Monthly Archives: November 2013

USD/CHF: Switzerland’s consumer inflation declines more than market expectations for October

Posted on November 6, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 0.9138. The Swiss Franc gave up ground against its US counterpart after an official report revealed that Switzerland’s consumer price index … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s annual CPI to improve gradually, indicated BoJ minutes

Posted on November 6, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 98.49, after San Francisco Fed President, John Williams suggested that the Fed should continue with its stimulus measures for a longer … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher ahead of NIESR GDP estimate

Posted on November 6, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6046 as investors cheered an upbeat growth in the UK’s service sector during October. CIPS/Markit Economics reported that the UK service PMI … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: European Commission trims its growth forecast on the Euro-zone economy for 2014

Posted on November 6, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.3472, as investors’ risk appetite declined after the European Commission stated that it is too early to declare a victory in the … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals per 05-11-2013

Posted on November 5, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3480   Entry-Limit Buy 0,8408 Limit SELL 1,3520   Limit SELL 0,8448 … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Crude reverses its direction in the Asian session

Posted on November 5, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 94.48, as supply concerns in the Middle East region eased after Libya’s National Oil Corp stated that loadings at Hariga … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal showing convergence with its MA’s

Posted on November 5, 2013 by GCI Financial

Silver Movement Silver prices declined 0.91% to USD21.66 per ounce during the 24 hours ending 23:00GMT, as a decline in the prices of industrial metals weighed on the demand outlook of the commodity. In the Asian session, at GMT0400, Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal snaps its losses in the morning session

Posted on November 5, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1314.55 per ounce. However, the losses in the commodity were capped, as the US Dollar gave up ground against major counterparts … Continue reading →

Posted in Gold | Comments Off

AUD/USD: RBA keeps its interest rate unchanged at 2.5%

Posted on November 5, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 0.9513. In economic news, the Australian Industry Group reported that the performance of service index in the nation advanced to a reading … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower in the morning session

Posted on November 5, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0423. The Canadian Dollar gave up ground against its US counterpart after crude oil, the nation’s biggest export, traded at almost … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower with focus on Swiss consumer inflation data

Posted on November 5, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9100, as Fed policymakers’ indication for a support to continuing stimulus measures triggered a sell-off in the US Dollar. In the … Continue reading →

Posted in USD/CHF | Comments Off