Monthly Archives: August 2014

USD/JPY: Japanese Yen trading higher this morning

Posted on August 18, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.09% against the JPY and closed at 102.39. In the Asian session, at GMT0300, the pair is trading at 102.28, with the USD trading 0.11% lower from Friday’s close. The pair is expected … Continue reading →

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GBP/USD: Pound trading higher, after the Q2 GDP came in line with market estimate

Posted on August 18, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally rose 0.18% against the USD and closed at 1.6716, as the British economy maintained its momentum in the second quarter of 2014, registering a 0.8% quarterly growth in the April-June quarter, mirroring a similar … Continue reading →

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EUR/USD: Euro continues with its gain in the Asian session

Posted on August 18, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.20% against the USD and closed at 1.3390. The greenback lost ground after the consumer sentiment in the US unexpectedly fell to 9-month low in August. The Michigan Consumer Sentiment Index in the US … Continue reading →

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Trading Signals as per 15-August-2014

Posted on August 15, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.3348 1.3418 USD/CHF BUY Active 0.9018 0.9088 AUD/USD BUY Active 0.9288 0.9358 USD/CAD BUY Active 1.0874 1.0919 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 below its MA’s

Posted on August 15, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.82% against the USD for the 24 hour period ending 23:00GMT, closing at 95.57, as data from the US as well as Europe raised oil demand concerns. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal reverses its gain in the Asian session

Posted on August 15, 2014 by GCI Financial

Silver Movement Silver prices rose 0.08% to USD 19.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.86, 0.08% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal continues with its losses in the Asian session

Posted on August 15, 2014 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1314.00 per ounce. However losses were capped after the US registered dismal labour market data as the US initial claims for the … Continue reading →

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AUD/USD: Aussie continues with its gain in the Asian session

Posted on August 15, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.9318. LME Copper prices declined 0.6% or $39.0/MT to $6886.5/MT. Aluminium prices declined 1.0% or $21.0/MT to $2005.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on August 15, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0906. On macro front, Canada’s new housing prices climbed for a consecutive seventh month, registering a 0.2% rise in June, on … Continue reading →

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

Posted on August 15, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9067. In economic news, Swiss producer and import prices fell 0.8% (Y-o-Y) in July, against a similar fall in the previous … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on August 15, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 102.48. Yesterday, global rating agency, Fitch Ratings indicated that the Japanese economy is “weathering” the recent sales tax hike, further cautioning … Continue reading →

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