Monthly Archives: November 2013

Gold: Yellow metal continues to trader higher in the Asian trading hours

Posted on November 26, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.12% against the USD in the 24 hour period ending 23:00GMT, at 1251.93 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1252.66, 0.06% higher from … Continue reading →

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AUD/USD: RBA could intervene currency markets but the threshold for intervention remains high, hints Deputy Governor, Philip Lowe

Posted on November 26, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.9196. LME Copper prices rose marginally by $2.0/MT to $7067.5/MT. Aluminium prices declined 0.7% or $13.0/MT to $1734.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie pares its gains in the Asian session

Posted on November 26, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0525. In the Asian session, at GMT0400, the pair is trading at 1.0534, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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USD/CHF: “No reason to exit the minimum exchange rate policy”, says SNB Chief, Jordan

Posted on November 26, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9108. The Swiss Franc gave up ground against the US Dollar, after the Swiss National Bank (SNB) President, Thomas Jordan stated … Continue reading →

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USD/JPY: Nation on track to meet 2% price-stability target, indicates BoJ’s minutes

Posted on November 26, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 101.38. In the Asian session, at GMT0400, the pair is trading at 101.48, with the USD trading 0.10% higher from yesterday’s … Continue reading →

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GBP/USD: UK BBA mortgage approvals unexpectedly declined in October

Posted on November 26, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.6170, as an unexpected fall in the number of British Bankers’ Association’s (BBA) mortgage approvals during October, fuelled concerns on the recovery … Continue reading →

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EUR/USD: “Interest rates could remain low for an extended period, or even lower if need be”, says ECB’s Christian Noyer

Posted on November 26, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.3533, after the European Central Bank (ECB) Governing Council Member, Christian Noyer, highlighted the risks of a prolonged low inflation to the … Continue reading →

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Trading Signals per 25-11-13

Posted on November 25, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3555   Entry-Limit Sell 0,8359 Limit BUY 1,3515   Limit BUY 0,8319 … Continue reading →

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Crude Oil: Crude trading lower amid waning supply concerns

Posted on November 25, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.51% against the USD for the period ending 21:00GMT, closing at 94.79. In the Asian session, at GMT0400, Crude Oil is trading at 94.00, 0.83% lower from Friday’s close, as concerns … Continue reading →

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Silver: White metals extends its fall in the Asian session

Posted on November 25, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.75% to USD19.85 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.77, 0.40% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading lower amid a pull-back in demand for safe-haven assets

Posted on November 25, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.14% against the USD in the period ending 21:00GMT, at 1242.28 per ounce. In the Asian session, at GMT0400, Gold is trading at 1240.50, 0.14% lower from Friday’s close, as demand … Continue reading →

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