Monthly Archives: December 2014

USD/CAD: Canada’s GDP exceeded forecasts

Posted on December 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.1625. The CAD gained ground after Canada’s GDP unexpectedly expanded more than anticipated. The Canadian economy grew 0.3% on a MoM … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the Swiss KOF leading indicator data

Posted on December 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9880, on the back of stronger than expected US 3Q GDP data. In the Asian session, at GMT0400, the pair is … Continue reading →

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USD/JPY: Japanese Yen trading higher ahead of the BoJ minutes

Posted on December 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 120.76, following encouraging 3Q GDP and consumer sentiment data in the US. In the Asian session, at GMT0400, the pair is … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on December 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.42% against the USD and closed at 1.5517, following downbeat economic releases from the UK. The Pound came under pressure after Britain’s GDP rose less than expected 2.6% … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on December 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.2171. The greenback traded on a stronger footing after the US 3Q GDP registered its strongest expansion in 11 years, thus … Continue reading →

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Trading Signals as per 23-December-2014

Posted on December 23, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2282 1.2202 USD/CHF BUY Active 0.9798 0.9868 GBP/USD BUY Active 1.5518 1.5628 NZD/USD SELL Active 0.7782 0.7712 EUR/JPY BUY Active 146.28 147.28 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 API’s weekly crude oil data

Posted on December 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 55.54, after Saudi Arabia’s Oil Minister, Ali al-Naimi stated that the OPEC would not slash its production output even if … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on December 23, 2014 by GCI Financial

Silver Movement Silver prices declined 2.46% to USD 15.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.68, with the silver trading a tad lower from yesterday’s close. The … Continue reading →

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Gold: Yellow metal trading stronger this morning

Posted on December 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.50% against the USD in the 24 hour period ending 23:00GMT, at 1176.50 per ounce, amid a strong rally in global equity markets. Yesterday, the SPDR Gold Trust revealed that its gold holdings … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on December 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.8121. LME Copper prices rose 1.20% or $76.0/MT to $6426.5/MT. Aluminium prices declined 0.56% or $10.5/MT to $1878.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s GDP data

Posted on December 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.1639. In the Asian session, at GMT0400, the pair is trading at 1.1618, with the USD trading 0.18% lower from yesterday’s … Continue reading →

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