Monthly Archives: June 2014

USD/JPY: Yen trading modestly lower in the Asian session

Posted on June 12, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 101.98. Yesterday, reports indicated that the BoJ policymakers would consider maintaining a large balance sheet even after the world’s third largest … Continue reading →

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GBP/USD: Pound extends its yesterday’s gains on the back of strong UK employment data

Posted on June 12, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.6790, as the ILO unemployment rate in the UK economy fell more than economists’ expectation to 6.6%, the lowest level in … Continue reading →

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EUR/USD: ECB should consider QE options and make it available for further use, opines ECB’s Ardo Hansson

Posted on June 12, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.3533, as dovish comments by few top ECB policymakers weighed on traders’ risk-taking appetite. An ECB policymaker, Ardo Hansson, opined that … Continue reading →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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