Monthly Archives: September 2013

Gold: Yellow metal decline as investors’ risk appetite increases

Posted on September 10, 2013 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1387.33 per ounce, as appetite for risk-taking among investors increased following media reports that spurred speculation that Russia’s proposal to place Syria’s … Continue reading →

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AUD/USD: Australian business confidence rebounds in August

Posted on September 10, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 0.9230 as the demand for the Aussie received a boost from upbeat inflation and trade data from its largest trading parent, China. … Continue reading →

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USD/CAD: Upbeat Canadian building permits data continues to boost Loonie

Posted on September 10, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0372. Investors increased their exposure in the Canadian Dollar, as a strong building permit data in Canada bolstered the growth prospect … Continue reading →

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USD/CHF: Swiss Franc extends its gain on forecast-matching domestic jobs data

Posted on September 10, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9327. The Swissy rose as investors reacted positively to Switzerland’s employment data, which did not disappoint market expectation. On a seasonally … Continue reading →

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USD/JPY: BoJ board urged fiscal reform at August meeting, indicates BoJ minutes

Posted on September 10, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.30% against the JPY and closed at 99.71. In Japan, an official report showed that the nation’s consumer confidence index declined to a reading of 43.0 in August, … Continue reading →

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GBP/USD: Positive comments from George Osborne continues to boost the demand for Pound

Posted on September 10, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP gained 0.40% against the USD and closed at 1.5697, as investors cheered UK Chancellor of the Exchequer, George Osborne’s comments on the recovery of the Britain economy. He indicated that … Continue reading →

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EUR/USD: Investor confidence in the Euro-zone rose sharply in September

Posted on September 10, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.3256, as investors’ confidence in the Euro-area surged upward in September and as demand for the safe-haven currency fell on speculation that … Continue reading →

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Trading Signals per 09-09-2013

Posted on September 9, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3222   Entry-Limit Buy 0,8395 Limit BUY 1,3182   Limit SELL 0,8435 … Continue reading →

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Crude Oil: Crude extends its rally in the Asian session

Posted on September 9, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 1.72% against the USD for the period ending 21:00GMT, closing at 110.31 as a weakness in dollar following a lackluster US nonfarm payrolls report, bolstered the demand outlook of the commodity. … Continue reading →

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Silver: White Metal snaps Friday’s gains

Posted on September 9, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 2.97% to the USD23.87 per ounce during the period ending 21:00GMT, as a weakness in the dollar lured investors to demand more of the dollar-denominated commodity. In the Asian session, at GMT0300, Silver … Continue reading →

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Gold: Yellow metal advanced on weak dollar, pares gains in the Asian session

Posted on September 9, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.77% against the USD in the period ending 21:00GMT, at 1391.62 per ounce, as the greenback lost ground following the release of a downbeat US employment data. Gold prices also got … Continue reading →

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