.8805, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad higher amid lack of economic releases from Japan

Posted on April 15, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 101.92. In the Asian session, at GMT0300, the pair is trading at 101.87, with the USD trading marginally lower from yesterday’s … Continue reading →

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