Monthly Archives: December 2013

USD/CAD: Unemployment rate in Canada stood at previous month’s level of 6.9%

Posted on December 9, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose marginally against the CAD to close at 1.0652. In economic news, the Statistics Canada reported that unemployment rate in the nation stood at 6.9% in November, in-line with analysts’ expectations and similar to … Continue reading →

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USD/CHF: Switzerland’s consumer price index rises for the first time in two years

Posted on December 9, 2013 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.41% against the CHF and closed at 0.8930. The Swiss Franc advanced against the greenback after an official report revealed that Switzerland’s consumer price index rose 0.1% (YoY) in November, rebounding from previous … Continue reading →

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USD/JPY: “Yen would rally to 100 per USD”, projects an ex-BoJ official, Tohru Sasaki

Posted on December 9, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 1.15% against the JPY and closed at 102.90, after the US unemployment rate decline more-than-expected to 7.0%, bolstering bets for an early Fed tapering. During the weekend, the Bank of Japan (BoJ) Governor, … Continue reading →

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GBP/USD: UK consumers expect inflation to rise to 3.6% in the next year

Posted on December 9, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.06% against the USD and closed at 1.6340, as risk-appetite among investors rose after a report from the Bank of England (BoE) showed that median expectations for inflation over the next 12 months rose … Continue reading →

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EUR/USD: Angela Merkel’s coalition plan faces dissent from party members

Posted on December 9, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.18% against the USD and closed at 1.3694. The US Dollar gave up ground against the Euro after the Chicago Fed President, Charles Evans, ruled out the possibility for an earlier-than-expected Fed-tapering, by stating … Continue reading →

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Trading Signals per 6-12-2013

Posted on December 6, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3686   Entry-Limit Sell 0,8373 Limit BUY 1,3646   Limit BUY 0,8333 … Continue reading →

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Crude Oil: Oil prices showing convergence with both its MA’s

Posted on December 6, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 97.44, as upbeat US economic data indicated resurgent demand in the world’s biggest economy. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on December 6, 2013 by GCI Financial

Silver Movement Silver prices declined 1.50% to USD19.39 per ounce during the 24 hours ending 23:00GMT, amid a broadly strong dollar. In the Asian session, at GMT0400, Silver is trading at 19.35, 0.20% lower from yesterday’s close. Silver is expected … Continue reading →

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Gold: Gold stable in the Asian session

Posted on December 6, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1225.35 per ounce, as positive data from the US diminished the precious metal’s safe-haven appeal. Economic data released yesterday indicated that … Continue reading →

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AUD/USD: Aussie reverses its direction in the Asian session

Posted on December 6, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 0.9067. LME Copper prices rose 1.5% or $106.0/MT to $7081.0/MT. Aluminium prices advanced 1.5% or $26.0/MT to $1728.0/MT. In the Asian session, … Continue reading →

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

Posted on December 6, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0650. The Canadian Dollar gained ground against the greenback after an official report revealed that building permits in Canada surged 7.4% … Continue reading →

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