AUD/USD: Aussie pares gains following Australia’s consumer inflation data

Posted on April 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.36% against the USD to close at 0.9370. LME Copper prices edged down slightly by $2.5/MT to $6628.5/MT. Aluminium prices rose 0.5% or $10.0/MT to $1847.0/MT. In the … Continue reading →

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USD/CAD: Loonie continues to trade lower in the morning

Posted on April 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.1028. Yesterday, official data from Canada showed that wholesale sales in the nation rose 1.1% to C$50.67 billion, the largest increase … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on April 23, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.8848. On the economic front, Switzerland’s M3 money supply growth accelerated for the third consecutive month by 9.0% (YoY) in March, … Continue reading →

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USD/JPY: Japan’s consumer inflation in FY2013 might have exceeded BoJ’s expectations, opines BoJ Governor

Posted on April 23, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 102.63. In economic news, Japan’s leading index fell less-than-estimated in February to a near a six-month low reading of 108.9 while … Continue reading →

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GBP/USD: Pound trading tad higher with focus on BoE minutes

Posted on April 23, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.20% against the USD and closed at 1.6823, ahead of the release of the minutes from the Bank of England’s (BoE) latest monetary policy meeting, which is widely … Continue reading →

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Crude Oil: Crude snaps gains in the morning session

Posted on April 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices marginally advanced against the USD for the 24 hour period ending 23:00GMT, closing at 104.26, as a strong US CB leading economic indicator bolstered the demand outlook of the commodity in the nation. Meanwhile, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 22, 2014 by GCI Financial

Silver Movement Silver prices declined 0.69% to USD 19.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.35, 0.48% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Precious metal continues to trade lower amid a self-off in gold ETF

Posted on April 22, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1289.71 per ounce, following reports that revealed the SPDR Gold Trust suffered an outflow of 9.3 tonnes last week. Meanwhile, the … Continue reading →

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AUD/USD: Aussie trading higher ahead of Australia’s consumer inflation data scheduled on Wednesday

Posted on April 22, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9336, in an Easter Monday holiday trading session. LME Copper prices rose 0.5% or $31.0/MT to $6631.0/MT. Aluminium prices advanced 0.2% or … Continue reading →

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USD/CAD: Loonie converging with its MA’s

Posted on April 22, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the CAD to close at 1.1021, in a quiet holiday session. In the Asian session, at GMT0300, the pair is trading at 1.1020, with … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian trading hours

Posted on April 22, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD gained 0.23% against the CHF and closed at 0.8853, in a holiday-thin trading session. In the Asian session, at GMT0300, the pair is trading at 0.8848, with the USD … Continue reading →

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