AUD/USD: Aussie trading tad lower amid lack of economic releases from Australia

Posted on April 14, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9399. LME Copper prices rose 0.7% or $48.5/MT to $6686.0/MT. Aluminium prices declined 0.7% or $13.0/MT to $1840.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Policymakers watching deflation risk but encouraged by improving domestic outlook, says, BoC Governor, Poloz

Posted on April 14, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.27% against the CAD to close at 1.0962, buoyed by the latest batch of upbeat economic releases from the US economy. Following the G-20 meeting, the Bank of Canada (BoC) Governor, Stephen Poloz … Continue reading →

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USD/CHF: SNB’s minimum exchange rate still very important for the Swiss Franc, opines SNB President, Jordan

Posted on April 14, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.10% against the CHF and closed at 0.8753. During an interview in Washington, the Swiss National Bank (SNB) President Thomas Jordan, opined that the Swiss Franc still remains highly valued and as a … Continue reading →

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USD/JPY: BoJ is ready to act if risks to its price target materialize, says, BoJ’s Chief, Kuroda

Posted on April 14, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.18% against the JPY and closed at 101.58, as traders cheered the recent upbeat producer inflation and consumer sentiment data from the US economy. Meanwhile, the Japanese Yen came under pressure after the … Continue reading →

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GBP/USD: UK construction output registered the biggest fall since November 2013 in February

Posted on April 14, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.19% against the USD and closed at 1.6745, as the greenback advanced following upbeat US producer inflation and consumer sentiment data. On the macro front, construction output in the UK declined 2.8% (MoM) in … Continue reading →

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EUR/USD: A further appreciation in the Euro could trigger additional stimulus measures in the Euro-zone, says ECB’s Chief, Draghi

Posted on April 14, 2014 by GCI Financial

EURUSD Movement On Friday, EUR ended the day flat against the USD and closed at 1.3887, paring some of it initial losses after an ECB policymaker, Jens Weidmann opined that he did not see a deflation spiral in the Euro-zone, … Continue reading →

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Crude Oil: Oil production from the OPEC fell by more than a half-million barrels to 29.6 million barrels last month

Posted on April 11, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 103.26 amid mounting concerns over China’s demand outlook. However, lingering tension in Ukraine kept the commodity’s losses in check. Oil … Continue reading →

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Silver: White metal pares its gains in the morning session

Posted on April 11, 2014 by GCI Financial

Silver Movement Silver prices rose 0.58% to USD 20.03 per ounce during the 24 hours ending 23:00GMT, amid strong demand for industrial metals. In the Asian session, at GMT0300, Silver is trading at 20.02, slightly lower from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal continues to trade higher in the Asian session

Posted on April 11, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1318.32 per ounce, as former losses in US equity markets lured investors to the safe-haven appeal of the metal. However, the … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on April 11, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 0.9397, buoyed Australia’s strong employment data for March. LME Copper prices rose 0.1% or $7.0/MT to $6637.5/MT. Aluminium prices jumped 3.5% or … Continue reading →

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USD/CAD: Loonie snaps its losses in the morning session

Posted on April 11, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.0934, benefited from an upbeat weekly US jobless claims data. Meanwhile, the Canadian Dollar lost ground even after Canada’s new housing … Continue reading →

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