Follow GCI News
-
Recent Posts
- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
Post News
Monthly Archives: August 2013
EUR/USD: Euro continues its northward journey
For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.3421, as traders continue to digest report released by the German Bundesbank. According to the report, the European Central Bank would base its … Continue reading
Posted in EUR/USD
Leave a comment
GBP/USD: Pound slides in nervous trading ahead of Fed minutes
For the 24 hours to 23:00 GMT, GBP rose 0.11% against the USD and closed at 1.5664, as investors’ awaited minutes from the Federal Reserve’s latest meeting on monetary policy, hoping that clues may be offered as to when … Continue reading
Posted in GBP/USD
Leave a comment
Crude Oil: Crude Oil declined as supply concerns from Libya eased
Crude Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 105.22, amid speculation that the Fed might begin tapering its stimulus measures next month. Meanwhile, concerns over the supply prospect of the … Continue reading
Posted in Crude Oil
Leave a comment
Silver: White metal recoups its yesterday’s losses
Silver prices fell 0.60% to the USD23.01 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.14, 0.56% higher from yesterday’s close. Silver is expected to find support at 22.52, … Continue reading
Posted in Silver
Leave a comment
Gold: Yellow metal rose encouraged by strong demand prospect from Asia
Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1369.50 per ounce, buoyed by speculation that upcoming festivals in India, might spur physical demand for the commodity. Investors also await the … Continue reading
Posted in Gold
Leave a comment
Trading Signals per 20-08-2013
FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3398 Entry-Limit Sell 0,8554 Limit BUY 1,3358 Limit BUY 0,8514 … Continue reading
Posted in Trading Signals
Leave a comment
AUD/USD: RBA minutes did not signal immediate intention for rate cuts
For the 24 hours to 23:00 GMT, AUD dropped 0.90% against the USD to close at 0.9114. LME Copper prices declined 0.7% or $50.0/MT to $7285.5/MT. Aluminium prices declined 0.2% or $4.0/MT to $1872.5/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Market awaits fresh Fed cues on trimming asset purchases
For the 24 hours to 23:00 GMT, the USD added 0.13% against the CAD to close at 1.0348, ahead of Federal Reserve’s meeting minutes, which would provide fresh hints on when the central bank would start altering its asset … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Swiss Franc continues to witness gains in the Asian session
For the 24 hours to 23:00 GMT, the USD fell 0.23% against the CHF and closed at 0.9245. In the Asian session, at GMT0300, the pair is trading at 0.9232, with the USD trading 0.14% lower from yesterday’s close. … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen extends its northward movement in the Asian session
For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 97.61. In Japan, a government report confirmed that leading economic index in the nation fell to a level of 107.2 during June, … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Pound continues to rise as CBI ups UK’s growth forecasts
For the 24 hours to 23:00 GMT, GBP rose 0.15% against the USD and closed at 1.5647 as investors continued to cheer UK’s previous week upbeat jobless claim and retail sales data. Moreover, the recent flurry of positive economic … Continue reading
Posted in GBP/USD
Leave a comment