Monthly Archives: June 2014

Gold: Yellow metal pares its yesterday’s gains in the Asian session

Posted on June 25, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1318.50 per ounce, as a weakness in the US equity markets and lingering geo-political tensions in Iraq, bolstered the demand-outlook of … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on June 25, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.63% against the USD to close at 0.9366. LME Copper prices edged up marginally by $2.5/MT to $6898.5/MT. Aluminium prices rose 0.1% or $1.5/MT to $1858.5/MT. In the … Continue reading →

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USD/CAD: Loonie continues to trade lower amid a lack of economic releases from Canada

Posted on June 25, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.0745. In the Asian session, at GMT0300, the pair is trading at 1.0750, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc steady ahead of UBS consumption data

Posted on June 25, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8941. In economic news, the Swiss Bankers Association, following SNB’s and the IMF’s repeated warning, agreed to curbed some of its … Continue reading →

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USD/JPY: Yen snaps losses in the Asian session

Posted on June 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 101.94. In a noteworthy event, yesterday, Japan’s Prime Minister, Shinzo Abe, announced a package of measures, including corporate tax cuts and … Continue reading →

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GBP/USD: UK economy still has spare capacity to be absorbed before an interest rate hike, says BoE Governor, Carney

Posted on June 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.6985, as BoE Governor, Mark Carney’s dovish comments on the nation’s labour market conditions dampened expectations for an early interest rate … Continue reading →

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EUR/USD: Greenback steady ahead of the US first-quarter GDP data

Posted on June 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3605, paring its initial losses, triggered by the latest batch of downbeat German IFO data for June. The CESifo Group reported … Continue reading →

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Trading Signals per 24-June-2014

Posted on June 24, 2014 by GCI Financial

Pair Action   Status Stop Loss Take Profit USD/JPY BUY Active 101.48 102.18 NZD/USD BUY Active 0.8678 0.8748 USD/CHF BUY Active 0.8913 0.8958 EUR/CHF BUY Active 1.2144 1.2182

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Crude Oil: Crude continues to trade lower in the Asian trading hours

Posted on June 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.04% against the USD for the 24 hour period ending 23:00GMT, closing at 106.04, amid looming speculations that violence in Iraq would not affect the nation’s oil supply. Late Monday, reports showed that … Continue reading →

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

Posted on June 24, 2014 by GCI Financial

Silver Movement Silver prices rose 0.24% to USD 20.87 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.84, 0.12% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on June 24, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1315.80 per ounce, as a broad weakness in global equity markets and lingering tensions over Iraq crisis, lured investors towards the … Continue reading →

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