USD/CAD: Loonie trading higher ahead of Canada’s employment data

Posted on April 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1037. However, the Canadian Dollar pared some its initial losses after data showed that Canada’s merchandise trade balance swung to a … Continue reading →

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

Posted on April 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8908. In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading 0.17% higher from yesterday’s … Continue reading →

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USD/JPY: BoJ should be appreciated for its aggressive monetary policy, says Japan’s Finance Minister, Aso

Posted on April 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 103.90. In the Asian session, at GMT0300, the pair is trading at 103.95, with the USD trading slightly higher from yesterday’s … Continue reading →

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GBP/USD: Interest rate in the UK to remain at current low level for some more time, rise only to be gradual, opines BoE’s McCafferty

Posted on April 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.16% against the USD and closed at 1.6599, after Markit Economics reported that its PMI for the UK’s service sector fell to a 9-month low reading of 57.6 in … Continue reading →

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EUR/USD: Policymakers discussed QE at the latest policy meeting, indicated ECB Chief, Draghi

Posted on April 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3724, after the ECB President, Mario Draghi signalled that policymakers discussed QE as well as a negative interest rate at the central … Continue reading →

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AUD/USD: Australian economy to face shortage of workers than jobs, says RBA Chief, Glenn Stevens

Posted on April 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9247. Late yesterday, the Australian Industry Group (AiG) reported that performance of its service index for Australia fell to a reading … Continue reading →

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Crude Oil: EIA reported an unexpected drop in the weekly US crude stockpiles

Posted on April 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 99.31, amid concerns of over-supply in the market after Libyan rebels clinched a deal with the nation’s Government, paving the … Continue reading →

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Silver: White metal trading lower this morning, following yesterday’s surge

Posted on April 3, 2014 by GCI Financial

Silver Movement Silver prices rose 1.27% to USD 20.02 per ounce during the 24 hours ending 23:00GMT, amid bargain hunting. In the Asian session, at GMT0300, Silver is trading at 19.93, 0.45% lower from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Precious metal extends its gains in the Asian trading hours

Posted on April 3, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1290.98 per ounce, as traders took advantage of the recent retreat in the precious metal and increased their exposure to it … Continue reading →

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USD/CAD: Loonie reverses its losses in the morning trading hours

Posted on April 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1033 as traders cheered an upbeat US factory orders data and a report by ADP which revealed that US private sector … Continue reading →

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USD/CHF: Swiss Franc continues to trade lower in the Asian session

Posted on April 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.8866 In the Asian session, at GMT0300, the pair is trading at 0.8873, with the USD trading 0.10% higher from yesterday’s … Continue reading →

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