Monthly Archives: October 2013

USD/CAD: BoC keeps its interest rate unchanged at 1.0%, trims nation’s growth for next three years

Posted on October 24, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CAD to close at 1.0383. The Canadian Dollar gave up ground against the greenback as the Bank of Canada (BoC) changed its stance on the … Continue reading →

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USD/CHF: Swiss Franc trading higher amid lack of domestic economic data

Posted on October 24, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.8925, as investors refrained from taking bets in the greenback following the release of a weak US employment data on Tuesday. … Continue reading →

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USD/JPY: Yen trading higher with Japan’s consumer inflation data in focus

Posted on October 24, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.70% against the JPY and closed at 97.45, on lingering speculation that a weakness in the US jobs market might compel the Fed to continue with its asset-purchase … Continue reading →

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GBP/USD: Policymakers unanimously voted to maintain loose monetary policies, indicates BoE minutes

Posted on October 24, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.6164, as the minutes from the Bank of England (BoE) latest policy meeting, highlighted policymakers’ unanimous decision to refrain from altering its … Continue reading →

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EUR/USD: Euro trading higher ahead of Markit PMI data

Posted on October 24, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3779. However the gains in the Euro were capped, as risk appetite among investors declined following European Central Bank’s (ECB) decision to … Continue reading →

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Trading Signals per 23-10-2013

Posted on October 23, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3745   Entry-Limit Sell 0,8525 Limit SELL 1,3785   Limit BUY 0,8485 … Continue reading →

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Crude Oil: API reported a 3 million barrels rise in the US crude stockpiles during the earlier week

Posted on October 23, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 98.16. Late Tuesday, the American Petroleum Institute (API) reported that the US crude inventories rose 3 million barrels during the … Continue reading →

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Silver: White metal reverses its direction in the morning trading hours

Posted on October 23, 2013 by GCI Financial

Silver Movement Silver prices rose 2.61% to the USD22.76 per ounce during the 24 hours ending 23:00GMT, buoyed by a weakness in the US dollar and a rise in the prices of the industrial metals. In the Asian session, at … Continue reading →

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Gold: Yellow metal pares gains in the Asian session

Posted on October 23, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 2.05% against the USD in the 24 hour period ending 23:00GMT, at 1341.33 per ounce, as weakness in the US Dollar bolstered the demand outlook of the dollar denominated metal. The USD lost … Continue reading →

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AUD/USD: Australia’s CPI rose more than market expectations for the third quarter

Posted on October 23, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.54% against the USD to close at 0.9703. The US Dollar edged lower against the Aussie, amid investor speculation that the weak US employment data, released yesterday, would compel … Continue reading →

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USD/CAD: Loonie trading tad higher ahead of BoC’s interest rate decision

Posted on October 23, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0293, as weak employment data from the US dimmed prospects for a near term tapering of asset buying by the US … Continue reading →

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