Daily Archives: June 13, 2014

USD/CAD: Loonie pares its gains in the morning trading session

Posted on June 13, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0855, following the release of soft US retail sales and weekly jobless claims data. Meanwhile, a rise in oil prices supported … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher amid lack of Swiss economic releases

Posted on June 13, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.8984, hurt by a sluggish US retail sales and weekly jobless claims data. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/JPY: BoJ keeps its policy measures unchanged at its June policy meeting

Posted on June 13, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.30% against the JPY and closed at 101.68. In the Asian session, at GMT0300, the pair is trading at 101.77, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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GBP/USD: BoE to raise interest rates sooner than market expectations, hints BoE Governor, Carney

Posted on June 13, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.85% against the USD and closed at 1.6932, as the BoE Governor, Mark Carney, publically hinted at the possibility for the central bank to raise its key interest … Continue reading →

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EUR/USD: ECB willing to engage in additional stimulus measures following last week’s policy action, hints ECB’s Jazbec

Posted on June 13, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3550, as the latter came under pressure from lacklustre US retail sales data which rose less-than-expected 0.3% (MoM) in May and … Continue reading →

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Crude Oil: Oil extends its rally amid escalating violence in Iraq

Posted on June 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices rallied 2.37% against the USD for the 24 hour period ending 23:00GMT, closing at 106.95, as escalating violence in Iraq fuelled concerns on the supply-outlook of the commodity from the second-largest oil producer of … Continue reading →

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Silver: White metal continues to trade higher on strong demand for safe-haven assets

Posted on June 13, 2014 by GCI Financial

Silver Movement Silver prices rose 1.67% to USD 19.52 per ounce during the 24 hours ending 23:00GMT, as escalating tensions in Iraq fuelled demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.53, marginally higher … Continue reading →

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Gold: Yellow metal extends its upward direction in the Asian session

Posted on June 13, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1273.00 per ounce, as a weakness in the US equity markets and the US Dollar bolstered the demand for gold as … Continue reading →

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AUD/USD: Aussie trading lower, following yesterday’s rise

Posted on June 13, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.48% against the USD to close at 0.9426. LME Copper prices rose 0.5% or $35.5/MT to $6725.0/MT. Aluminium prices declined 0.7% or $13.5/MT to $1822.0/MT. In the Asian … Continue reading →

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