Monthly Archives: February 2014

Silver: White metal extends its winning streak in the morning session

Posted on February 14, 2014 by GCI Financial

Silver Movement Silver prices rose 1.14% to USD 20.47 per ounce during the 24 hours ending 23:00GMT, as the greenback weakened. In the Asian session, at GMT0400, Silver is trading at 20.75, 1.35% higher from yesterday’s close. Silver is expected … Continue reading →

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AUD/USD: Weaker Aussie to aid Australia’s economic recovery, says RBA’s Christopher Kent

Posted on February 14, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.43% against the USD to close at 0.8982, after data showed that unemployment rate in Australia unexpectedly recorded the worst level in more than a decade. LME Copper prices … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on February 14, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the CHF and closed at 0.8936 On the economic front, data showed that the Swiss producer and import prices fell 0.3% on an annual basis in … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on February 14, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0979, following dismal US retail sales and initial jobless claims data. In Canada, the new housing price index rose 0.1% on … Continue reading →

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USD/JPY: Yen extends its gains in the Asian session

Posted on February 14, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 102.18, as the latest batch of lacklustre US retail and initial jobless claims data casted doubts on the continuation of the … Continue reading →

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GBP/USD: Bets for a hike in interest rate next year are reasonable, says BoE’s Spencer Dale

Posted on February 14, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.6656, benefiting from comments of Bank of England (BoE) Chief Economist, Spencer Dale, who opined that, given the current economic outlook, … Continue reading →

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EUR/USD: Interest rate to remain at present or lower level for an extended period of time, hints ECB

Posted on February 14, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.66% against the USD and closed at 1.3676. The US Dollar came under pressure as the US retail sales missed expectations and declined 0.4% (MoM) in January and after … Continue reading →

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Trading Signals per 13-02-2014

Posted on February 13, 2014 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3685   Entry-Limit Buy 0,8186 Limit BUY 1,3645   Limit SELL 0,8226 … Continue reading →

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Crude Oil: EIA reported a more than expected rise in the US crude inventories last week

Posted on February 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 100.23, after the Energy Information Administration (EIA) reported a more-than-expected rise in the US crude supplies by 3.3 million barrels, … Continue reading →

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Silver: White metal pares gains in the Asian session

Posted on February 13, 2014 by GCI Financial

Silver Movement Silver prices rose 0.15% to USD 20.24 per ounce during the 24 hours ending 23:00GMT, taking cues from gains in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 20.22, 0.10% lower … Continue reading →

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Gold: Precious metal trading lower in the Asian trading hours

Posted on February 13, 2014 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1290.79 per ounce. However, the gains in the yellow metal were capped after the US Dollar strengthened following a hawkish tone from … Continue reading →

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