Monthly Archives: August 2014

GBP/USD: Pound trading flat, ahead of the UK’s Q2 GDP data

Posted on August 15, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.6686. In the Asian session, at GMT0300, the pair is trading at 1.6686, with the GBP trading flat from yesterday’s close. … Continue reading →

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EUR/USD: Euro trading lower, after the Eurozone’s economic growth for the second quarter faltered

Posted on August 15, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3363, following disappointing economic data from the Eurozone, with both Germany and France reporting worse than expected GDP growth. The German … Continue reading →

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Trading Signals as per 14-August-2014

Posted on August 14, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/CHF BUY Active 1.2114 1.2159 NZD/USD BUY Active 0.8458 0.8528 GBP/USD SELL Active 1.6742 1.6632 USD/JPY SELL Active 102.82 102.12 USD/CAD BUY Active 1.0874 1.0919 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil trading lower this morning in the Asian session

Posted on August 14, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.10% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34. However, a bearish US weekly inventory report, tepid retail sales numbers and fading Ukrainian kept the gains in check. … Continue reading →

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Silver: White metal trading on a lower footing this morning

Posted on August 14, 2014 by GCI Financial

Silver Movement Silver prices declined 0.43% to USD 19.86 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.85, marginally lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal reverses its gain in the Asian session

Posted on August 14, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1314.10 per ounce, as the dollar denominated commodity gained ground after the greenback fell on downbeat US retail sales data. In … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on August 14, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.40% against the USD to close at 0.9305. In economic news, Retail sales in China, Australia’s biggest trading partner, advanced 12.2% in July, on an annual basis, lesser … Continue reading →

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USD/CAD: Loonie reverses its gain in the Asian session

Posted on August 14, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0913, following poor retail sales data from the US. In economic news, the Teranet/National Bank house price index registered a rise … Continue reading →

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USD/CHF: Swiss Franc trading on a lower footing this morning

Posted on August 14, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9074. In economic news, the economic sentiment in Switzerland increased more than expected in August, a month after hitting an 18-month … Continue reading →

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USD/JPY: Japanese Yen trading on a lower footing this morning

Posted on August 14, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 102.44. In the Asian session, at GMT0300, the pair is trading at 102.59, with the USD trading 0.14% higher from yesterday’s … Continue reading →

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GBP/USD: Interest rate hike would be “limited and gradual”, says Carney

Posted on August 14, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP weakened 0.72% against the USD and closed at 1.6689, after the Bank of England (BoE) Governor, Mark Carney, in its August inflation report, he won’t rush to raise interest … Continue reading →

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