Monthly Archives: August 2014

AUD/USD: Aussie trading lower this morning

Posted on August 6, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.32% against the USD to close at 0.9303. LME Copper prices declined 0.05% or $ 3.5/MT to $ 7100.5/MT. Aluminium prices rose 1.2% or $ 23.0/MT to $ … Continue reading →

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USD/CAD: Loonie continues with its fall in Asian session

Posted on August 6, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0962. In the Asian session, at GMT0300, the pair is trading at 1.0964, with the USD trading a tad higher from … Continue reading →

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USD/CHF: Franc trading higher, ahead of Swiss CPI

Posted on August 6, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9096, amid a broad strength in the greenback following upbeat data from the US. In economic news, the UBS real estate … Continue reading →

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USD/JPY: Yen trading on a higher footing, ahead of coincident and leading indices

Posted on August 6, 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 102.62 following better than expected economic data from the US. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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GBP/USD: UK services hit an 8-month high level in July

Posted on August 6, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.6880, following upbeat UK services PMI. The UK Markit services PMI jumped surprisingly to an 8-month high reading of 59.1 in … Continue reading →

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EUR/USD: Euro trading flat ahead of German factory order data

Posted on August 6, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.3369, as the service sector expanded at a rate lesser-than-initially estimated to 54.2 in July compared to a market estimate of … Continue reading →

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Trading Signals as per 5-August-2014

Posted on August 5, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.6892 1.6822 EUR/CHF SELL Active 1.2187 1.2142 AUD/USD SELL Active 0.9382 0.9312 NZD/USD SELL Active 0.8562 0.8492 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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Crude Oil: Oil continues with its upward streak in Asian Session

Posted on August 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 98.43, amid increased optimism of the US economy, the world’s largest consumer of crude and following continued geopolitical tensions in … Continue reading →

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Silver: White metal trading below its MA’s

Posted on August 5, 2014 by GCI Financial

Silver Movement Silver prices declined 0.79% to USD 20.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.22, 0.17% higher from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on August 5, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1289.10 per ounce on increased expectations that the Fed would start raising its interest rates sooner than expected. In the Asian … Continue reading →

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AUD/USD: AUD trading tad lower after RBA left its interest rates steady

Posted on August 5, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.28% against the USD to close at 0.9333 as the AiG performance of services index in Australia rose to a level of 49.3 in July. The index had … Continue reading →

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