Monthly Archives: April 2016

Silver: White metal extends its losses in the Asian session

Posted on April 4, 2016 by GCI Financial

Silver Movement Silver prices declined 2.59% to USD 15.06 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.035, with the silver trading 0.13% lower … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the morning session

Posted on April 4, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.74% against the USD in the 24-hour period ending 23:00GMT, at 1224.40 per ounce, after a stronger-than-expected US non-farm payrolls data dented demand for the precious yellow metal. In the Asian session, at … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the morning session

Posted on April 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.19% against the USD to close at 0.7680. LME Copper prices rose 0.50% or $24.5/MT to $4880.0/MT. Aluminium prices rose 2.18% or $32.5/MT to $1524.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sector returned to growth in March

Posted on April 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.3016. In economic news, Canada’s RBC manufacturing PMI advanced to a level of 51.5 in March, its highest level since December … Continue reading →

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USD/CHF: Swiss Franc trading tad higher this morning

Posted on April 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9585. In economic news, Switzerland’s SVME manufacturing PMI unexpectedly rose to a level of 53.2 in March, from a reading of … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on April 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.83% against the JPY and closed at 111.61. In the Asian session, at GMT0300, the pair is trading at 111.54, with the USD trading 0.06% lower from Friday’s … Continue reading →

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GBP/USD: Pound trading tad higher, ahead of Britain’s construction PMI data

Posted on April 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.95% against the USD and closed at 1.4229, after UK’s manufacturing PMI rose less-than-anticipated to a level of 51.0 in March, from a reading of 50.8 in the … Continue reading →

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EUR/USD: Euro trading tad higher, ahead of the Euro-zone’s February unemployment rate data

Posted on April 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1393, after manufacturing growth in the Euro-zone climbed above expectations in March. Data showed that the Euro-zone’s final Markit manufacturing PMI … Continue reading →

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Crude Oil: Oil trading on a weaker footing in the Asian session

Posted on April 1, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.66% against the USD for the 24-hour period ending 23:00GMT, closing at 38.35, after the Energy Information Administration reported that US oil production fell by 56,000 barrels per day(bpd) to 9.2 million bpd … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 1, 2016 by GCI Financial

Silver Movement Silver prices rose 1.38% to USD 15.46 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.395, with the silver trading 0.39% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 1, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.48% against the USD in the 24-hour period ending 23:00GMT, at 1233.50 per ounce, as a broad weakness in global equity markets boosted demand for the safe-haven yellow metal. In the Asian session, … Continue reading →

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