Monthly Archives: July 2016

Crude Oil: Oil trading below its MA’s

Posted on July 1, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.12% against the USD for the 24-hour period ending 23:00GMT, closing at 48.45, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 48.63, with … Continue reading →

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Silver: White metal trading higher this morning

Posted on July 1, 2016 by GCI Financial

Silver Movement Silver prices rose 2.72% to USD18.85 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 19.065, with the silver trading 1.14% higher from … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on July 1, 2016 by GCI Financial

Gold Movement Gold prices traded 0.57% higher against the USD in the 24-hour period ending 23:00GMT, at USD1325.70 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1330.7, with the gold … Continue reading →

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AUD/USD: Australia’s AiG performance of manufacturing index rose again in June

Posted on July 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD to close at 0.7446. LME Copper prices rose 0.98% or $47.0/MT to $4827.0/MT. Aluminium prices rose 1.30% or $21.0/MT to $1635.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s GDP edged up for first time in three months in April

Posted on July 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.2950. In economic news, Canada’s GDP rose in line with market expectations by 0.1% MoM in April, reversing two consecutive monthly … Continue reading →

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USD/CHF: Swiss KOF leading indicator advanced in June

Posted on July 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9764. The Swiss Franc gained ground, after Switzerland’s KOF leading indicator rose to a level of 102.4 in June, from a … Continue reading →

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USD/JPY: Japan large manufacturers’ mood remained steady in Q2 2016 – Tankan survey

Posted on July 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 103.15. In economic news, Japan’s housing starts rose 9.8% YoY in May, higher than market expectations for an advance of 4.8%. … Continue reading →

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GBP/USD: BoE Chief paves way for more stimulus measures

Posted on July 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.00% against the USD and closed at 1.3314, after the Bank of England (BoE) Governor, Mark Carney, indicated that the central bank might ease monetary policy further in … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the Markit manufacturing PMI data across the Euro-zone

Posted on July 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1098, after a Bloomberg report hinted at more European Central Bank (ECB) easing. In economic news, the Euro-zone’s consumer price index … Continue reading →

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