Daily Archives: August 23, 2013

Trading Signals as per 23-08-2013

Posted on August 23, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3369   Entry-Limit Buy 0,8540 Limit BUY 1,3329   Limit SELL 0,8580 … Continue reading →

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

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9017, as upbeat manufacturing PMI data from China, Germany, Euro-zone and the US boosted investors risk appetite. LME Copper prices rose 1.4% or … Continue reading →

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USD/CAD: Loonie continues its slide on lacklustre retail sales data

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD advanced 0.31% against the CAD to close at 1.0519. The Canadian Dollar came under pressure after an official report revealed that retail sales in Canada declined 0.6% (MoM) during June, … Continue reading →

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USD/CHF: Swiss Franc lower in the Asian session

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD ended flat against the CHF and closed at 0.9237. In Switzerland, an official report confirmed that the nation’s trade balance registered a surplus of CHF2,380 million, defying market expectation for … Continue reading →

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USD/JPY: Yen continues to slide on Fed cues

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.10% against the JPY and closed at 98.88, as the currency continued to face pressure from the minutes of Fed’s latest policy meeting, which signalled that the policy makers’ … Continue reading →

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GBP/USD: Pound continued to trade in the red territory ahead of UK GDP data

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.5596, after recent Fed minutes showed a broad consensus among policymakers for a gradual reduction of bond purchases later this year, if the … Continue reading →

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EUR/USD: Euro pared losses on upbeat economic data, trading lower in Asian session

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR gained 0.11% against the USD and closed at 1.3356, drawing support from the latest batch of upbeat PMI data from the Euro-zone and Germany. In the Euro-zone, Markit manufacturing PMI rose … Continue reading →

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Crude Oil: Encouraging PMI data pointed to a potential uptick in oil demand, trading lower this morning

Posted on August 23, 2013 by GCI Financial

  Crude Oil prices added 1.54% against the USD for the 24 hour period ending 23:00GMT, closing at 105.20, buoyed by upbeat economic data that suggested the global economy is on the mend and kindled hopes for higher fuel demand. … Continue reading →

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Silver: White Metal backpedals in Asian session

Posted on August 23, 2013 by GCI Financial

  Silver prices rose 2.49% to the USD23.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.15, 0.40% lower from yesterday’s close. Silver is expected to find support at 22.83, … Continue reading →

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Gold: Gold trading lower this morning

Posted on August 23, 2013 by GCI Financial

  Gold prices traded higher by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1379.13 per ounce, as market participants digested reports of the Federal Reserve’s minutes to conclude that the stimulus program will remain in … Continue reading →

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