Monthly Archives: June 2015

AUD/USD: The RBA open to further rate cuts, stated the RBA Governor

Posted on June 10, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded marginally lower against the USD to close at 0.7689. LME Copper prices rose 1.25% or $74.0/MT to $5989.0/MT. Aluminium prices rose 1.62% or $27.5/MT to $1723.0/MT. In the … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on June 10, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.2341. In the Asian session, at GMT0300, the pair is trading at 1.2349, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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USD/CHF: Consumer prices in Switzerland bounced back

Posted on June 10, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CHF and closed at 0.9313. In economic news, consumer prices in Switzerland rebounded 0.2% on a monthly basis in May, higher than market expected gain … Continue reading →

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USD/JPY: Japan’s economy recovering moderately, indicated the BoJ Governor

Posted on June 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 124.41. On the macro front, Japan’s consumer confidence index unexpectedly fell to 41.4 in May, from prior month’s level of 41.5. … Continue reading →

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GBP/USD: Pound trading flat ahead of Britain’s manufacturing and industrial production data

Posted on June 10, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.5380, as Britain’s trade deficit improved. Data showed that total trade deficit narrowed more than expected to £1.2 billion in April, … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on June 10, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1276, as uncertainty regarding Greek debt woes continued. Yesterday, the preliminary estimate showed that Euro-zone’s economy grew 0.4% QoQ in the … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s Q1 GDP data

Posted on June 9, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.59% against the USD and closed at 1.1284, as Germany’s industrial production data surpassed market expectations. Data released indicated that industrial production in Germany rebounded 0.90% on a … Continue reading →

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Crude Oil: Oil trading marginally higher this morning

Posted on June 9, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 58.36, as supply concerns persisted in the oil market after China’s crude oil imports dropped 11% YoY in May. However, … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 9, 2015 by GCI Financial

Silver Movement Silver prices declined 0.62% to USD 15.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.00, with the silver trading 0.57% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on June 9, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1172.60 per ounce, as a broad weakness in the greenback coupled with a slump in the global equity markets bolstered demand … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on June 9, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.90% against the USD to close at 0.7690. LME Copper prices declined 0.16% or $9.5/MT to $5915.0/MT. Aluminium prices rose 0.12% or $2.0/MT to $1695.5/MT. In the Asian … Continue reading →

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