Monthly Archives: June 2014

USD/CAD: Loonie extends its upward direction on the back of strong consumer inflation and retail sales data from Canada

Posted on June 23, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.60% against the CAD to close at 1.0755. The Canadian Dollar advanced after data showed that consumer inflation rate in Canada rose more-than-expected to 2.3% (YoY) in May, for the first time in … Continue reading →

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USD/CHF: Swiss Franc trading modestly higher against its US counterpart in the Asian session

Posted on June 23, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.22% against the CHF and closed at 0.8960. In the Asian session, at GMT0300, the pair is trading at 0.8950, with the USD trading 0.11% lower from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: BoJ’s stimulus policy having an intended impact on the economy, opines BoJ Governor, Kuroda

Posted on June 23, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.20% against the JPY and closed at 102.14. During his speech to an annual meeting of trust association, the BoJ Governor Haruhiko Kuroda, indicated that the central bank’s stimulus measures are having an … Continue reading →

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GBP/USD: BoE not in a pressure to hike its interest rates, hints BoE’s Andy Haldane

Posted on June 23, 2014 by GCI Financial

GBPUSD Movement On Friday, the GBP fell 0.19% against the USD and closed at 1.7006. At a newspaper interview, BoE’s Chief Economist, Andy Haldane hinted that the central bank is under no pressure to raise its interest rate anytime soon, … Continue reading →

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EUR/USD: Euro trading higher ahead of Markit PMI data

Posted on June 23, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.15% against the USD and closed at 1.3589, as ECB policymaker, Yves Mersch, opined that the Euro-zone economy had not yet exited its financial and economic crisis while urging the government of Euro-zone’s … Continue reading →

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Trading Signals per 22-June-2014

Posted on June 22, 2014 by GCI Financial

Pair Action   Status Stop Loss Take Profit USD/CHF SELL Active 0.8990 0.8945 USD/JPY SELL Active 102.29 101.79 AUD/USD BUY Active 0.9372 0.9420 EUR/CHF BUY Active 1.2144 1.2182

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Crude Oil: Crude trading marginally lower in the Asian session

Posted on June 20, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 106.63, as concerns on the supply-outlook of the commodity from Iraq, the second largest producer of oil in the OPEC, … Continue reading →

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

Posted on June 20, 2014 by GCI Financial

Silver Movement Silver prices jumped 4.52% to USD 20.82 per ounce during the 24 hours ending 23:00GMT, as the traders digested Wednesday’s decision of Fed to slash its 2014 growth-outlook on the US economy and to delay its process of … Continue reading →

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Gold: Gold trading above $1,300-per-ounce level amid lingering geo-political tensions in Iraq

Posted on June 20, 2014 by GCI Financial

Gold Movement Gold prices rallied 3.27% against the USD in the 24 hour period ending 23:00GMT, at 1320.10 per ounce, as traders continued to fret over lingering geo-political turmoil in Iraq and over the US economic growth-outlook. Yesterday, the US … Continue reading →

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

Posted on June 20, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally strengthened against the USD to close at 0.9401. LME Copper prices edged down 0.1% or $8.5/MT to $6730.5/MT. Aluminium prices rose 0.8% or $15.5/MT to $1844.0/MT. In the … Continue reading →

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USD/CAD: Loonie steady ahead of Canadian consumer inflation data

Posted on June 20, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0820. Yesterday, the Statistics Canada reported that the ratio of household debt to personal disposable income in Canada dropped to 163.2% … Continue reading →

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