Monthly Archives: June 2015

Crude Oil: Oil trading marginally higher ahead of the EIA’s weekly crude oil data

Posted on June 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 60.90. Separately, the American Petroleum Institute (API) showed that US crude oil stocks gained by 1.8 million barrels in the … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on June 3, 2015 by GCI Financial

Silver Movement Silver prices rose 0.27% to USD 16.78 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.73, with the silver trading 0.24% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on June 3, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1193.30 per ounce, as uncertainty about Greece’s debt woes combined with a broad weakness in the greenback, lifted demand for the … Continue reading →

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AUD/USD: Australia’s Q1 GDP climbed higher than expected

Posted on June 3, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 2.04% against the USD to close at 0.7767. LME Copper prices rose 0.47% or $28.0/MT to $5998.5/MT. Aluminium prices rose 1.18% or $20.0/MT to $1711.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on June 3, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.92% against the CAD to close at 1.2411. Yesterday, Canada’s Finance Minister, Joe Oliver mentioned that prospects of a recession in the Canadian economy was premature and added … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on June 3, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD decline 1.34% against the CHF and closed at 0.9331, as the US factory orders worsened more than anticipated in May. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on June 3, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.63% against the JPY and closed at 124.04. In the Asian session, at GMT0300, the pair is trading at 123.96, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading slightly higher ahead of Britain’s services PMI data

Posted on June 3, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5343, on the back of upbeat construction PMI and mortgage approval data in the UK. Data released showed that UK construction … Continue reading →

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Trading Signals as per 2-June-2015

Posted on June 2, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1012 1.0882 USD/CAD BUY Active 1.2448 1.2538 AUD/USD SELL Active 0.7722 0.7652 GBP/CHF BUY Active 1.4278 1.4438 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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AUD/USD: The RBA kept interest rates on hold at 2%

Posted on June 2, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.35% against the USD to close at 0.7612, after the May manufacturing report from the US ISM delivered encouraging results. LME Copper prices declined 1.94% or $118.0/MT to … Continue reading →

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EUR/USD: Euro trading flat ahead of the Euro-zone’s CPI data

Posted on June 2, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0929. In economic news, the flash consumer price index in Germany rose 0.10% on a monthly basis in May, at par … Continue reading →

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