Monthly Archives: July 2015

EUR/USD: Euro trading higher ahead of Germany’s manufacturing PMI data

Posted on July 1, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1131, after Greece missed the deadline for a €1.6 billion payment and become the first developed economy to default on a … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on July 1, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 59.47, as deadline for Iran’s nuclear deal was extended by a week. On the other hand, the OPEC’s oil production … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on July 1, 2015 by GCI Financial

Silver Movement Silver prices declined 0.92% to USD 15.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.60, with the silver trading 0.54% higher from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses this morning

Posted on July 1, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1171.80 per ounce, after reports came in that Greece and its creditors were trying to negotiate a last minute deal, thus … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie extends its gains in the Asians session

Posted on July 1, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.7693. Yesterday, the RBA Governor, Glenn Steven, opined that globally central banks are finding hard to stimulate demand by easing monetary … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canadian economy stayed in the negative zone

Posted on July 1, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD to close at 1.2482. The CAD lost ground, on the back of downbeat GDP figure in Canada. Data released showed that Canada’s economy unexpectedly … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading flat ahead of Switzerland’s SVME PMI data

Posted on July 1, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.03% against the CHF and closed at 0.9353. In economic news, Switzerland’s KOF economic barometer surprisingly eased to a level of 89.70 in June, against market expectations of … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading lower in the Asian session

Posted on July 1, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 122.41. In the Asian session, at GMT0300, the pair is trading at 122.46, with the USD trading a tad higher from … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s Q1 GDP growth revised upwards

Posted on July 1, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.5684. On the macro front, the final print of Britain’s GDP growth expanded 0.4% QoQ in the first quarter of 2015, … Continue reading →

Posted in GBP/USD | Comments Off