Daily Archives: January 16, 2014

Trading Signals per 16-01-2014

Posted on January 16, 2014 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3585   Entry-Limit Buy 0,8313 Limit SELL 1,3625   Limit SELL 0,8353 … Continue reading →

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Crude Oil: EIA reports a seventh consecutive weekly decline in US crude inventories

Posted on January 16, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.90% against the USD for the 24 hour period ending 23:00GMT, closing at 94.37, after the Energy Information Administration (EIA) reported a decline in US crude inventories, for the seventh consecutive week. The … Continue reading →

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Silver: White metal showing convergence with both its MA’s

Posted on January 16, 2014 by GCI Financial

Silver Movement Silver prices declined 0.10% to the USD 20.23 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. Silver prices retreated, after upbeat economic data from the US and the optimism surrounding the outlook for … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on January 16, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1242.42 per ounce, hurt by a strong dollar. The US Dollar was buoyed by a better-than-expected US manufacturing report, which indicated … Continue reading →

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AUD/USD: Australian economy lost 22,600 jobs in December

Posted on January 16, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.61% against the USD to close at 0.8905. LME Copper prices declined 0.5% or $34.0/MT to $7309.0/MT. Aluminium prices fell 0.6% or $10.0/MT to $1715.0/MT. In the Asian session, … Continue reading →

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

Posted on January 16, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0949. In economic news, existing home sales in Canada declined 1.8% (MoM) in December, compared to a 0.1% drop registered in … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of SNB Chairman’s speech

Posted on January 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the CHF and closed at 0.9092, following a broad strength in the dollar following comments by the Chicago Fed President, Charles Evans, and after the Fed … Continue reading →

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USD/JPY: Yen trading lower in the morning session

Posted on January 16, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 104.60, after the Chicago Fed President, Charles Evans suggested better growth prospects for the nation. Positive sentiment for the greenback was … Continue reading →

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GBP/USD: “Interest rate hike self-defeating”, says BoE Governor, Mark Carney

Posted on January 16, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.44% against the USD and closed at 1.6361, after the Bank of England (BoE) Governor, Mark Carney, played down speculations of an interest-rate hike, by stating that a rate … Continue reading →

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EUR/USD: Euro trading higher ahead of Euro-zone’s consumer inflation report

Posted on January 16, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.49% against the USD and closed at 1.3600. The US Dollar gained ground against the Euro after the Fed, in its Beige Book, expressed positive outlook for economic growth … Continue reading →

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