Monthly Archives: January 2014

Gold: Precious metal pares gains in the Asian session

Posted on January 24, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 2.18% against the USD in the 24 hour period ending 23:00GMT, at 1264.10 per ounce, amid a broad weakness in the US Dollar led by lacklustre economic domestic data. Positive sentiment for the … Continue reading →

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

Posted on January 24, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.97% against the USD to close at 0.8758, hurt by a lacklustre manufacturing PMI data from China, its largest trading partner. LME Copper prices declined 0.6% or $42.0/MT to … Continue reading →

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USD/CAD: Loonie trading marginally lower, ahead of domestic consumer inflation report

Posted on January 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD to close at 1.1113. On the economic front, retails sales in Canada rose 0.6% (MoM) in November, surpassing analysts’ call for a rise of … Continue reading →

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USD/CHF: Swiss Government raises capital requirement for banks

Posted on January 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.53% against the CHF and closed at 0.8982, hurt by a dismal US employment and manufacturing data. Meanwhile, the Swiss Franc advanced against its US counterpart, after the … Continue reading →

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USD/JPY: Japan to take more than 2 years to achieve BoJ’s 2% inflation goal, says IMF’s Naoyuki Shinohara

Posted on January 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.21% against the JPY and closed at 103.39, after data revealed an increase in the US jobless claims for last week and after a report showed that activities … Continue reading →

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GBP/USD: BoE far from raising interest rates, hints MPC Paul Fisher

Posted on January 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.6632. However, the gains in the UK Pound were capped after the Bank of England (BoE) policy-maker, Paul Fisher, hinted that the … Continue reading →

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Trading Signals per 23-01-2014

Posted on January 23, 2014 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3642   Entry-Limit Buy 0,8191 Limit BUY 1,3602   Limit SELL 0,8231 … Continue reading →

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Crude Oil: Crude trading lower, ahead of EIA’s crude inventory report

Posted on January 23, 2014 by GCI Financial

Crude Oil prices advanced 1.50% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64. Yesterday, the American Petroleum Institute (API) reported a rise of 4.86 million barrels in the US crude inventories for the week ended … Continue reading →

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Silver: Chinese demand worries weighs on white metal

Posted on January 23, 2014 by GCI Financial

Silver prices fell 0.56% to USD19.80 per ounce during the 24 hours ending 23:00GMT, hurt by a decline in the offtake pace by industrial units. In the Asian session, at GMT0400, Silver is trading at 19.71, 0.42% lower from yesterday’s … Continue reading →

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Gold: Yellow metal extends its fall amid a weak Chinese manufacturing data

Posted on January 23, 2014 by GCI Financial

Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1237.12 per ounce, hurt by a stronger US Dollar. Separately, one of the leading broking houses slashed its price forecast on gold by … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.45% against the USD to close at 0.8844. LME Copper prices declined 0.1% or $5.0/MT to $7327.0/MT. Aluminium prices rose 0.3% or $4.5/MT to $1747.0/MT. In the Asian session, at GMT0400, … Continue reading →

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