Monthly Archives: November 2013

USD/CAD: Loonie trading lower ahead of Canada’s consumer inflation data

Posted on November 22, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CAD to close at 1.0521. In the Asian session, at GMT0400, the pair is trading at 1.0545, with the USD trading 0.23% higher from yesterday’s … Continue reading →

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USD/CHF: SNB prepared to take further measures to defend Swiss Franc, says Fritz Zurbruegg

Posted on November 22, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9143. Yesterday, the Swiss National Bank (SNB) Board Member, Fritz Zurbruegg, stated that, the central bank “remains prepared to enforce the … Continue reading →

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USD/JPY: BoJ “would not hesitate” to take further measures to achieve its inflation target, says Kuroda

Posted on November 22, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.04% against the JPY and closed at 101.29. The Japanese Yen gave up ground against the USD, after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda hinted the … Continue reading →

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GBP/USD: UK’s November industrial output rose the most since 1995, indicates CBI survey

Posted on November 22, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.51% against the USD and closed at 1.6180, after the Confederation of British Industry (CBI) reported better-than-expected UK’s industrial output for November, highest level since 1995. According to the … Continue reading →

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EUR/USD: “No news on negative interest rate”, says ECB President

Posted on November 22, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.3472, after the European Central Bank (ECB) President, Mario Draghi cooled off speculations for a negative deposit interest rate in the Euro-zone … Continue reading →

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Trading Signals per 21-11-2013

Posted on November 21, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3405   Entry-Limit Buy 0,8333 Limit SELL 1,3445   Limit SELL 0,8373 … Continue reading →

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Crude Oil: Crude pares its gains in the Asian session

Posted on November 21, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 93.80, after the Energy Information Administration (EIA) reported a less-than-expected 375,000 barrels increase in the US crude stockpiles for the … Continue reading →

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Silver: White metal extends its losing streak

Posted on November 21, 2013 by GCI Financial

Silver Movement Silver prices declined 2.33% to USD19.91 per ounce during the 24 hours ending 23:00GMT, hurt by a stronger US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.86, 0.28% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal reverses its direction in the morning session

Posted on November 21, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1245.20 per ounce, after the minutes from the Fed’s latest policy meeting signalled that the FOMC might slow down the pace … Continue reading →

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AUD/USD: Aussie 10% overvalued, indicates IMF

Posted on November 21, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.17% against the USD to close at 0.9331. The US Dollar advanced against the Aussie, after the minutes from the Fed’s latest policy meeting hinted a pull back in … Continue reading →

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USD/CAD: BoC Governor disagrees with OECD’s view for an interest rate hike, says current policies remains appropriate

Posted on November 21, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended mostly flat against the CAD to close at 1.0457. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, expressed his disagreement on Organization for Economic Co-operation and Development … Continue reading →

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