Monthly Archives: July 2014

USD/CHF: Swiss reverses its gains in the Asian session

Posted on July 8, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.8933. The Swiss Franc gained ground after the unemployment rate in Switzerland dropped in line with market estimates to 2.9% in … Continue reading →

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USD/JPY: BoJ retains upbeat outlook on Japan’s nine regions

Posted on July 8, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.84. Yesterday, the BoJ, in its quarterly report, held on to its upbeat assessment on all the nine regions in Japan, … Continue reading →

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GBP/USD: BoE must not increase rates soon, BCC

Posted on July 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.7134. However, losses were kept in check, as the currency continued to enjoy support amid moutning expectations that the BoE would … Continue reading →

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EUR/USD: June measures are starting to show “significant effect”, ECB’s Nowotny

Posted on July 8, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.3607, after an index, measuring investor sentiment in the Euro-zone, surprisingly rose to a two-month high level of 10.1 in July, … Continue reading →

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Trading Signals per 7-July-2014

Posted on July 7, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3632 1.3562 USD/CHF SELL Active 0.8992 0.8922 AUD/USD BUY Active 0.9318 0.9388 EURJPY SELL Active 139.12 138.32 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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AUD/USD: Aussie converging with its MA’s

Posted on July 7, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.19% against the USD to close at 0.9365. LME Copper prices rose 0.5% or $38.0/MT to $ 7159.0/MT. Aluminium prices rose 0.2% or $ 3.0/MT to $ 1893.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading above its MA’s

Posted on July 7, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.16% against the CAD to close at 1.0657. In the Asian session, at GMT0300, the pair is trading at 1.0663, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

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USD/CHF: Swiss France extends its losses in the Asian session

Posted on July 7, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.13% against the CHF and closed at 0.8945. In the Asian session, at GMT0300, the pair is trading at 0.8955, with the USD trading 0.11% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on July 7, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.14% against the JPY and closed at 102.06. On the macro front, Japan’s official reserves remained unchanged at $1,283.9 billion at the end of June 2014, compared to the reserves recorded at the … Continue reading →

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GBP/USD: Britain would be fifth largest economy by 2020

Posted on July 7, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally rose against the USD and closed at 1.7155. Over the weekend, a private research revealed that the UK may overtake France to become the second largest economy in Europe and the fifth largest in … Continue reading →

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EUR/USD: Risk of deflation has been avoided, ECB’s Noyer

Posted on July 7, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.12% against the USD and closed at 1.3593. The US Dollar traded on a higher footing, amid increasing speculation that the minutes of the Fed’s latest monetary policy meeting to be released later during … Continue reading →

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