Monthly Archives: August 2014

USD/CAD: Loonie trading lower this morning

Posted on August 5, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0908. In the Asian session, at GMT0300, the pair is trading at 1.0909, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc fell despite Swiss manufacturing PMI improving at a faster rate than anticipated

Posted on August 5, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9068. In economic news, the Swiss manufacturing activity rose to a 3-month high to 54.3, higher than market expectations from a … Continue reading →

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USD/JPY: Yen trading higher this morning after services activity in Japan expanded

Posted on August 5, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 102.56. In the Asian session, at GMT0300, the pair is trading at 1.3419, with the USD trading marginally lower from yesterday’s … Continue reading →

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GBP/USD: Pound continues its higher footing in the Asian Session

Posted on August 5, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.6861 following upbeat UK construction PMI data. The British construction sector activity expanded at a faster rate than expected to a … Continue reading →

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EUR/USD: Euro fell on Euro-zone deteriorating investor confidence.

Posted on August 5, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3421. The Sentix index of investor confidence fell sharply to 2.7 in August, the lowest level in 12 months, highlighting that … Continue reading →

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Trading Signals as per 4-August-2014

Posted on August 4, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3455 1.3410 EUR/CHF SELL Active 1.2187 1.2142 USD/CHF SELL Active 0.9102 0.9032 NZD/USD BUY Active 0.8468 0.8538 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 trading on a higher footing in the Asian session

Posted on August 4, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices marginally declined against the USD for the period ending 21:00GMT, closing at 97.74 as weak US jobs data raised concerns over the demand from the largest consumer of crude. In the Asian … Continue reading →

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Gold: Yellow metal trading lower in the Asian Session

Posted on August 4, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.85% against the USD in the period ending 21:00GMT, at 1294.80 per ounce after the US reported a downbeat non-farm payroll data, diminishing the confidence over the labour market strength. Meanwhile, … Continue reading →

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AUD/USD: Australian retail sales rebounds above expectations in June

Posted on August 4, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD marginally strengthened against the USD to close at 0.9307. Over the weekend, China’s official non-manufacturing PMI fell to a six-month low level of 54.2 in July from 55.0 in June. LME Copper prices declined … Continue reading →

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USD/CAD: Loonie trading tad higher in the Asian session

Posted on August 4, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0925. Canada reported a rise in its manufacturing PMI. The nation reported a reading of 54.3 in July, compared to a reading of 53.5 a month … Continue reading →

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USD/CHF: Swiss Franc reverses its gain in the Asian session

Posted on August 4, 2014 by GCI Financial

USDCHF Movement On Friday the USD declined 0.30% against the CHF and closed at 0.9061, amid thin trading on account of a national holiday in Switzerland. In the Asian session, at GMT0300, the pair is trading at 0.9064, with the … Continue reading →

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