Monthly Archives: July 2014

USD/CHF: Swiss France extends its decline this morning

Posted on July 23, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 0.9022. The Swiss Franc came under pressure after data showed that the trade surplus in Switzerland narrowed more than expected to … Continue reading →

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USD/JPY: Japan may witness end of deflation, BoJ’s Hiroshi Nakaso

Posted on July 23, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 101.47. Economic data from the Cabinet Office released yesterday indicated that Japan’s leading economic index declined to the lowest level since … Continue reading →

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GBP/USD: Pound trading tad higher ahead of the BoE minutes

Posted on July 23, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.7067. In economic news, official data revealed that public sector net borrowing surplus in the UK fell to £9.5 billion in … Continue reading →

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EUR/USD: US inflation numbers for June came in line-with-expectations

Posted on July 23, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.3466. The greenback gained ground following upbeat data from the US, suggesting that the Federal Reserve may hike its key interest … Continue reading →

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Trading Signals as per 22-July-2014

Posted on July 22, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.3471 1.3516 USD/JPY SELL Active 101.77 101.32 EUR/CHF BUY Active 1.2120 1.2156 GBP/USD SELL Active 137.42 136.62 AUD/USD BUY Active 0.9348 0.9418 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil prices trading lower this morning ahead of the API data

Posted on July 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 104.65, amid concerns that the continuing geopolitical tensions in Ukraine, Gaza and Iraq would have a negative impact on oil … Continue reading →

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Silver: Yellow metal converging with its MA’s

Posted on July 22, 2014 by GCI Financial

Silver Movement Silver prices rose 0.19% to USD 20.96 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.99, 0.17% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on July 22, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1312.30 per ounce after the US strengthened its allegations about Russia’s involvement in the downing of a Malaysian airliner on the … Continue reading →

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AUD/USD: Aussie reversed its losses this morning

Posted on July 22, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.31% against the USD to close at 0.9368. LME Copper prices declined 0.5% or $37.0/MT to $ 6989.5/MT. Aluminium prices rose 1.5% or $ 29.5/MT to $ 1988.0/MT. … Continue reading →

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USD/CAD: Loonie trading tad lower this morning

Posted on July 22, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0741. In the Asian session, at GMT0300, the pair is trading at 1.0743, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/CHF: SNB and PBoC enter in a currency-swap deal

Posted on July 22, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8980. Yesterday, the Swiss National Bank (SNB) and the People’s Bank of China (PBoC) reached a currency swap agreement, a move … Continue reading →

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