Monthly Archives: December 2013

USD/CHF: Swiss Franc trading tad lower, ahead of release of Swiss CPI numbers

Posted on December 6, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CHF and closed at 0.8968. In the Asian session, at GMT0400, the pair is trading at 0.8970, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading lower in the Asian session, following yesterday’s gain

Posted on December 6, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.67% against the JPY and closed at 101.72. The greenback lost momentum, despite better-than-expected US GDP figure and a notable decline in claims for US unemployment benefits. In … Continue reading →

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GBP/USD: BoE holds interest rate steady

Posted on December 6, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6332. In its policy meeting, the Bank of England (BoE) left its monetary policy unchanged. The BoE’s interest rate decision came after … Continue reading →

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EUR/USD: ECB slashes inflation forecast even as it holds steady on policy

Posted on December 6, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.61% against the USD and closed at 1.3669, after the European Central Bank (ECB) left its key interest rate unchanged. Meanwhile, the ECB Chief, Mario Draghi downplayed deflation risks. … Continue reading →

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Trading Signals per 5-12-2013

Posted on December 5, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3636   Entry-Limit Sell 0,8338 Limit BUY 1,3596   Limit BUY 0,8298 … Continue reading →

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Crude Oil: EIA reveals a decline in US crude oil inventories

Posted on December 5, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 97.20, after the US Energy Information Administration (EIA) indicated that crude supplies unexpectedly fell by 5.6 million barrels for the … Continue reading →

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Silver: White metal trading above its MA’s

Posted on December 5, 2013 by GCI Financial

Silver Movement Silver prices rose 2.89% to USD 19.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.64, 0.23% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal reverses its direction in the Asian session

Posted on December 5, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.55% against the USD in the 24 hour period ending 23:00GMT, at 1242.90 per ounce. However, the release of upbeat ADP report on private sector job creation, as well as data on new … Continue reading →

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AUD/USD: Australia’s trade deficit widened more than analysts’ expectations for October

Posted on December 5, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.08% against the USD to close at 0.9033, after a weaker-than-expected third quarter economic growth in Australia weighed heavily on the domestic currency, highlighting that the country is still … Continue reading →

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USD/CAD: “Downside risks to inflation appears to be greater”, says BoC Chief, Stephen Poloz

Posted on December 5, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.0679. The Canadian Dollar gave up ground against the US Dollar as fresh speculation for an interest-rate-cut spurred after the Bank … Continue reading →

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USD/CHF: Swiss industrial production witnesses a rebound in Q3

Posted on December 5, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9025. The Franc received support after on official data revealed that the Swiss industrial production climbed 0.7% in the third quarter, … Continue reading →

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