Monthly Archives: September 2013

USD/CAD: Loonie rebounds on speculation for a strong domestic employment report

Posted on September 6, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally gained against the CAD to close at 1.0502. In the Asian session, at GMT0300, the pair is trading at 1.0483, with the USD trading 0.18% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc pares losses ahead of consumer inflation data

Posted on September 6, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.98% against the CHF and closed at 0.9451. In the Asian session, at GMT0300, the pair is trading at 0.9435, with the USD trading 0.17% lower from yesterday’s … Continue reading →

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USD/JPY: Yen gave up grounds following Kuroda’s speech, trading higher in the Asian session

Posted on September 6, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.38% against the JPY and closed at 100.13. The decline in the Yen followed the Bank of Japan’s (BoJ) decision to keep its monetary policies unchanged at its … Continue reading →

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GBP/USD: Pound trading higher ahead of BoE’s inflation report

Posted on September 6, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5590, after the Bank of England (BoE) refrained from changing its monetary policy, broadly in line with market expectations. The BoE kept … Continue reading →

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EUR/USD: Rate cut still an option to combat downside risks to the Euro-area’s economy: ECB President

Posted on September 6, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.61% against the USD and closed at 1.3119, as dovish comments from the European Central Bank (ECB) President, Mario Draghi, on the region’s benchmark interest rate spooked investors confidence. … Continue reading →

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Trading Signals per 05-09-2013

Posted on September 5, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3215   Entry-Limit Buy 0,8435 Limit BUY 1,3175   Limit SELL 0,8475 … Continue reading →

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Crude Oil: Crude Oil seen rising in the Asian hours amid concerns over Syria

Posted on September 5, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 107.32. However the losses were capped on speculation that a limited military strike from the US on Syria could disrupt … Continue reading →

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Silver: White Metal lower, hurt by a decline in demand for industrial metal

Posted on September 5, 2013 by GCI Financial

Silver Movement Silver prices declined 3.57% to the USD 23.44 per ounce during the 24 hours ending 23:00GMT as a decline in the demand for industrial metals spooked investors’ confidence. In the Asian session, at GMT0300, Silver is trading at … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on September 5, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.40% against the USD in the 24 hour period ending 23:00GMT, at 1392.00 per ounce, as investors refrained from taking major bets amid ongoing tensions between the US and Syria. However, the losses … Continue reading →

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AUD/USD: Aussie lower after disappointing trade balance data

Posted on September 5, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 1.28% against the USD to close at 0.9169, as investors continued to cheer an upbeat Australian GDP data. LME Copper prices declined 0.8% or $58.0/MT to $7125.5/MT. Aluminium prices … Continue reading →

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USD/CAD: Loonie buoyed by BoC’s assurance

Posted on September 5, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.0499 as risk-appetite among investors increased after the Bank of Canada (BoC) Governor, Stephen Poloz, assured that the Central Bank’s monetary … Continue reading →

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