Monthly Archives: January 2014

USD/CAD: Canadian inflation hits five-month high, however short of market expectations

Posted on January 27, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.39% against the CAD to close at 1.1070. The Canadian Dollar rose after the data revealed that the Canadian inflation gained traction in December. The Statistics Canada indicated that the consumer price index … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session

Posted on January 27, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.42% against the USD for the period ending 21:00GMT, closing at 96.93, as persistent concerns over the economic outlook in emerging markets dampened the appeal of the commodity. Meanwhile, prices received … Continue reading →

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Gold: Yellow metal is trading above its MA’s

Posted on January 27, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1267.42 per ounce. In the Asian session, at GMT0400, Gold is trading at 1271.87, 0.35% higher from yesterday’s close. Gold is … Continue reading →

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USD/CHF: Swiss Franc trading flat in the Asian session

Posted on January 27, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.37% against the CHF and closed at 0.8949. In the Asian session, at GMT0400, the pair is trading at 0.8949, with the USD trading flat from yesterday’s close. The pair is expected to … Continue reading →

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USD/JPY: No need for more stimulus, BoJ minutes

Posted on January 27, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.93% against the JPY and closed at 102.43. In the Asian session, at GMT0400, the pair is trading at 102.40, with the USD trading marginally lower from yesterday’s close. Today morning, the Bank … Continue reading →

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GBP/USD: Fall in unemployment would not lead to rise in interest rates, indicated BoE’s Mark Carney

Posted on January 27, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.80% against the USD and closed at 1.6499, after the Bank of England (BoE) Governor, Mark Carney indicated that despite the UK unemployment rate nearing the BoE’s 7% target, the central bank is in … Continue reading →

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EUR/USD: Euro-zone recovery fragile: ECB Chief, Mario Draghi

Posted on January 27, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.08% against the USD and closed at 1.3678. The European Central Bank (ECB), President, Mario Draghi, at the World Economic Forum annual meet in Davos, indicated that the recovery of the Euro-zone is still … Continue reading →

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Trading Signals per 24-01-2014

Posted on January 24, 2014 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3696   Entry-Limit Sell 0,8240 Limit BUY 1,3656   Limit BUY 0,8200 … Continue reading →

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EUR/USD: Euro marginally lower this morning, after it rose yesterday on upbeat Euro-zone economic data

Posted on January 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.06% against the USD and closed at 1.3688, buoyed by the latest batch of upbeat economic releases from the Euro-zone economy. In economic releases, Markit manufacturing PMI for the … Continue reading →

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

Posted on January 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34. Yesterday, the Energy Information Administration (EIA) reported a 3.21 million barrels drop in the US distillate-fuel inventories, including heating … Continue reading →

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Silver: White metal trading marginally lower this morning, following yesterday’s rise

Posted on January 24, 2014 by GCI Financial

Silver Movement Silver prices rose 1.26% to USD20.05 per ounce during the 24 hours ending 23:00GMT, amid a broadly weak US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.04, marginally lower from yesterday’s close. Silver is … Continue reading →

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