Monthly Archives: January 2014

Silver: White metal trading higher this morning

Posted on January 28, 2014 by GCI Financial

Silver Movement Silver prices declined 1.31% to USD19.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.76, 0.35% higher from yesterday’s close, tracking gains in gold prices. Silver is expected … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading tad higher in the Asian session

Posted on January 28, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.25% against the USD in the 24 hour period ending 23:00GMT, at 1255.83 per ounce, as investors cashed in gains ahead of the crucial Federal Reserve meeting this week. Meanwhile, increasing expectations that … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australian business conditions improve to a 3-year high in December

Posted on January 28, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 0.8731. LME Copper prices declined 0.1% or $5.0/MT to $7235.0/MT. Aluminium prices declined 0.9% or $15.5/MT to $1711.0/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading just above its MA’s

Posted on January 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.1116. The US Dollar continued its upward trend, despite data indicating that the sales of new US homes dropped more than … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading marginally higher in the Asian session

Posted on January 28, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.8964. In the Asian session, at GMT0400, the pair is trading at 0.8962, with the USD trading tad lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen reverses its losses this morning

Posted on January 28, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.55% against the JPY and closed at 102.67. The demand for the greenback continued to be underpinned as expectations for more stimulus cuts at the upcoming Federal Open … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s recovery could be “short term” if based on a housing boom, warned Vince Cable

Posted on January 28, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.50% against the USD and closed at 1.6574. Yesterday, Senior Liberal Democrat and Business Secretary, Vince Cable cautioned that rising house prices could end up becoming a threat for … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: ECB’s Jens Weidmann suggest to trust the ECB for upholding its mandate

Posted on January 28, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.3674. The US Dollar gained ground against the Euro amid speculation that the Fed, in its two-day policy meeting, would taper its … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals per 27-01-2014

Posted on January 27, 2014 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3695   Entry-Limit Buy 0,8225 Limit BUY 1,3655   Limit SELL 0,8265 … Continue reading →

Posted in Trading Signals | Leave a comment

Silver: White metal reverses its losses in the Asian session

Posted on January 27, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.76% to USD 19.89 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.91, 0.07% higher from yesterday’s close. Silver is expected to find support … Continue reading →

Posted in Silver | Comments Off

AUD/USD: Aussie has more room to depreciate, indicated RBA’s Heather Ridout

Posted on January 27, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.57% against the USD to close at 0.8708, after the Reserve Bank of Australia (RBA) Board Member, Heather Ridout stated that the Australian Dollar needs to fall even further to protect the economy … Continue reading →

Posted in AUD/USD | Comments Off