Monthly Archives: January 2014

USD/CAD: BoC maintains its benchmark interest rate at 1.0%

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 1.20% against the CAD to close at 1.1104. The Canadian Dollar declined against its US counterpart, the most in four years, after the Bank of Canada (BoC) kept its benchmark … Continue reading →

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USD/CHF: Swiss Franc pares losses in the Asian trading session

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9123. The Swiss France gave up ground against the US Dollar after a report showed that the ZEW survey – expectations in the … Continue reading →

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USD/JPY: BoJ Governor, Kuroda dismisses the need for additional easing measure

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 104.66. In Japan, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, dismissed the need for an additional monetary easing measure, as according to … Continue reading →

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GBP/USD: ILO unemployment rate in the UK fell more than market expectations to 7.1%

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.6562, after the National Statistics reported that the ILO unemployment rate in the UK declined to 7.1% in the three months to November, more … Continue reading →

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EUR/USD: ECB has “very many” instruments to ensure price stability, hints Mario Draghi

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.3545, amid a lack of major economic release in the Euro-zone. Adding to the Euro’s fall were comments from Benoit Coeure, Executive Board member … Continue reading →

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Trading Signals per 22-01-2014

Posted on January 22, 2014 by GCI Financial

FOREX-Signals EUR/USD LONG EUR/GBP LONG Entry-Limit Buy 1,3520 Entry-Limit Buy 0,8181 Limit SELL 1,3560 Limit SELL 0,8221 Stop SELL 1,3500 Stop SELL 0,8161 USD/JPY LONG EUR/CHF SHORT Entry-Limit Buy 104,04 Entry-Limit Sell 1,2363 Limit SELL 104,44 Limit BUY 1,2328 Stop … Continue reading →

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Crude Oil: IEA projects global oil demand to rise by 1.3 million barrels in 2014

Posted on January 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.56% against the USD for the 24 hour period ending 23:00GMT, closing at 95.21, after the International Energy Agency (IEA), in its monthly report, projected global oil demand to grow by 1.3 million … Continue reading →

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Silver: White metal reverses its direction in the Asian session

Posted on January 22, 2014 by GCI Financial

Silver Movement Silver prices declined 2.06% to USD19.91 per ounce during the 24 hours ending 23:00GMT, hurt by gains in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.93, 0.14% higher from yesterday’s close. Silver … Continue reading →

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Gold: Precious metal regains some lost ground in the morning session

Posted on January 22, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1242.35 per ounce, amid a stronger US Dollar. The safe-haven appeal of the yellow metal saw a further downturn after the … Continue reading →

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AUD/USD: Consumer inflation in Australia surpassed market expectations for the fourth quarter

Posted on January 22, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.8802. LME Copper prices declined 0.1% or $8.0/MT to $7332.0/MT. Aluminium prices fell 1.4% or $25.0/MT to $1742.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading marginally higher ahead of BoC interest rate decision

Posted on January 22, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0971. In economic news, the Statistics Canada reported that the nation’s manufacturing shipments rose 1.0% (MoM) in November, more than market … Continue reading →

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