Monthly Archives: October 2013

AUD/USD: Depreciation in the Aussie to help domestic growth, says RBA Deputy Governor

Posted on October 25, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 0.9619, after Reserve Bank of Australia (RBA) Deputy Governor, Philip Lowe, expressed confidence in the central bank’s easing cycle, stating that the … Continue reading →

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USD/CAD: Loonie declined amid concerns over BoC’s interest rate stance, snaps losses in the morning session

Posted on October 25, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD to close at 1.0420. The Canadian Dollar continued to face pressure after the Bank of Canada on Wednesday lowered its growth forecast for the … Continue reading →

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

Posted on October 25, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD ended flat against the CHF and closed at 0.8925. In the Asian session, at GMT0300, the pair is trading at 0.8913, with the USD trading 0.13% lower from yesterday’s … Continue reading →

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USD/JPY: Japan’s consumer price index surpassed market expectations for September

Posted on October 25, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 97.39. In the Asian session, at GMT0300, the pair is trading at 97.27, with the USD trading 0.13% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher ahead of UK GDP data

Posted on October 25, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.6199, as investors’ appetite for risk taking increased after the Bank of England (BoE) Governor, Mark Carney reaffirmed his support for stronger … Continue reading →

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EUR/USD: Euro extends its gain in the Asian session

Posted on October 25, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.17% against the USD and closed at 1.3802. The US Dollar came under pressure after a lacklustre US initial jobless claims report strengthened the prospect of a prolonged Fed … Continue reading →

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Trading Signals per 24-10-2013

Posted on October 24, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3768   Entry-Limit Sell 0,8539 Limit SELL 1,3808   Limit BUY 0,8499 … Continue reading →

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Crude Oil: EIA reported a more-than-expected surge in the weekly US crude stockpiles

Posted on October 24, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 97.10, after the Energy Information Administration (EIA) reported that the US crude stockpiles climbed more than expected 5.25 million barrels … Continue reading →

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Silver: White metal trading higher this morning, following yesterday’s fall

Posted on October 24, 2013 by GCI Financial

Silver Movement Silver prices declined 0.81% to the USD22.58 per ounce during the 24 hours ending 23:00GMT, as a decline in the prices of industrial metals spooked investors’ confidence in the demand outlook of the white metal. In the Asian … Continue reading →

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Gold: Yellow metal rebounds on strong Chinese PMI data

Posted on October 24, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1333.14 per ounce, as the demand outlook of the dollar-denominated precious metal was hit after the US Dollar stabilised following Tuesday’s … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on October 24, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.62% against the USD to close at 0.9642, after the CB leading index for Australia dropped to a negative 0.2% in August from a growth of 0.3% in the … Continue reading →

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