Monthly Archives: January 2014

Gold: Gold trading higher ahead of US Nonfarm payrolls data

Posted on January 10, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1228.03 per ounce, as investors shrugged off an official data indicating that the number of people who filed for unemployment benefits … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian trading hours

Posted on January 10, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.10% against the USD to close at 0.8898. LME Copper prices declined 1.2% or $86.0/MT to $7282.0/MT. Aluminium prices fell 1.4% or $23.5/MT to $1713.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading steady, with focus on Canada’s unemployment data

Posted on January 10, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.0846. The Canadian Dollar gave up ground against the US Dollar as the latest batch of dismal economic releases from Canada … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of key unemployment and consumer inflation data

Posted on January 10, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9071, after Kansas City Fed President, Esther George, hinted that possibility for the Fed to keep its benchmark inertest rate too … Continue reading →

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USD/JPY: Yen trading marginally lower in the Asian trading hours

Posted on January 10, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the JPY and closed at 104.85, ahead of the release of key US employment data, due tomorrow. In the Asian session, at GMT0400, the … Continue reading →

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GBP/USD: BoE refrains from altering its monetary policy at its two-day policy meeting

Posted on January 10, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.6478, after the UK National Statistics reported that trade deficit in the nation narrowed to £9.439 billion in November, from a deficit … Continue reading →

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EUR/USD: “Policy to remain accommodative for as long as necessary”, hints ECB Chief, Draghi

Posted on January 10, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.26% against the USD and closed at 1.3607, after the European Central Bank (ECB) left its benchmark interest rate unchanged at 0.25% and after a report showed that the … Continue reading →

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Trading Signals per 09-01-2014

Posted on January 9, 2014 by GCI Financial

FOREX-Signals EUR/USD LONG EUR/GBP LONG Entry-Limit Buy 1,3565 Entry-Limit Buy 0,8245 Limit SELL 1,3605 Limit SELL 0,8285 Stop SELL 1,3545 Stop SELL 0,8225 USD/JPY SHORT EUR/CHF SHORT Entry-Limit Sell 105,10 Entry-Limit Sell 1,2387 Limit BUY 104,70 Limit BUY 1,2352 Stop … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of the ECB monetary policy meeting

Posted on January 9, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.34% against the USD and closed at 1.3571, after official data indicated that unemployment in the region continued to remain unchanged at a record high for a seventh consecutive month. A … Continue reading →

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Crude Oil: EIA reported a less than expected fall in the US weekly crude oil inventory

Posted on January 9, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.45% against the USD for the 24 hour period ending 23:00GMT, closing at 92.61, after a report from the Energy Information Administration (EIA) showed that fuel stockpiles in the US rose more than … Continue reading →

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Silver: White metal snaps losses in the morning

Posted on January 9, 2014 by GCI Financial

Silver Movement Silver prices declined 1.65% to USD19.55 per ounce during the 24 hours ending 23:00GMT, amid a broad gain in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.64, 0.49% higher from yesterday’s close. … Continue reading →

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