Monthly Archives: July 2013

Gold: Yellow metal continues to cement gains

Posted on July 26, 2013 by GCI Financial

  Gold prices traded higher by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1334.63 per ounce, as the greenback drifted lower on rising speculation the Federal Reserve would reassure investors that policy will remain accommodative … Continue reading →

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AUD/USD: Aussie continues to trade higher

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 1.13% against the USD to close at 0.9236. The greenback came under pressure, as disappointing initial jobless claims data in the US prompted traders to shun the safe haven currency. … Continue reading →

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USD/CAD: Greenback dropped before Fed’s meeting next week

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.0287, amid continued expectations that Fed’s monetary policy would remain accommodative at next week’s meeting, following the release of disappointing initial jobless … Continue reading →

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USD/CHF: Swiss Franc continues to zoom higher

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.85% against the CHF and closed at 0.9299. In the Asian session, at GMT0300, the pair is trading at 0.9290, with the USD trading 0.10% lower from yesterday’s close. … Continue reading →

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USD/JPY: Japanese CPI rises more than estimated

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.13% against the JPY and closed at 99.27. In the Asian session, at GMT0300, the pair is trading at 98.84, with the USD trading 0.43% lower from yesterday’s close. … Continue reading →

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GBP/USD: UK Chancellor welcomes latest GDP figures, indicates Britain is “on the mend”

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.48% against the USD and closed at 1.5380, after economic reports showed that the UK economic growth met market expectations. UK economy registered a 0.6% sequential growth for the second … Continue reading →

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EUR/USD: Euro erases its yesterday’s gains, tad higher this morning

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR traded 0.63% higher against the USD and closed at 1.3274, as economic indicators released yesterday pointed to economic recovery of the region. The IFO business climate indicators in Germany ticked up … Continue reading →

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Trading Signals per 25-07-2013

Posted on July 25, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3240   Entry-Limit Sell 0,8638 Limit BUY 1,3200   Limit BUY 0,8598 … Continue reading →

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AUD/USD: Aussie fell on domestic inflation and Chinese PMI data, trading higher in the Asian session

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD dropped 1.65% against the USD to close at 0.9133, following the release of soft second-quarter inflation data from Australian and dismal manufacturing PMI data in China, Australia’s largest trading partner. LME Copper … Continue reading →

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USD/CAD: Greenback backpedals in the Asian session after rising on positive US data

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD advanced 0.25% against the CAD to close at 1.0319, as bullish housing and manufacturing data from the US boosted the outlook for the world’s largest economy. In the Asian session, at … Continue reading →

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USD/CHF: Converging with its MA’s

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD jumped 0.34% against the CHF and closed at 0.9381. In the Asian session, at GMT0300, the pair is trading at 0.9370, with the USD trading 0.12% lower from yesterday’s close. The … Continue reading →

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