Monthly Archives: November 2013

USD/JPY: Japan’s merchandised trade deficit unexpectedly widened in October

Posted on November 20, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.31% against the JPY and closed at 100.17. The Japanese Yen declined against the US Dollar, as traders refrained from taking major bets ahead of the Bank of … Continue reading →

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GBP/USD: Pound trading lower ahead of BoE’s minutes

Posted on November 20, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6136. The US Dollar gave up ground against its UK counterpart after Chicago Fed President, Charles Evans suggested that the central bank … Continue reading →

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EUR/USD: ECB should be “very careful” in using negative interest rates, says Jorg Asmussen

Posted on November 20, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.47% against the USD and closed at 1.3565, as the latest batch of upbeat economic releases from the Euro-zone bolstered the risk-taking appetite among investors. The ZEW survey on … Continue reading →

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Trading Signals per 19-11-2013

Posted on November 19, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3505   Entry-Limit Buy 0,8386 Limit BUY 1,3465   Limit SELL 0,8426 … Continue reading →

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Crude Oil: Oil continues to trade lower in the Asian session

Posted on November 19, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 92.99, amid worries that oil demand could weaken after US Federal Reserve policy maker suggested the central bank may taper … Continue reading →

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Silver: White metal extends its fall in the Asian trading hours

Posted on November 19, 2013 by GCI Financial

Silver Movement Silver prices declined 2.04% to USD20.39 per ounce during the 24 hours ending 23:00GMT, after comments from two of the top Fed officials spurred fresh speculation for an early tapering. In the Asian session, at GMT0400, Silver is … Continue reading →

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Gold: Yellow metal tad higher this morning

Posted on November 19, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.16% against the USD in the 24 hour period ending 23:00GMT, at 1274.40 per ounce, as speculation for an earlier-than-expected Fed tapering was strengthened after the New York Fed President, William Dudley expressed … Continue reading →

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AUD/USD: Aussie still at uncomfortably high level, indicates RBA minutes

Posted on November 19, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9367. LME Copper prices rose 0.5% or $32.0/MT to $6999.5/MT. Aluminium prices edged down marginally by $0.5/MT to $1737.5/MT. In the Asian … Continue reading →

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USD/CAD: Financial risks now weighing less on BoC’s monetary decisions, says Deputy Governor, Tiff Macklem

Posted on November 19, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0434. The Canadian Dollar advanced against its US counterparts, as investors’ appetite for risk-taking increased after a report showed that foreign … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on November 19, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9129. However, the losses in the greenback were trimmed after two eminent Fed policymakers expressed optimism on the recovery of the … Continue reading →

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USD/JPY: Yen trading below its MA’s

Posted on November 19, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.49% against the JPY and closed at 99.88. In the Asian session, at GMT0400, the pair is trading at 99.85, with the USD trading slightly lower from yesterday’s … Continue reading →

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