Monthly Archives: June 2014

AUD/USD: Aussie trading above its MA’s

Posted on June 6, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.59% against the USD to close at 0.9332. LME Copper prices declined 0.5% or $35.0/MT to $6800.0/MT. Aluminium prices rose 1.8% or $32.0/MT to $1828.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie edges down ahead of Canadian employment data

Posted on June 6, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD to close at 1.0921. On the economic front, building permits in Canada rose 1.1% (MoM) for the first time in three months in April … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc steady ahead of Switzerland’s consumer inflation data

Posted on June 6, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.64% against the CHF and closed at 0.8914, following the release of a lacklustre US weekly jobless claims data. In the Asian session, at GMT0300, the pair is … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading a tad higher ahead of Japan’s leading economic and coincident index data

Posted on June 6, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 102.43, as weekly jobless claims in the US economy rose more than economists’ estimates in the previous week. In the Asian … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE keeps its monetary policy unaltered for another month in June

Posted on June 6, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.6811, as the BoE held its interest rate at a record-low 0.5% and kept its £375 billion bond-buying programme intact at … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: ECB slashed its key interest rates and introduced fresh stimulus measures for banks at its June policy meeting

Posted on June 6, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.3662, reversing its earlier losses which were triggered by ECB’s decision to ease its monetary policy further. The ECB, at its … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia unexpectedly swung to a trade deficit in April

Posted on June 5, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.9277, buoyed by a more-than-expected rise in Australia’s first-quarter GDP. LME Copper prices declined 1.4% or $95.0/MT to $6835.0/MT. Aluminium prices … Continue reading →

Posted in AUD/USD | Comments Off

Crude Oil: EIA reported 3.4 million barrels fall in the US weekly crude inventories

Posted on June 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 102.26, amid mounting speculation that Ukrainian President, Petro Poroshenko’s peace-plan with Russia would ease supply-concerns of the commodity from the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver pares its yesterday’s losses in the Asian session

Posted on June 5, 2014 by GCI Financial

Silver Movement Silver prices marginally declined to USD 18.79 per ounce during the 24 hours ending 23:00GMT, taking cues from a decline in gold prices. In the Asian session, at GMT0300, Silver is trading at 18.79, marginally higher from yesterday’s … Continue reading →

Posted in Silver | Comments Off

Gold: Gold trading marginally lower with focus on ECB’s policy decision

Posted on June 5, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1244.00 per ounce, hurt by a stronger US Dollar. However, reports showed that holding in the SPDR Gold Trust, the world’s … Continue reading →

Posted in Gold | Comments Off

USD/CAD: BoC keeps its interest rate on hold at 1.0% while expressing concerns on the Canada’s growth outlook

Posted on June 5, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CAD to close at 1.0946, as the Canadian Dollar came under pressure after the Bank of Canada (BoC) kept its interest rate unchanged at 1.0% … Continue reading →

Posted in USD/CAD | Comments Off