Monthly Archives: January 2014

USD/CHF: Swiss Franc trading lower in the Asian trading hours

Posted on January 7, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9039, as a lacklustre US ISM non-manufacturing PMI report spooked investors confidence in the greenback. In the Asian session, at GMT0400, … Continue reading →

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USD/JPY: Yen pares its gains in the Asian session

Posted on January 7, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.66% against the JPY and closed at 104.22, after a report showed that growth in the US service sector unexpectedly slowed in the month of December. In the … Continue reading →

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GBP/USD: Growth in UK service sector slowed in December, indicates Markit PMI data

Posted on January 7, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6413. Gains in the UK Pound were capped after a report showed that UK’s Markit service PMI declined to a reading of … Continue reading →

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EUR/USD: Euro trading marginally lower ahead of Euro-zone’s consumer inflation and Germany’s unemployment data

Posted on January 7, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.25% against the USD and closed at 1.3630. The US Dollar gave up ground against the Euro after a report from the US showed that the ISM non-manufacturing PMI … Continue reading →

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Trading Signals per 06-01-2014

Posted on January 6, 2014 by GCI Financial

FOREX-Signals         EUR/USD LONG EUR/GBP LONG Entry-Limit Buy 1,3575 Entry-Limit Buy 0,8282 Limit SELL 1,3615 Limit SELL 0,8322 Stop SELL 1,3555 Stop SELL 0,8262 USD/JPY LONG EUR/CHF LONG Entry-Limit Buy 104,15 Entry-Limit Buy 1,2282 Limit SELL 104,55 … Continue reading →

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Crude Oil: EIA reported a more than expected fall in the US weekly crude supplies

Posted on January 6, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.32% against the USD for the period ending 21:00GMT, closing at 94.21. However, the losses were capped after the Energy Information Administration (EIA) reported a 7 million barrels drop in the … Continue reading →

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Silver: White metal snaps gains in the Asian trading hours

Posted on January 6, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.63% to USD20.15 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.14, 0.06% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its gains on upbeat demand-outlook

Posted on January 6, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.12% against the USD in the period ending 21:00GMT, at 1237.38 per ounce, amid reports of rising physical demand in Asia. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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AUD/USD: Australia’s service sector PMI falls in December

Posted on January 6, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.77% against the USD to close at 0.8976. LME Copper prices declined 1.0% or $17.0/MT to $1738.5/MT. Aluminium prices fell 1.4% or $104.0/MT to $7335.5/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian trading hours

Posted on January 6, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.49% against the CAD to close at 1.0618. In the Asian session, at GMT0400, the pair is trading at 1.0623, with the USD trading slightly higher from Friday’s close. The pair is expected … Continue reading →

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USD/CHF: Swiss leading indicator improves in December, while the SVME manufacturing PMI registers a fall

Posted on January 6, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.56% against the CHF and closed at 0.9043, after two of the top Fed officials highlighted the possibility for a further reduction in the size of the central bank’s stimulus package in the … Continue reading →

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