Monthly Archives: June 2014

AUD/USD: Aussie trading a tad higher this morning

Posted on June 24, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.46% against the USD to close at 0.9425, benefiting from an upbeat Chinese manufacturing PMI data. LME Copper prices jumped 1.8% or $123.5/MT to $6901.0/MT. Aluminium prices rose … Continue reading →

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USD/CAD: Loonie extends its upward movement against the greenback in the Asian session

Posted on June 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0731. In an interview with Bloomberg Television, Canadian Finance Minister, Joe Oliver, projected inflation rate in Canada “to be in the … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s May trade balance data

Posted on June 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.8945. In economic releases, data showed that Swiss M3 money supply rose 7.6% (YoY) in May, following an 8.0% (YoY) increase … Continue reading →

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USD/JPY: Bolder efforts needed to meet G20 commitments, opines BoJ Governor, Kuroda

Posted on June 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 101.89. Yesterday, in a speech to one of Japan’s leading business associations, the BoJ Governor, Haruhiko Kuroda, highlighted the need for … Continue reading →

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GBP/USD: David Miles highlights his willingness to vote for an interest rate hike before his departure from the BoE

Posted on June 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.7029. Yesterday, a BoE policymaker, David Miles, in his written newspaper comment, highlighted his willingness to vote for an interest rate … Continue reading →

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EUR/USD: Euro-zone’s Markit flash composite PMI fell to a six-month low level in June

Posted on June 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.3603. However, earlier during the day, the Euro-zone’s shared currency came under pressure after data showed that Euro-zone’s Markit composite PMI, … Continue reading →

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Trading Signals per 23-June-2014

Posted on June 23, 2014 by GCI Financial

Pair Action   Status Stop Loss Take Profit     GBP/USD BUY Active   1.6998 1.7068     USD/JPY BUY Active   101.48 102.89     USD/CAD BUY Active   1.0678 1.0748     AUD/USD BUY Active   0.9398 0.9468

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Crude Oil: Crude jumps following upbeat China’s PMI data and amid lingering tensions over Iraq crisis

Posted on June 23, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices finished flat against the USD for the period ending 21:00GMT, closing at 106.63, paring its initial gains, as concerns on the supply-outlook of oil from Iraq eased after media reports showed that … Continue reading →

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Silver: Silver pares its Friday’s gains in the Asian trading hours

Posted on June 23, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.31% to USD 20.88 per ounce during the period ending 21:00GMT, as geo-political tensions in Iraq bolstered demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 20.82, 0.31% … Continue reading →

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Gold: Yellow metal trading lower amid a rally in Asian equity markets

Posted on June 23, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.39% against the USD in the period ending 21:00GMT, at 1315.00 per ounce, amid profit-taking. However, continued unrest in Iraq kept the commodity’s losses in check. In the Asian session, at … Continue reading →

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AUD/USD: Aussie trading higher following upbeat Chinese manufacturing PMI data

Posted on June 23, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.15% against the USD to close at 0.9387. LME Copper prices rose 0.7% or $47.0/MT to $6777.5/MT. Aluminium prices edged up 0.1% or $1.0/MT to $1845.0/MT. In the Asian session, at GMT0300, the … Continue reading →

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