Daily Archives: May 28, 2014

Crude Oil: Crude trading higher amid ongoing geo-political tensions in Ukraine

Posted on May 28, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 104.09, on profit-taking. However, escalating violence in Ukraine and lingering concerns on Libya’s supply outlook, kept the commodity’s losses in … Continue reading →

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Silver: Silver rebounds from yesterday’s fall

Posted on May 28, 2014 by GCI Financial

Silver Movement Silver prices declined 1.90% to USD 19.07 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.11, 0.24% higher from yesterday’s close. Silver … Continue reading →

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Gold: Gold trading below its MA’s

Posted on May 28, 2014 by GCI Financial

Gold Movement Gold prices plunged 2.17% against the USD in the 24 hour period ending 23:00GMT, at 1264.10 per ounce, as a rally in the US equity markets and the latest batch of upbeat US economic releases increased investors’ risk-taking … Continue reading →

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AUD/USD: Aussie extends its gains against the US Dollar in the morning session

Posted on May 28, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.16% against the USD to close at 0.9261. LME Copper prices rose 0.4% or $29.0/MT to $7020.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1777.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher amid lack of Canadian economic data

Posted on May 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0858, as the recent batch of upbeat economic releases from the US economy increased demand of the US Dollar. In the … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower ahead of the Swiss GDP data

Posted on May 28, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.8967, buoyed by the recent batch of strong economic releases from the world’s largest economy. Meanwhile, the Swiss Franc came under … Continue reading →

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USD/JPY: Yen reverses its direction in the Asian trading hours

Posted on May 28, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 101.99, following the recent batch of healthy economic releases from the US economy. Meanwhile, in Japan, media reports showed that the … Continue reading →

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GBP/USD: Pound trading marginally higher in the Asian session

Posted on May 28, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.6810, as the latest batch of encouraging economic data from the US spurred demand for the greenback. Meanwhile, in the UK, … Continue reading →

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EUR/USD: Euro trading slightly higher ahead of Euro-zone’s consumer and business confidence data

Posted on May 28, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.3635, as the latter received a boost from the latest batch of upbeat US economic releases. Data from the US showed … Continue reading →

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