Monthly Archives: July 2013

USD/CHF: Swiss Franc trading higher in the Asian session

Posted on July 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 2.73% against the CHF and closed at 0.9474, after the Fed Chief, Ben Bernanke emphasized the Fed’s accommodative policy stance and indicated that the central bank would not be … Continue reading →

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Gold: Gold traded higher supported by Fed’s comments

Posted on July 11, 2013 by GCI Financial

  Gold prices traded higher by 2.72% against the USD in the 24 hour period ending 23:00GMT, at 1283.57 per ounce, amid weakness in the US Dollar, after the Federal Reserve Chairman, Ben Bernanke stated that the US central bank … Continue reading →

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EUR/USD: Dollar slumped on Bernanke’s comments

Posted on July 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 2.66% against the USD and closed at 1.3117, as the greenback came under pressure after the Federal Reserve Chairman, Ben Bernanke stated that the US central bank would continue to pursue … Continue reading →

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Silver: Silver continues to traded higher in the Asian session

Posted on July 11, 2013 by GCI Financial

  Silver prices rose 2.49% to the USD19.77 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.91, 0.70% higher from yesterday’s close. Silver is expected to find support at 19.30, … Continue reading →

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Crude Oil: Oil prices rose above $106 a barrel after EIA indicated a drop in crude oil inventories

Posted on July 11, 2013 by GCI Financial

  Crude Oil prices advanced 2.24% against the USD for the 24 hour period ending 23:00GMT, closing at 106.81, after the Energy Information Administration (EIA), in its weekly report indicated that crude stock piles in the US dropped by 9.87 … Continue reading →

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AUD/USD: Aussie trading higher on upbeat Australian jobs data

Posted on July 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.88% against the USD to close at 0.9236, as the greenback weakened after the Federal Reserve Chairman Bernanke stated that the US central bank would continue to pursue an accommodative … Continue reading →

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USD/JPY: BoJ keeps its key interest rate steady

Posted on July 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 2.13% against the JPY and closed at 99.03, after the minutes from the Federal Reserve’s June policy meeting revealed that several Fed officials wanted to ensure a solid employment … Continue reading →

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Trading Signals as per 10-07-2013

Posted on July 10, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,2757   Entry-Limit Buy 0,8575 Limit SELL 1,2797   Limit SELL 0,8615 … Continue reading →

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USD/CAD: Loonie rose on better than expected Canadian housing starts data & higher oil prices

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.0537. The Loonie registered gains as Canadian housing starts dropped less than expected in June and following a rise in oil prices. Moreover, … Continue reading →

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Crude Oil: Oil advanced following API inventory data, trading lower this morning

Posted on July 10, 2013 by GCI Financial

Crude Oil prices advanced 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 104.47, after the American Petroleum Institute (API) in its weekly report indicated that crude oil inventories dropped by 9 million barrels in the … Continue reading →

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Silver: Silver trading below its MAs’

Posted on July 10, 2013 by GCI Financial

Silver prices rose 1.10% to the USD19.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.11, 0.98% lower from yesterday’s close. Silver is expected to find support at 18.92, and … Continue reading →

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