Monthly Archives: September 2013

AUD/USD: Aussie trading lower in the Asian session

Posted on September 24, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 0.9420, as strong manufacturing PMI data from China, Australia’s largest trading partner, boosted the demand for Aussie. The greenback also came under … Continue reading →

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USD/CAD: Loonie trading flat against the USD ahead of domestic retail sales data

Posted on September 24, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0287. In the Asian session, at GMT0300, the pair is trading at 1.0287, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/CHF: SNB’s cap of Swiss Franc remains “indispensable”, indicates SNB Chief

Posted on September 24, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9106. The Swiss National Bank (SNB) President, Thomas Jordan, yesterday stated that even now the Swiss Franc is a highly valued … Continue reading →

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USD/JPY: Yen gave up ground against the greenback in the Asian session

Posted on September 24, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 98.74, as policymakers’ support for Fed’s stimulus decision, spooked investors confidence. The New York Fed President, William C. Dudley, in his … Continue reading →

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GBP/USD: Pound snaps its previous session’s gains

Posted on September 24, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.6041. The greenback came under pressure after two senior Federal Reserve officials yesterday expressed disappointment with the pace of the US recovery … Continue reading →

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EUR/USD: ECB Chief hinted at the possibility for additional stimulus measures to spur growth

Posted on September 24, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3497, after the European Central Bank (ECB) President, Mario Draghi, stated that the officials are willing to consider additional stimulus measures to … Continue reading →

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Trading Signals per 23-09-2013

Posted on September 23, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3504   Entry-Limit Buy 0,8417 Limit SELL 1,3544   Limit SELL 0,8457 … Continue reading →

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Crude Oil: Crude reverses its direction in the Asian session

Posted on September 23, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.59% against the USD for the period ending 21:00GMT, closing at 104.59, as concerns over crude oil supply from the Middle East region declined after the Organization for the Prohibition of … Continue reading →

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Silver: White metal continues its fall on hampered demand-outlook of the industrial metals

Posted on September 23, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 5.79% to the USD21.80 per ounce for the period ending 21:00GMT, as fall in the prices of the industrial metal and tapering comments from St. Louis Fed Chief, James Bullard, triggered a decline … Continue reading →

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Gold: Tapering comments from St. Louis Fed Chief continues to weigh on yellow metal

Posted on September 23, 2013 by GCI Financial

Gold Movement On Friday, Gold prices sank 3.11% against the USD for the period ending 21:00GMT, at 1325.63 per ounce, after Fed Bank of St. Louis President, James Bullard, highlighted the possibility of the Fed to marginally taper its $85 … Continue reading →

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AUD/USD: Aussie spikes following Chinese PMI data

Posted on September 23, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.41% against the USD to close at 0.9405. LME Copper prices fell 0.1% or $6.5/MT to $7295.0/MT. Aluminium prices declined 0.7% or $12.0/MT to $1771.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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