Monthly Archives: July 2013

USD/CAD: Canadian retail sales top market forecasts

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD fell 0.45% against the CAD to close at 1.0292. The Canadian Dollar rallied against the US Dollar, after economic data showed that retail sales in Canada increased at the fastest … Continue reading →

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USD/CHF: Greenback dropped on disappointing US manufacturing data, trading higher this morning

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9350, as drop in the US Richmond Federal manufacturing index bolstered speculation that the Federal Reserve would delay winding down its bond-buying … Continue reading →

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USD/JPY: Yen fell on downbeat Japanese trade data

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the JPY and closed at 99.52. Yesterday, the Japanese government upgraded its assessment for the nation’s economy, stating that economic recovery has become self-sustaining. In the Asian … Continue reading →

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GBP/USD: Pound witnessing choppy trading this morning after yesterday’s gains

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose slightly against the USD and closed at 1.5372. Economic data out from the UK showed that mortgage approvals rose less-than-expected in June, but still hit the highest level since February … Continue reading →

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EUR/USD: China PMI data weighs on Euro

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR strengthened 0.23% against the USD and closed at 1.3222. The greenback came under pressure, after weak manufacturing and home sales data from the US re-ignited expectations that the Federal Reserve would … Continue reading →

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Trading Signals per 23-07-2013

Posted on July 23, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3165   Entry-Limit Sell 0,8585 Limit SELL 1,3205   Limit BUY 0,8545 … Continue reading →

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Crude Oil: Oil prices fell on weak US housing data, witnessing gains in the Asian session

Posted on July 23, 2013 by GCI Financial

  Crude Oil prices tumbled 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 106.99, as weak US housing data raised concerns that economic growth would stall in the US, world’s biggest oil consumer. Traders await … Continue reading →

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Silver: Trading lower this morning after a spike propelled yesterday on bargain hunting

Posted on July 23, 2013 by GCI Financial

  Silver prices ticked up 3.71% to the USD20.57 per ounce during the 24 hours ending 23:00GMT, as a sharp drop in prices last week encouraged fresh buying. In the Asian session, at GMT0300, Silver is trading at 20.46, 0.52% … Continue reading →

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Gold: Yellow metal tad higher this morning

Posted on July 23, 2013 by GCI Financial

  Gold prices traded higher by 1.83% against the USD in the 24 hour period ending 23:00GMT, at 1336.05 per ounce, as the greenback weakened on soft US home sales data supporting the case for the Federal Reserve to continue … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on July 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.39% against the USD to close at 0.9257. The Aussie continued to gain support following decision late last week by officials in China, Australia’s biggest trading partner, to scrap a … Continue reading →

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USD/CAD: Greenback declined on soft US housing data

Posted on July 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0339, as weaker-than-expected US home sales numbers weighed on the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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