Monthly Archives: September 2013

Gold: Yellow metal snaps its three day losing streak

Posted on September 25, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1324.92 per ounce, as lingering uncertainty over Fed’s pace of stimulus measures bolstered the demand outlook of the safe-haven commodity. In … Continue reading →

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AUD/USD: Australia’s financial system remains in a relatively strong position, indicates RBA

Posted on September 25, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 0.9384. LME Copper prices declined 0.6% or $40.5/MT to $7140.5/MT. Aluminium prices eased 0.1% or $1.0/MT to $1753.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie declined tracking a drop in oil prices, reverses its direction in the Asian session

Posted on September 25, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.0309. The demand for the Canadian Dollar came under pressure after the prices of the nation’s biggest export, crude oil declined … Continue reading →

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USD/CHF: Swiss France trading lower ahead of UBS consumption indicator

Posted on September 25, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9134, as uncertainty over an upcoming Senate vote for a budget deal, spurred demand for the safe-haven US Dollar. In the … Continue reading →

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USD/JPY: Yen trading higher against the USD in the Asian session

Posted on September 25, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 98.73. In the Asian session, at GMT0300, the pair is trading at 98.68, with the USD trading marginally lower from yesterday’s … Continue reading →

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GBP/USD: BoE not in a rush to withdraw its stimulus measures, states Paul Tucker

Posted on September 25, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.29% against the USD and closed at 1.5994, as the Bank of England (BoE) Deputy Governor, Paul Tucker, in his speech, stated that the UK central bank was in … Continue reading →

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EUR/USD: Greenback soars amid concerns over domestic budget talks

Posted on September 25, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.18% against the USD and closed at 1.3474. The greenback rose as concerns over the US budget talks lured investors to take refuge under the safe-haven, dollar. The US … Continue reading →

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Trading Signals per 24-09-2013

Posted on September 24, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3472   Entry-Limit Buy 0,8410 Limit SELL 1,3512   Limit SELL 0,8450 … Continue reading →

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Crude Oil: Crude rebounds ahead of Iran nuclear talks

Posted on September 24, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, as waning concerns over the supply outlook of the commodity from the Middle East region, continued to exert pressure … Continue reading →

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Silver: White metal rebounds in the Asian session

Posted on September 24, 2013 by GCI Financial

Silver Movement Silver prices declined 1.19% to the USD21.65 per ounce during the 24 hours ending 23:00GMT, as a fall in the prices of the industrial metals dampened the demand outlook of the white metal. In the Asian session, at … Continue reading →

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Gold: Yellow metal pares previous sessions’ losses

Posted on September 24, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1322.01 per ounce, as pessimistic comments from two leading brokerage house weighed on the demand outlook of the commodity. Citigroup indicated … Continue reading →

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