Monthly Archives: September 2014

USD/CAD: Loonie trading lower, after the BoC kept its interest rates on hold at 1.0%

Posted on September 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0888. In economic news, the BoC left its benchmark rates unchanged in August, at 1%, in line with market expectations. Additionally, … Continue reading →

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

Posted on September 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9176. In the Asian session, at GMT0300, the pair is trading at 0.9178, with the USD trading tad higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE’s interest rate decision

Posted on September 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded tad lower against the USD and closed at 1.6463. In economic news, the service sector activity in the UK expanded at the fastest pace in 10 months in … Continue reading →

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Trading Signals as per 03-September-2014

Posted on September 3, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 105.42 104.72 AUD/USD BUY Active 0.9278 0.9348 EUR/JPY BUY Active 137.68 138.48 NZD/USD SELL Active 0.8362 0.8292 GBP/CHF BUY Active 1.5088 1.5188 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 higher, ahead of the weekly crude-oil supply data from the API

Posted on September 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.79% against the USD for the 24 hour period ending 23:00GMT, closing at 93.16, following concerns that global supply is outstripping demand. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Silver: White metal trading lower this morning

Posted on September 3, 2014 by GCI Financial

Silver Movement Silver prices declined 1.41% to USD 19.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.24, with the silver trading 0.1% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on September 3, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.58% against the USD in the 24 hour period ending 23:00GMT, at 1267.10 per ounce, following upbeat economic data from the US raised speculations that the Fed might increase its interest rates sooner … Continue reading →

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AUD/USD: Australian economy grew more than expected in 2Q 2014

Posted on September 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.59% against the USD to close at 0.9279. LME Copper prices declined 0.01% or $1.0/MT to $6965.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $2083.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of the BoC’s interest rate decision

Posted on September 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD to close at 1.0928. On the macro front, Canada’s manufacturing sector gained momentum after the nation’s manufacturing PMI climbed to a level of 54.8 … Continue reading →

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USD/CHF: Swiss GDP remained flat in 2Q 2014

Posted on September 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded tad lower against the CHF and closed at 0.9191. In economic news, the Switzerland’s economy stagnated on a quarterly basis in 2Q 2014, following an expansion of 0.5% … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session, after Japan’s services sector contracted in August

Posted on September 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.77% against the JPY and closed at 105.12. In the Asian session, at GMT0300, the pair is trading at 105.19, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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