Daily Archives: June 11, 2014

USD/CAD: Loonie maintains its upward streak against the US Dollar in the Asian trading hours

Posted on June 11, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0900. In the Asian session, at GMT0300, the pair is trading at 1.0896, with the USD trading marginally lower from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

Crude Oil: Crude trading modestly higher ahead of EIA’s US crude inventory data

Posted on June 11, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 104.29, as a weekly report from the American Petroleum Institute (API) showed that US crude inventories rose by 1.45 million … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the morning trading hours

Posted on June 11, 2014 by GCI Financial

Silver Movement Silver prices rose 0.73% to USD 19.19 per ounce during the 24 hours ending 23:00GMT, amid strong demand by industrial units. In the Asian session, at GMT0300, Silver is trading at 19.22, 0.16% higher from yesterday’s close. Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on June 11, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1259.60 per ounce, as a weakness in the US equity markets bolstered the safe-haven appeal of the metal. In the Asian … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Consumer confidence in Australia rose in June, indicates Westpac

Posted on June 11, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.20% against the USD to close at 0.9372. LME Copper prices rose 0.4% or $28.0/MT to $6695.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1865.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CHF: Swiss continues to trade lower, following yesterday’s soft Swiss employment and retail sales data

Posted on June 11, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.8992, as the latter came under pressure after data showed that unemployment rate in Switzerland defied market expectations and stood pat … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen extends its upward direction in the Asian session

Posted on June 11, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.23% against the JPY and closed at 102.30. In the Asian session, at GMT0300, the pair is trading at 102.29, with the USD trading a tad lower from … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading marginally lower ahead of UK’s employment data

Posted on June 11, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.6755. However, earlier during the day, the British Pound rose for a brief period of time after manufacturing production in the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro continues its downward trend, hurt by ECB policymakers’ dovish comments

Posted on June 11, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.3547, as few of the top ECB policymakers signalled that the central bank had still more firepower to support the Euro-zone … Continue reading →

Posted in EUR/USD | Comments Off