Monthly Archives: October 2014

Gold: Yellow metal trading on a stronger footing this morning

Posted on October 28, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1226.20 per ounce, ahead of the Fed’s monetary policy decision meeting which begins today, with speculations rising that the Fed would … Continue reading →

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

Posted on October 28, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.09% against the USD to close at 0.8796. LME Copper prices rose 0.61% or $ 41.0/MT to $ 6800.5/MT. Aluminium prices rose 0.67% or $ 13.0/MT to $ … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on October 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.1253. In the Asian session, at GMT0400, the pair is trading at 1.1243, with the USD trading 0.09% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Swiss UBS consumption indicator data

Posted on October 28, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9497, following soft economic data from the US. In the Asian session, at GMT0400, the pair is trading at 0.949, with … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on October 28, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 107.83. In the Asian session, at GMT0400, the pair is trading at 107.8, with the USD trading a tad lower from … Continue reading →

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GBP/USD: Pound extends its gains this morning

Posted on October 28, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.6115, after the CBI reported that the UK retail sales held steady at 31.0 in October, higher than market expectations for … Continue reading →

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EUR/USD: Purchased €1.7 billion worth covered bonds last week, said the ECB

Posted on October 28, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.2696. Yesterday, the ECB reported that it purchased €1.7 billion worth of covered bonds last week, in its effort to revive … Continue reading →

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Trading Signals as per 27-October-2014

Posted on October 27, 2014 by GCI Financial

  Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9552 0.9482 USD/JPY BUY Active 107.48 108.18 AUD/USD SELL Active 0.8842 0.8772 EUR/JPY BUY Active 136.58 137.38 GBP/CHF BUY Active 1.5248 1.5328 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on October 27, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.76% against the USD for the period ending 21:00GMT, closing at 81.23, after a leading broker slashed its price projections for crude, stating that supply growth from non-OPEC producers would outpace … Continue reading →

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Silver: White metal extends its losses this morning

Posted on October 27, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.09% to USD 17.18 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.15, with the silver trading 0.15% … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 27, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.15% against the USD in the period ending 21:00GMT, at 1230.40 per ounce, as upbeat economic data from the US lowered demand for the precious yellow metal. Meanwhile, growing speculations that … Continue reading →

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