Monthly Archives: October 2013

Gold: Yellow metal pares its gains in the Asian session

Posted on October 28, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.46% against the USD for the period ending 21:00GMT, at 1352.70 per ounce, as positive sentiment was fuelled amid speculation that upcoming festive season in India might boost demand for the … Continue reading →

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AUD/USD: Aussie trading higher, with RBA Governor’s speech in focus

Posted on October 28, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.37% against the USD to close at 0.9583. LME Copper prices declined 0.5% or $34.0/MT to $7126.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1807.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Loonie trading higher amid lack of domestic economic releases

Posted on October 28, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.30% against the CAD to close at 1.0451. In the Asian session, at GMT0400, the pair is trading at 1.0437, with the USD trading 0.13% lower from Friday’s close. The pair is expected … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian trading hours

Posted on October 28, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose marginally against the CHF and closed at 0.8927. In the Asian session, at GMT0400, the pair is trading at 0.8932, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: BoJ committed to its unprecedented monetary easing, says Deputy Governor, Kikuo Iwata

Posted on October 28, 2013 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.06% against the JPY and closed at 97.35. In the Asian session, at GMT0400, the pair is trading at 97.60, with the USD trading 0.25% higher from Friday’s close. The Japanese Yen gave … Continue reading →

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GBP/USD: UK GDP rose in line with market expectations for the third quarter

Posted on October 28, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.15% against the USD and closed at 1.6174. Investors favoured the US Dollar after a report revealed that the durable goods orders in the US rose more-than-expected in the month of September, adding to … Continue reading →

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EUR/USD: Euro trading tad higher ahead of German retail sales data

Posted on October 28, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose marginally against the USD and closed at 1.3807. However, gains in the Euro were capped after a report showed that the IFO – current assessment of the German economy edged down to a reading … Continue reading →

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Trading Signals per 25-10-2013

Posted on October 25, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3824   Entry-Limit Buy 0,8508 Limit BUY 1,3784   Limit SELL 0,8548 … Continue reading →

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Crude Oil: Crude oil extends its wining streak in the morning session

Posted on October 25, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 97.22, after a report showed that manufacturing activities in China, world’s second largest consumer of crude oil, rose more than … Continue reading →

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Silver: White metal reverses its direction in the Asian session

Posted on October 25, 2013 by GCI Financial

Silver Movement Silver prices rose 0.65% to the USD22.72 per ounce during the 24 hours ending 23:00GMT, as a weaker US dollar bolstered the demand outlook of the dollar denominated commodity. In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Gold: Yellow metal pares its five-week gain in the morning session

Posted on October 25, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1346.47 per ounce, as an upbeat rise in China’s HSBC manufacturing PMI bolstered the demand prospect of the commodity. The prices … Continue reading →

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