Daily Archives: February 4, 2014

Trading Signals per 04-02-2014

Posted on February 4, 2014 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3535   Entry-Limit Buy 0,8262 Limit BUY 1,3495   Limit SELL 0,8302 … Continue reading →

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Crude Oil: Crude trading below its MA’s

Posted on February 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 96.66, after a weak US manufacturing data dampened the demand-outlook of the commodity. However, fresh violence in Iraq and Syria … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on February 4, 2014 by GCI Financial

Silver Movement Silver prices rose 1.19% to USD19.36 per ounce during the 24 hours ending 23:00GMT, buoyed by a weaker US Dollar. Additionally, the Indian government’s decision to slash its tariff on the import of gold and silver further bolstered … Continue reading →

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Gold: Precious metal trading tad lower, following yesterday’s surge

Posted on February 4, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1257.60 per ounce, amid a broad decline in the US Dollar. Demand for the precious metal saw a further rise after … Continue reading →

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AUD/USD: RBA keeps its interest rate unchanged at 2.5%

Posted on February 4, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.07% against the USD to close at 0.8748. LME Copper prices rose 0.1% or $4.5/MT to $7095.5/MT. Aluminium prices declined 0.3% or $5.0/MT to $1658.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Canadian economy to grow 2.25% in 2014: IMF

Posted on February 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.1109, as traders reduced their positions in the greenback following the release of a disappointing manufacturing PMI data from the US. … Continue reading →

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USD/CHF: Swiss manufacturing PMI rose in January

Posted on February 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9014, following a dismal US manufacturing PMI data. Meanwhile, the Swiss Franc advanced against its US counterpart after a report revealed … Continue reading →

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USD/JPY: “Japan moving towards achieving its 2% inflation target”, indicates BoJ Governor

Posted on February 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.03% against the JPY and closed at 101.19, hurt by a more-than-expected drop in the US ISM manufacturing PMI data for January. In the Asian session, at GMT0400, … Continue reading →

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GBP/USD: Pound trading lower ahead of domestic construction PMI data

Posted on February 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.77% against the USD and closed at 1.6310, as traders refrained from taking major bets in the UK Pound after data showed that the Markit manufacturing PMI for the … Continue reading →

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EUR/USD: Fed focused on the “real economy” and not just the stock markets, says Fed’s Richard Fisher

Posted on February 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.26% against the USD and closed at 1.3523, after a report showed that the Euro-zone’s Markit manufacturing PMI advanced to a reading of 54.0 in January, more than analysts’ … Continue reading →

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