Daily Archives: June 18, 2014

Crude Oil: API reported a more than expected drop in the US weekly crude inventories

Posted on June 18, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 106.54, amid a broad gain in the US Dollar. Additionally, concerns on the supply-outlook of oil from Iraq eased after … Continue reading →

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Silver: White metal pares its yesterday’s gains in the Asian session

Posted on June 18, 2014 by GCI Financial

Silver Movement Silver prices rose 0.18% to USD 19.72 per ounce during the 24 hours ending 23:00GMT, as lingering tensions in Iraq and geo-political uncertainty in Ukraine, supported the prices of the white metal. In the Asian session, at GMT0300, … Continue reading →

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Gold: Yellow metal trading marginally lower ahead of the outcome of the Fed’s policy meeting

Posted on June 18, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1270.60 per ounce, as a strong US consumer inflation data spurred gains in the US Dollar, weighing on the demand-outlook of … Continue reading →

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AUD/USD: Aussie trading a tad higher this morning, following yesterday’s fall

Posted on June 18, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.62% against the USD to close at 0.9340. LME Copper prices declined 0.4% or $24.0/MT to $6711.0/MT. Aluminium prices rose 0.4% or $6.5/MT to $1808.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its fall in the morning session

Posted on June 18, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0861, after data showed that US consumer inflation rate rose at the fastest annual pace since October 2012 in May. In … Continue reading →

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USD/CHF: SECO slashed its growth projections on the Swiss economy for 2014 and 2015

Posted on June 18, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.8993, as traders cheered a better-than-expected US consumer inflation data. In Switzerland, producer and import price index fell 0.8% (YoY) for … Continue reading →

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USD/JPY: Japanese economy to continue with its moderate pace of recovery, indicates BoJ’s minutes

Posted on June 18, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.34% against the JPY and closed at 102.18 on the back of a strong US consumer inflation data. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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GBP/USD: Pound trading a tad higher with focus of BoE’s minutes

Posted on June 18, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.6960, hurt by a lacklustre UK consumer inflation data. On the other hand, the greenback advanced as data showed that consumer … Continue reading →

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EUR/USD: Euro trading marginally lower against the greenback, ahead of the conclusion of the Fed’s policy meeting

Posted on June 18, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.3548. The greenback advanced on the back of upbeat US consumer inflation data. Official data showed that annual consumer inflation rate … Continue reading →

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