Monthly Archives: February 2014

USD/JPY: BoJ should wait till summer data before deciding to increase stimulus, suggests Koichi Hamada

Posted on February 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 102.51. Yesterday, in Japan, Koichi Hamada, a key aide to Prime Minister, Shinzo Abe, suggested the Bank of Japan (BoJ) to … Continue reading →

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GBP/USD: “BoE would not take risk with UK recovery”, assures BoE Governor, Mark Carney

Posted on February 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6656, after the Bank of England (BoE) Governor, Mark Carney hinted towards a new phase of forward guidance to “ensure sustainable growth … Continue reading →

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EUR/USD: ECB to consider negative interest rate at its upcoming meeting in March, hints ECB’s Ignazio Visco

Posted on February 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3735, after the European Central Bank (ECB) Governing Council member, Ignazio Visco suggested the possibility that policymakers could discuss introducing negative deposit … Continue reading →

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Trading Signals per 24-02-2014

Posted on February 24, 2014 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3725   Entry-Limit Sell 0,8282 Limit SELL 1,3765   Limit BUY 0,8242 … Continue reading →

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Crude Oil: Crude reverses its direction in the Asian trading hours

Posted on February 24, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.54% against the USD for the period ending 21:00GMT, closing at 102.25, as traders continued to digest a rise in the weekly EIA crude supply data for the week ended 14 … Continue reading →

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Silver: White metal trading below its MA’s

Posted on February 24, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.19% to USD 21.84 per ounce during the period ending 21:00GMT, mirroring gains in the prices of industrial metals and gold. In the Asian session, at GMT0400, Silver is trading at 21.59, 1.11% … Continue reading →

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Gold: Yellow metal trading lower in the morning, following Friday’s gain

Posted on February 24, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.13% against the USD in the period ending 21:00GMT, at 1323.95 per ounce, as a lacklustre housing data from the US and violence in Ukraine bolstered the safe-haven appeal of the … Continue reading →

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AUD/USD: Aussie trading flat in the morning session

Posted on February 24, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.47% against the USD to close at 0.8967. LME Copper prices rose 0.4% or $26.5/MT to $7211.5/MT. Aluminium prices advanced 1.0% or $16.5/MT to $1734.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Canada to outperform its 2% growth target, projects Finance Minister, Jim Flaherty

Posted on February 24, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.1122. The Canadian Dollar lost ground against its US counterpart after data showed that retail sales in Canada declined 1.8% (MoM) in December, more than analysts’ … Continue reading →

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USD/CHF: Swiss Franc cap still “appropriate and important”, says SNB’s Zurbruegg

Posted on February 24, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.19% against the CHF and closed at 0.8877. In Switzerland, a member of the Swiss National Bank (SNB) Governing Board, Fritz Zurbruegg, opined that the central bank still needs to maintain its 1.20 … Continue reading →

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USD/JPY: Japan reached only half-way on its path to 2% inflation target, says BoJ Governor, Kuroda

Posted on February 24, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.31% against the JPY and closed at 102.64, benefited from the comments of the St. Louis Fed Chief, James Bullard, that the Fed would continue tapering its massive accommodative stimulus measure as the … Continue reading →

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