Monthly Archives: November 2013

Gold: Yellow metal trading almost flat after Friday’s fall

Posted on November 11, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 1.52% against the USD in the period ending 21:00GMT, at 1288.25 per ounce, after the US Dollar strengthened following upbeat US non-farm payrolls data. In the Asian session, at GMT0400, Gold … Continue reading →

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USD/CAD: Canadian economy added fewer than expected jobs in October

Posted on November 11, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.33% against the CAD to close at 1.0488, as a better-than-expected US employment data, boosted the demand for the US Dollar. In Canada, on a seasonally adjusted yearly basis, housing starts in the … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on November 11, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.78% against the USD to close at 0.9381, hurt by the Reserve Bank of Australia’s (RBA) decision to trim its growth forecasts on the Australian economy for 2014. On Sunday, a report from … Continue reading →

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USD/CHF: Switzerland’s unemployment rate rose to 3.2% in October

Posted on November 11, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.59% against the CHF and closed at 0.9222, as investors cheered an upbeat rise in the US non-farm payrolls employment data. Meanwhile, the Swiss Franc came under pressure after a report from Switzerland … Continue reading →

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USD/JPY: Yen pares its losses in the Asian trading hours

Posted on November 11, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.88% against the JPY and closed at 99.04, buoyed by a strong growth in the domestic non-farm payrolls data. In the Asian session, at GMT0400, the pair is trading at 99.01, with the … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on November 11, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.57% against the USD and closed at 1.5996, as the latest batch of dismal economic releases in the UK weighed on the recovery prospect of the Britain economy. In the UK, a report showed … Continue reading →

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EUR/USD: US non-farm payroll employment surpassed analysts’ expectations for September.

Posted on November 11, 2013 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.37% against the USD and closed at 1.3360. The US Dollar gained ground against the Euro after upbeat US non-farm payrolls data strengthened the prospect for the Fed to taper its stimulus package sooner … Continue reading →

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Trading Signals per 08-11-2013

Posted on November 8, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3456   Entry-Limit Buy 0,8303 Limit BUY 1,3416   Limit SELL 0,8343 … Continue reading →

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Crude Oil: Crude trading marginally higher, with focus on Iran’s nuclear talks

Posted on November 8, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 94.41, as a stronger dollar and concerns over Iranian nuclear talks, triggered a sell-off in the commodity. However, the losses … Continue reading →

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Silver: White metal regains lost ground against the US Dollar

Posted on November 8, 2013 by GCI Financial

Silver Movement Silver prices declined 0.61% to USD21.67 per ounce during the 24 hours ending 23:00GMT, amid a broadly stronger US Dollar. In the Asian session, at GMT0400, Silver is trading at 21.70, 0.13% higher from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal trading higher in the Asian session, following yesterday’s sell-off

Posted on November 8, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1308.08 per ounce, after data revealed that the US Gross Domestic Product (GDP) rose more than analysts’ expectation for the third … Continue reading →

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