Monthly Archives: September 2013

USD/CAD: With soft August inflation data, no rate-hike pressure for Bank of Canada

Posted on September 23, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.25% against the CAD to close at 1.0294, following fresh speculation that the Fed might begin tapering in October. In Canada, an official report showed that the nation’s consumer price index stood at … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of SNB monthly statistical bulletin

Posted on September 23, 2013 by GCI Financial

USDCHF Movement On Friday, the USD declined slightly against the CHF and closed at 0.9104. In the Asian session, at GMT0300, the pair is trading at 0.9110, with the USD trading 0.07% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Yen trading higher in holiday thin trade

Posted on September 23, 2013 by GCI Financial

USDJPY Movement On Friday, the USD marginally weakened against the JPY and closed at 99.38. The Yen gained ground against the greenback, after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda expressed optimism on achieving central bank’s inflation target. Earlier … Continue reading →

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GBP/USD: Pound trading flat against the greenback in the Asian session

Posted on September 23, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.11% against the USD and closed at 1.6019. In economic news, an official data revealed that UK public sector net borrowing rose less than expected to a level of £11.452 billion in August, failing … Continue reading →

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EUR/USD: Euro rises as Angela Merkel wins German election for a historic third term

Posted on September 23, 2013 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.09% against the USD and closed at 1.3521, as a dismal Euro-zone’s consumer confidence data spooked investors’ sentiment. Data showed that consumer confidence in the Euro-zone region rose to a level of -14.9 in … Continue reading →

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Trading Signals per 20-09-2013

Posted on September 20, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3565   Entry-Limit Buy 0,8416 Limit BUY 1,3525   Limit SELL 0,8456 … Continue reading →

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Crude Oil: Crude continues to decline as Middle East supply concern wanes

Posted on September 20, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.84% against the USD for the 24 hour period ending 23:00GMT, closing at 106.28, as an increase in Libya’s oil output and Syrian President Bashar al-Assad’s assurance to co-operate with international powers to … Continue reading →

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Silver: White metal snaps its gains in the morning session

Posted on September 20, 2013 by GCI Financial

Silver Movement Silver prices rose 0.99% to the USD23.14 per ounce during the 24 hours ending 23:00GMT, as investors continued to cheer Fed’s decision to maintain the size of its monthly asset purchase programme at $85 billion. Additionally, an enhanced … Continue reading →

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Gold: Profit booking sends yellow metal lower in the Asian session

Posted on September 20, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1368.25 per ounce, as lingering optimism on Fed’s decision to maintain its $85 billion asset-purchase programme, continued to support the prices … Continue reading →

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AUD/USD: Aussie pares losses in the morning session

Posted on September 20, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.54% against the USD to close at 0.9444. LME Copper prices rose 3.0% or $211.0/MT to $7301.5/MT. Aluminium prices advanced 2.4% or $41.5/MT to $1783.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading lower ahead of domestic consumer inflation data

Posted on September 20, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.0269. The Loonie declined against the greenback as traders mulled whether the recent gains in the currency, following Fed’s stimulus decision, … Continue reading →

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