Monthly Archives: June 2014

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

Posted on June 26, 2014 by GCI Financial

Silver Movement Silver prices rose 0.50% to USD 21.01 per ounce during the 24 hours ending 23:00GMT, as mounting concerns on the growth-outlook of the US economy fuelled demand for safe-haven assets. In the Asian session, at GMT0300, Silver is … Continue reading →

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Gold: Yellow metal pares its gains in the Asian session

Posted on June 26, 2014 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1318.70 per ounce, as the latest batch of dismal economic data from the US economy and a broad weakness in the US … Continue reading →

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

Posted on June 26, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.9401, as the latter declined following the releases of a lacklustre US GDP and durable goods orders data. LME Copper prices … Continue reading →

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USD/CAD: Loonie extends its upward direction in the Asian trading hours

Posted on June 26, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0723, as the latest batch of downbeat US economic releases weighed on the demand for the greenback. In the Asian session, … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher against the greenback in the morning session

Posted on June 26, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.8928, as the US economy shark more than market expectations for the first quarter of 2014. On the economic front, the … Continue reading →

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USD/JPY: Yen continues to trade higher against the US Dollar in the Asian session

Posted on June 26, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 101.82, hurt by downbeat US GDP and durable goods orders data. Yesterday, a poll from Reuters showed that majority of the … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of BoE Governor, Carney’s speech

Posted on June 26, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP finished flat against the USD and closed at 1.6985, amid lack of major economic releases in the UK economy. However, later during the day, the Confederation of British Industry … Continue reading →

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EUR/USD: Greenback extends its fall following lacklustre US GDP data

Posted on June 26, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.3630, as demand for the greenback declined following the latest batch of soft economic releases from the US economy. Revised data … Continue reading →

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Trading Signals per 25-June-2014

Posted on June 25, 2014 by GCI Financial

Pair Status Action Stop Loss Take Profit Eur/Chf Active BUY 1.2144 1.2182 Gbp/Usd Active BUY 1.6918 1.6988 Aud/Usd Active SELL 0.9402 0.9332 Eur/Jpy Active SELL 139.12 138.22 Usd/Jpy Active BUY 101.57 102.02

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Crude Oil: Crude trading lower ahead of EIA’s weekly US crude supplies data

Posted on June 25, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, as Iraqi government troops continued to battle Sunni insurgents for control of the nation’s largest refinery in north of … Continue reading →

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Silver: White metal trading lower this morning

Posted on June 25, 2014 by GCI Financial

Silver Movement Silver prices rose 0.17% to USD 20.90 per ounce during the 24 hours ending 23:00GMT, benefiting from strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 20.73, 0.81% lower from yesterday’s close. … Continue reading →

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