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 →

Posted in Silver | Comments Off

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 →

Posted in Gold | Comments Off

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 →

Posted in AUD/USD | Comments Off

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 →

Posted in USD/CAD | Comments Off

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 →

Posted in USD/CHF | Comments Off

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 →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower ahead of the UK consumer inflation data

Posted on April 15, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6727. However, the losses in the British Pound were limited after the Rightmove Plc reported that house prices in the UK economy … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: ECB stands ready to use unconventional measures to counter the risk of prolonged low inflation, hints ECB’s Noyer

Posted on April 15, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.24% against the USD and closed at 1.3814, as the latter advanced following a report that showed retail sales in the US rose more-than-expected 1.1% (MoM) in March, its … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: IEA slashed its forecast for global oil demand by 100,000 barrels a day

Posted on April 14, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.49% against the USD for the period ending 21:00GMT, closing at 103.74, as the latest upbeat US economic data bolstered the demand outlook of the commodity in the nation, known as … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver trading higher, following Friday’s fall

Posted on April 14, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.14% to USD 20.00 per ounce during the period ending 21:00GMT. A report showed that gold and silver imports into India, the world’s second biggest buyer of the metal, dropped 40% to $33.46 … Continue reading →

Posted in Silver | Comments Off

Gold: Safe-haven metal extends its gains amid escalating Ukraine tensions

Posted on April 14, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded slightly higher against the USD in the period ending 21:00GMT, at 1318.42 per ounce. Data from India, world’s second largest importer of gold, showed that gold and silver imports to the nations dropped … Continue reading →

Posted in Gold | Comments Off