Monthly Archives: September 2014

USD/CAD: Loonie trading lower this morning, ahead of building permits data

Posted on September 8, 2014 by GCI Financial

USDCAD Movement On Friday, the USD is trading flat against the CAD to close at 1.0882. In economic news, Canada’s unemployment rate in August remained unchanged from the previous month at 7.0%. However, the number of people employed in the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s CPI data

Posted on September 8, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.14% against the CHF and closed at 0.9314. The Swiss Franc gained ground, after the Swiss industrial production grew at a faster rate, increasing 3.1%, on a quarterly basis, in 2Q 2014, following … Continue reading →

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USD/JPY: Japanese annualized GDP contracted more than expected in 2Q 2014

Posted on September 8, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.28% against the JPY and closed at 105.09. Japan’s leading economic index advanced to 106.5 in July, compared to a reading of 105.9 in the prior month, while the coincident index edged up … Continue reading →

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GBP/USD: Pound reverses its gains in Asian session

Posted on September 8, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP traded marginally higher against the USD and closed at 1.6326, after the BoE’s latest survey raised its UK consumer inflation expectations for the next 12 months to 2.8%, from 2.6% recorded in May. In the … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on September 8, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.2951, after in Germany, Euro-zone’s biggest economy, the industrial production rose 1.9%, on a monthly basis, in July, marking its biggest rise since March 2012, higher than … Continue reading →

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Trading Signals as per 05-September-2014

Posted on September 5, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/CHF BUY Active 1.1989 1.2110 GBP/CHF SELL Active 1.5282 1.5142 EUR/JPY BUY Active 135.38 136.68 EUR/USD SELL Active 1.3032 1.2892 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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EUR/USD: Euro trading lower, ahead of the Euro-zone’s Q2 GDP

Posted on September 5, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.63% against the USD and closed at 1.2936, following the ECB’s unexpected decision to cut its benchmark interest rates and loosen monetary policy even further. The ECB lowered … Continue reading →

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Crude Oil: Crude oil trading below its MA’s

Posted on September 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 94.57, after the Energy Information Administration (EIA) reported that the US crude oil inventories dropped less than expected by 0.9 … Continue reading →

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Silver: White metal trading on a higher footing this morning

Posted on September 5, 2014 by GCI Financial

Silver Movement Silver prices declined 0.86% to USD 19.05 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.115, with the silver trading 0.37% higher … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on September 5, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.89% against the USD in the 24 hour period ending 23:00GMT, at 1258.70 per ounce, following positive economic data from the US, thereby diminishing yellow metal’s safe haven appeal. In the Asian session, … Continue reading →

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AUD/USD: Aussie continues its losses in the Asian session

Posted on September 5, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.9343 LME Copper prices rose 0.58% or $40.0/MT to $6967.0/MT. Aluminium prices rose 0.34% or $7.0/MT to $2085.0/MT. In … Continue reading →

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