Monthly Archives: November 2013

GBP/USD: UK Markit manufacturing PMI marginally lower than expectations

Posted on November 4, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.73% against the USD and closed at 1.5927. The US Dollar gained ground against the UK Pound following upbeat US ISM manufacturing PMI data and after two Fed officials indicated that an improvement in … Continue reading →

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EUR/USD: Euro trading lower ahead of domestic manufacturing PMI and investors’ confidence data

Posted on November 4, 2013 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.65% against the USD and closed at 1.3492, amid lingering speculation that the latest batch of lacklustre economic data from the Euro-zone might compel the European Central Bank (ECB) to initiate more easing measures. … Continue reading →

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Trading Signals per 1-11-2013

Posted on November 1, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3465   Entry-Limit Buy 0,8428 Limit SELL 1,3505   Limit SELL 0,8468 … Continue reading →

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Crude Oil: Crude pares losses buoyed by upbeat Chinese manufacturing PMI data

Posted on November 1, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 96.33, as a more-than-expected surge in the level of US crude stockpiles weighed on the demand outlook for the commodity. … Continue reading →

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Silver: White metal extends its losing streak

Posted on November 1, 2013 by GCI Financial

Silver Movement Silver prices declined 3.03% to the USD21.93 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in precious metals. In the Asian session, at GMT0400, Silver is trading at 21.90, 0.16% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal reverses its direction in the Asian session

Posted on November 1, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1324.02 per ounce, as a stronger US Dollar and lingering concerns on the Fed’s pace of stimulus measures weighed on the … Continue reading →

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AUD/USD: Aussie snaps losses in the Asian trading hours

Posted on November 1, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9464. Late Thursday, the Australian Industry Group reported that the performance of manufacturing index in Australia advanced to a reading of 53.2 … Continue reading →

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USD/CAD: Canada’s GDP rose more than expected in August

Posted on November 1, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.0432. The Canadian Dollar advanced against the US Dollar after an official report revealed that the Canada’s Gross Domestic Product (GDP) … Continue reading →

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USD/CHF: Swiss Franc trading tad lower in the morning session

Posted on November 1, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CHF and closed at 0.9075. In the Asian session, at GMT0400, the pair is trading at 0.9078, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: BoJ Governor reveals three board members’ dissent in achieving 2% inflation target

Posted on November 1, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 98.35. The Japanese Yen gained ground against its US counterpart after the Bank of Japan (BoJ) upgraded its economic outlook for … Continue reading →

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GBP/USD: Pound pares its gains in the Asian session

Posted on November 1, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6044, after data showed that, on a non-seasonally adjusted basis, UK’s nationwide housing prices rose 5.8% (YoY) in October, more than analysts’ … Continue reading →

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