Monthly Archives: October 2014

USD/JPY: Japanese Yen trading higher this morning

Posted on October 22, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 107.03. In the Asian session, at GMT0300, the pair is trading at 106.87, with the USD trading 0.15% lower from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its losses ahead of the BoE’s minutes

Posted on October 22, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.6110, after the UK’s public sector net borrowing rose to £11.1 billion in September, following a revised public sector net borrowing … Continue reading →

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EUR/USD: Euro trading on a stronger footing this morning

Posted on October 22, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.63% against the USD and closed at 1.2712, reversing its previous session gains, as reports emerged that the ECB was planning to expand its asset purchase programme by … Continue reading →

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Trading Signals as per 21-October-2014

Posted on October 21, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9462 0.9382 USD/JPY BUY Active 105.88 106.68 USD/CAD BUY Active 1.1228 1.1298 AUD/USD BUY Active 0.8768 0.7972 NZD/USD SELL Active 0.8042 0.7972 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 inventory report from the API

Posted on October 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 82.75, after the Organization of the Petroleum Exporting Countries (OPEC) reported that it would maintain high output levels, despite increasing … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on October 21, 2014 by GCI Financial

Silver Movement Silver prices rose 0.78% to USD 17.41 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.37, with the silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 21, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1247.20 per ounce, amid a broad weakening in the greenback. Gold prices were further supported after the demand outlook of gold … Continue reading →

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AUD/USD: Interest rates to remain low, indicated the RBA

Posted on October 21, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.35% against the USD to close at 0.8787. LME Copper prices declined 0.02% or $1.0/MT to $6629.0/MT. Aluminium prices rose 3.02% or $56.5/MT to $1929.5/MT. In the Asian … Continue reading →

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

Posted on October 21, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CAD to close at 1.1289. On the macro front, Canada’s wholesale sales unexpectedly advanced 0.2% on a monthly basis in August, compared to … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss trade balance data

Posted on October 21, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9433. In the Asian session, at GMT0300, the pair is trading at 0.9425, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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USD/JPY: Japan’s economy continues to recover moderately, indicated the BoJ report

Posted on October 21, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 106.91. The Japanese currency gained ground after Japan’s leading economic index climbed to 104.4 in August, after registering a preliminary level … Continue reading →

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