Daily Archives: June 20, 2014

Crude Oil: Crude trading marginally lower in the Asian session

Posted on June 20, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 106.63, as concerns on the supply-outlook of the commodity from Iraq, the second largest producer of oil in the OPEC, … Continue reading →

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

Posted on June 20, 2014 by GCI Financial

Silver Movement Silver prices jumped 4.52% to USD 20.82 per ounce during the 24 hours ending 23:00GMT, as the traders digested Wednesday’s decision of Fed to slash its 2014 growth-outlook on the US economy and to delay its process of … Continue reading →

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Gold: Gold trading above $1,300-per-ounce level amid lingering geo-political tensions in Iraq

Posted on June 20, 2014 by GCI Financial

Gold Movement Gold prices rallied 3.27% against the USD in the 24 hour period ending 23:00GMT, at 1320.10 per ounce, as traders continued to fret over lingering geo-political turmoil in Iraq and over the US economic growth-outlook. Yesterday, the US … Continue reading →

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AUD/USD: Aussie trading a tad higher amid a lack of economic releases from Australia

Posted on June 20, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally strengthened against the USD to close at 0.9401. LME Copper prices edged down 0.1% or $8.5/MT to $6730.5/MT. Aluminium prices rose 0.8% or $15.5/MT to $1844.0/MT. In the … Continue reading →

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USD/CAD: Loonie steady ahead of Canadian consumer inflation data

Posted on June 20, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0820. Yesterday, the Statistics Canada reported that the ratio of household debt to personal disposable income in Canada dropped to 163.2% … Continue reading →

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USD/CHF: SNB ready to act in wake of ECB recent policy actions, says SNB President, Thomas Jordan

Posted on June 20, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF to close at 0.8940. Yesterday, the SNB President, Thomas Jordan, at a press conference following the central bank’s decision to keep its interest rate … Continue reading →

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USD/JPY: Japan has only reached the half-way in its path to inflation, opines BoJ’s Governor, Kuroda

Posted on June 20, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 101.94. Yesterday, during his testimony before the Upper House Financial Affairs Committee, BoJ Governor, Haruhiko Kuroda affirmed that the central bank’s … Continue reading →

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GBP/USD: Interest rate hike would depend on the performance of the UK economy, hints BoE’s McCafferty

Posted on June 20, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.7039. In the UK, a BoE policymaker, Ian McCafferty, indicated that an interest rate hike in the economy would “depend on … Continue reading →

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EUR/USD: ECB stands prepared for additional unconventional measures should inflation outlook deteriorate, hints ECB’s Constancio

Posted on June 20, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.3610, The US Dollar extended its fall on Fed’s dovish outlook on the US economy. However, yesterday, official data showed that … Continue reading →

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