Monthly Archives: January 2014

USD/CAD: Canada’s merchandised trade deficit unexpectedly widened in November

Posted on January 8, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the CAD to close at 1.0775. The Canadian Dollar gave up ground against its US counterpart, after Statistics Canada reported that Canada’s merchandised trade deficit unexpectedly … Continue reading →

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USD/CHF: Swiss currency reserves dips slightly in December

Posted on January 8, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9094, amid a broad strength in the greenback. On the economic front, the Swiss National Bank (SNB) reported that the foreign … Continue reading →

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USD/JPY: Yen extends its fall in the morning session

Posted on January 8, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 104.72, after President of San Francisco Fed, John Williams indicated support to tapering the US Fed’s stimulus programme. In the Asian … Continue reading →

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GBP/USD: Pound snaps its losses in the Asian session

Posted on January 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6400. The US Dollar gained ground against the UK Pound after the President of San Francisco Fed, John Williams, opined that the … Continue reading →

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EUR/USD: Consumer inflation in the Euro-zone unexpectedly declines in December

Posted on January 8, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.10% against the USD and closed at 1.3616, following lower than expected consumer inflation in the Euro-zone. The US Dollar advanced against the Euro amid mixed signals from key … Continue reading →

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Trading Signals per 07-01-2014

Posted on January 7, 2014 by GCI Financial

FOREX-Signals         EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3646 Entry-Limit Sell 0,8338 Limit BUY 1,3606 Limit BUY 0,8298 Stop BUY 1,3666 Stop BUY 0,8358 USD/JPY SHORT EUR/CHF SHORT Entry-Limit Sell 104,94 Entry-Limit Sell 1,2345 Limit BUY 104,54 … Continue reading →

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Crude Oil: Trading flat this morning

Posted on January 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.55% against the USD for the 24 hour period ending 23:00GMT, closing at 93.60, for the fifth-straight trading session, amid easing supply-concerns from the Middle East region. However, a weakness in the US … Continue reading →

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Silver: Silver converging with its MA’s

Posted on January 7, 2014 by GCI Financial

Silver Movement Silver prices rose 0.09% to USD20.20 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.21, marginally higher from yesterday’s close. … Continue reading →

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Gold: Precious metal extends its gains in the morning session

Posted on January 7, 2014 by GCI Financial

Gold Movement Gold prices rose marginally against the USD in the 24 hour period ending 23:00GMT, at $1238.39 per ounce, on prospects of upbeat physical demand from Asia. In the Asian session, at GMT0400, Gold is trading at 1240.97, 0.21% … Continue reading →

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AUD/USD: Australia’s trade deficit narrows more than market expectations for November

Posted on January 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.8968. LME Copper prices eased 0.3% or $22.0/MT to $7313.5/MT. Aluminium prices fell 1.2% or $21.0/MT to $1717.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie may depreciate further, hints Finance Minister, Jim Flaherty

Posted on January 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.0662. The Canadian Dollar gave up ground against the US Dollar after Canada’s Finance Minister, Jim Flaherty, stated that recent weakness … Continue reading →

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