Monthly Archives: October 2014

GBP/USD: Pound extends its gains in the Asian session

Posted on October 21, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.6158. Yesterday, a private survey in the UK revealed that an interest rate hike move by the BoE was very unlikely … Continue reading →

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EUR/USD: ECB commences purchasing covered bonds

Posted on October 21, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.6158. In economic news, producer prices in Germany stagnated on a monthly basis in September, following a decline of 0.1% recorded … Continue reading →

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Trading Signals as per 20-October-2014

Posted on October 20, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit NZD/USD BUY Active 0.7898 0.7968 USD/CHF SELL Active 0.9502 0.9432 EUR/CHF BUY Active 1.2030 1.2123 EUR/USD SELL Active 1.2890 1.2700 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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Crude Oil: Oil trading higher this morning

Posted on October 20, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.20% against the USD for the period ending 21:00GMT, closing at 82.93. However, losses were capped after the US reported upbeat housing starts data and after consumer sentiment rose more than … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 20, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.60% to USD 17.28 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.32, with the silver trading 0.23% … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on October 20, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.06% against the USD in the period ending 21:00GMT, at 1238.20 per ounce, as the greenback gained ground following the release of better than expected economic data from the US. In … Continue reading →

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AUD/USD: Inflation to remain between 2-3%, said the RBA Assistant Governor

Posted on October 20, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD traded flat against the USD to close at 0.8763. 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 session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s CPI in line with the BoC’s expectations

Posted on October 20, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.18% against the CAD to close at 1.1277, following encouraging economic data from the US. On the macro front, the consumer price index in Canada advanced 0.1% on a monthly basis in September, … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on October 20, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.40% against the CHF and closed at 0.9462. In the Asian session, at GMT0300, the pair is trading at 0.9469, with the USD trading 0.07% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of Japan’s leading economic index data

Posted on October 20, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.44% against the JPY and closed at 106.90. In the Asian session, at GMT0300, the pair is trading at 107.14, with the USD trading 0.22% higher from Friday’s close. Early this morning, the … Continue reading →

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GBP/USD: Pound trading higher this morning

Posted on October 20, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined 0.08% against the USD and closed at 1.6089. The BoE’s policymaker, Andrew Haldane remained pessimist about the UK economy and opined that given the current economic outlook of the nation, the central bank … Continue reading →

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