Monthly Archives: November 2013

AUD/USD: Aussie trading tad lower ahead of RBA Deputy Governor, Philip Lowe’s speech

Posted on November 25, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.74% against the USD to close at 0.9160. LME Copper prices rose 1.1 % or $73.5/MT to $7065.5/MT. Aluminium prices advanced 1.0% or $16.5/MT to $1747.0/MT. In the Asian session, at GMT0400, the … Continue reading →

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USD/CAD: Canada’s consumer inflation failed to meet market expectation for October

Posted on November 25, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0538. On the economic front, Canada’s consumer price index rose 0.7% (YoY) in October, lesser than market expectation for a 0.9% rise and compared to previous … Continue reading →

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USD/CHF: Swiss Franc trading lower, with focus on Switzerland’s employment data

Posted on November 25, 2013 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.75% against the CHF and closed at 0.9072. In the Asian session, at GMT0400, the pair is trading at 0.9087, with the USD trading 0.17% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: “Japan’s economy is projected to grow at a pace above its potential”, says BoJ Chief

Posted on November 25, 2013 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.07% against the JPY and closed at 101.23, as traders refrained from taking major bets in the US Dollar, amid lack of major economic releases from the US. In the Asian session, at … Continue reading →

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GBP/USD: Recovery in the UK economy has “a number of years to go”, says BoE’s Spencer Dale

Posted on November 25, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.20% against the USD and closed at 1.6213. However, the gains in the UK Pound were capped after the Bank of England’s (BoE) Chief Economist, Spencer Dale, warned that that the recovery in the … Continue reading →

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EUR/USD: German economy grew 0.3% in the third quarter

Posted on November 25, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.57% against the USD and closed at 1.3549, as the latest batch of strong economic data from Germany bolstered investors’ confidence in the recovery of the Euro-zone economy. Positive sentiment was also fuelled after … Continue reading →

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Trading Signals per 22-11-2013

Posted on November 22, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3535   Entry-Limit Buy 0,8315 Limit BUY 1,3495   Limit SELL 0,8355 … Continue reading →

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Crude Oil: Crude trading lower in the Asian trading hours

Posted on November 22, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.58% against the USD for the 24 hour period ending 23:00GMT, closing at 95.28, after reports showed that optimism for a nuclear deal with Iran waned. The Iranian Deputy Foreign Minister, Abbas Araghchi, … Continue reading →

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Silver: White metal trading lower

Posted on November 22, 2013 by GCI Financial

Silver Movement Silver prices rose 0.44% to USD20.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.99, marginally lower from yesterday’s close. Silver is expected to find support at 19.80, … Continue reading →

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Gold: Yellow metal continues trading lower in the Asian session

Posted on November 22, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1244.04 per ounce, after an upbeat US employment data strengthened the prospect for the Fed to start tapering the size of … Continue reading →

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AUD/USD: RBA could intervene to counter Aussie’s strength: Glenn Stevens

Posted on November 22, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.07% against the USD to close at 0.9230, after the Reserve Bank of Australia (RBA) Governor, Glenn Stevens highlighted the possibility for the central bank to intervene in the … Continue reading →

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