Monthly Archives: February 2014

AUD/USD: Unemployment in Australia rose more than analysts’ expectations in January

Posted on February 13, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD marginally strengthened against the USD to close at 0.9023. LME Copper prices rose 0.8% or $54.5/MT to $7174.5/MT. Aluminium prices advanced 0.9% or $15.0/MT to $1686.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Canadian Finance Minster hints stimulus should deflation risks materialise

Posted on February 13, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0997. Yesterday, Canadian Finance Minister, Jim Flaherty, hinted that the government would mull the prospect of adding some stimulus to the … Continue reading →

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USD/CHF: Swiss annual consumer inflation rate stood pat in January

Posted on February 13, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9008, following hawkish comments from the St. Louis Fed President, James Bullard, who indicated that the Fed would persist with its … Continue reading →

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USD/JPY: Yen trading higher in the morning session

Posted on February 13, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 102.47. In economic news, machine tools orders in Japan rose 39.6% (YoY) in January, compared to a 28.1% increase registered in … Continue reading →

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GBP/USD: BoE upgraded its growth-forecast on the UK economy for 2014 and 2015

Posted on February 13, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.98% against the USD and closed at 1.6609, after the Bank of England (BoE), in its quarterly inflation report, raised its growth-forecast on Britain’s economy and hinted that the … Continue reading →

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EUR/USD: “ECB considering negative rate very seriously”, hints ECB’s Benoit Coeure

Posted on February 13, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.35% against the USD and closed at 1.3588, after the ECB Executive Board member, Benoit Coeure, hinted that the central bank was “very seriously” considering a negative deposit rate … Continue reading →

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Trading Signals per 12-02-2014

Posted on February 12, 2014 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3626   Entry-Limit Buy 0,8252 Limit SELL 1,3666   Limit SELL 0,8292 … Continue reading →

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Crude Oil: EIA lowered its crude production projection for 2014 and 2015

Posted on February 12, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 100.40, after the Energy Information Administration (EIA) slashed its 2014 crude oil production forecast by 100,000 barrels per day to … Continue reading →

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Silver: White metal trading lower, following yesterday’s gain

Posted on February 12, 2014 by GCI Financial

Silver Movement Silver prices rose 0.64% to USD 20.21 per ounce during the 24 hours ending 23:00GMT, taking cues from gains in gold prices. In the Asian session, at GMT0400, Silver is trading at 20.13, 0.43% lower from yesterday’s close. … Continue reading →

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Gold: Precious metal reverses its direction in the Asian trading hours

Posted on February 12, 2014 by GCI Financial

Gold Movement Gold prices finished 1.27% higher against the USD in the 24 hour period ending 23:00GMT, at 1290.49 per ounce, as traders favoured the safe-haven metal following downbeat comments about the recovery in the US labour market from the … Continue reading →

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AUD/USD: Aussie extends gains in the Asian session

Posted on February 12, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.80% against the USD to close at 0.9019. LME Copper prices declined 1.0% or $70.5/MT to $7120.0/MT. Aluminium prices edged down 0.1% or $1.0/MT to $1671.0/MT. In the … Continue reading →

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