Monthly Archives: December 2013

AUD/USD: Aussie pares its losses in the Asian trading hours

Posted on December 10, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.9091. The US Dollar advanced against the Aussie after three of the top Fed policymakers, suggested the central bank to scale back … Continue reading →

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USD/CAD: Loonie trading tad higher in the Asian session

Posted on December 10, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0638. However, earlier in the trading session, the Canadian loonie gave up ground against the US Dollar after data showed that, … Continue reading →

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USD/CHF: Switzerland’s unemployment rate stood pat in November

Posted on December 10, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.8903. In Switzerland, on a seasonally adjusted basis, the nation’s unemployment rate for November stood at previous month’s level of 3.2%, … Continue reading →

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USD/JPY: Consumer confidence in Japan rose less than market expectations for November

Posted on December 10, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 103.26, after three eminent Fed policymakers expressed their support for the central bank to slow down the pace of its stimulus … Continue reading →

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GBP/USD: BoE Governor, Mark Carney sees positive signs in UK recovery

Posted on December 10, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.59% against the USD and closed at 1.6423, after the Bank of England (BoE) Governor, Mark Carney, in a speech in New York, stated that UK economic news “has … Continue reading →

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EUR/USD: Euro trading higher ahead of ECB President, Mario Draghi’s speech

Posted on December 10, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.3738. However, Euro’s gains against the greenback were capped after three of the top Fed officials expressed their support for a Fed-QE-taper … Continue reading →

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Trading Signals per 09-12-2013

Posted on December 9, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3727   Entry-Limit Sell 0,8392 Limit BUY 1,3687   Limit BUY 0,8352 … Continue reading →

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Crude Oil: Crude trading higher in the Asian trading hours

Posted on December 9, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.27% against the USD for the period ending 21:00GMT, closing at 97.70, as an upbeat rise in the US employment data bolstered the demand outlook of the commodity in the nation, … Continue reading →

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Silver: White metal extends its winning streak in the morning session

Posted on December 9, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.54% to USD19.49 per ounce during the period ending 21:00GMT, amid a broad gain in metal prices. In the Asian session, at GMT0400, Silver is trading at 19.52, 0.16% higher from Friday’s close. … Continue reading →

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Gold: Yellow metal continues to shine in the Asian session

Posted on December 9, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.25% against the USD in the period ending 21:00GMT, at 1228.40 per ounce, after Chicago Fed President, Charles Evans, eased concerns over an earlier-than-expected tapering of Fed stimulus measures, stating that … Continue reading →

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AUD/USD: RBA Governor warns against over-confidence in handling an economic backdrop

Posted on December 9, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.36% against the USD to close at 0.9098. During the weekend, the Reserve Bank of Australia (RBA) Governor, Glenn Stevens, in a press conference, suggested that the nation must guard itself against becoming … Continue reading →

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