Monthly Archives: February 2015

Silver: White metal trading on a stronger footing in the Asian session

Posted on February 10, 2015 by GCI Financial

Silver Movement Silver prices rose 1.49% to USD 16.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.035, with the silver trading 0.29% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on February 10, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1238.80 per ounce, as growing uncertainty over Greek exit from the Euro-zone raised the safe-haven demand for the precious metal. Meanwhile, … Continue reading →

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AUD/USD: The NAB expects three rate cuts from the RBA this year

Posted on February 10, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7798, rebounding from its previous session losses. LME Copper prices declined 0.46% or $26.0/MT to $5666.0/MT. Aluminium prices declined 0.88% or … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on February 10, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2471. The CAD gained ground, after Canadian housing starts surprisingly rose to a level of 187.3 K in January, compared to … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Swiss unemployment and CPI data

Posted on February 10, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9245. Yesterday, the SNB reported that sight deposits rose to CHF384.889 billion in the week ended 06 February, compared to previous … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on February 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 118.64. In economic news, Japan’s Eco watchers survey for the current situation advanced to 45.60 in January, while markets were expecting … Continue reading →

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GBP/USD: Pound trading higher ahead of the NIESR GDP estimate data

Posted on February 10, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5218. Yesterday, the BoE Governor, Mark Carney mentioned that wage growth in the nation was improving. He also praised the ECB … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on February 10, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1326, following encouraging economic releases from Germany. Data revealed that Germany’s trade surplus unexpectedly increased to its highest level of €19.1 … Continue reading →

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Trading Signals as per 9-February-2015

Posted on February 9, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1268 1.1368 GBP/USD SELL Active 1.5332 1.5222 USD/JPY BUY Active 118.18 119.18 AUD/USD SELL Active 0.7812 0.7732 EUR/JPY BUY Active 134.28 135.28 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 above its MA’s

Posted on February 9, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 1.70% against the USD for the period ending 21:00GMT, closing at 51.91, as encouraging US non-farm payrolls data boosted the demand expectations of the commodity, from the world’s largest consumer of … Continue reading →

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Silver: White metal trading flat this morning

Posted on February 9, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 3.21% to USD 16.72 per ounce during the period ending 21:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.71, with the silver trading … Continue reading →

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