Monthly Archives: December 2013

Gold: Yellow metal extends its gains this morning

Posted on December 27, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1210.93 per ounce, on rising physical demand from Asia. In the Asian session, at GMT0400, Gold is trading at 1211.83, 0.07% … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on December 27, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.30% against the USD to close at 0.8887. The US Dollar traded on a strong footing after strong economic data added to evidence of a recovering labour market in … Continue reading →

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USD/CAD: Loonie reverses its losses in the Asian session

Posted on December 27, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.0650, following upbeat jobless claims data. In the Asian session, at GMT0400, the pair is trading at 1.0634, with the USD … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on December 27, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD ended flat against the CHF and closed at 0.8963. In the Asian session, at GMT0400, the pair is trading at 0.8938, with the USD trading 0.28% lower from yesterday’s … Continue reading →

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USD/JPY: Some BoJ policymakers concerned over slowdown in growth, BoJ minutes

Posted on December 27, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.38% against the JPY and closed at 104.92, after data revealed that the number of people filing initial unemployment benefits last week fell for the first time in … Continue reading →

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GBP/USD: UK could be Europe’s ‘largest’ economy by 2030, think tank

Posted on December 27, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.6414. Yesterday, a study released by British research group the Centre for Economics and Business Research (CEBR) indicated that Britain would surpass … Continue reading →

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EUR/USD: US jobless claims post the biggest drop since November 2012

Posted on December 27, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD and closed at 1.3695. In the US, the labour market showed strengthening signs after data indicated that initial jobless claims in the US declined to … Continue reading →

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GBP/USD: British Pound extends its gains this morning

Posted on December 24, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6349. The British Pound found support yesterday, after the Bank of England (BoE) Deputy Governor, Andrew Bailey stated that the central bank … Continue reading →

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Crude Oil: Trading higher ahead of the API data

Posted on December 24, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 98.58, as traders booked profits. However, refinery strikes in France and internal strife in producers Libya and South Sudan checked … Continue reading →

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Silver: White metal converging with its MA’s

Posted on December 24, 2013 by GCI Financial

Silver Movement Silver prices marginally rose to USD 19.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.38, 0.39% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading almost flat in the Asian session

Posted on December 24, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.55% against the USD in the 24 hour period ending 23:00GMT, at 1198.72 per ounce, as the yellow metal lost its safe haven allure as the investor risk appetite increased after upbeat US … Continue reading →

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