Monthly Archives: February 2015

USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on February 4, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9245. Switzerland’s trade surplus narrowed more than anticipated to CHF1.52 billion in December, against market expectations for the nation to register … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of the UK services PMI data

Posted on February 4, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.83% against the USD and closed at 1.5157. Britain’s Markit construction PMI unexpectedly climbed to a level of 59.1 in January, from December’s 17-month low reading of 57.6. … Continue reading →

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EUR/USD: Euro trading marginally lower ahead of the Euro-zone’s services PMI and retail sales data

Posted on February 4, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.1469. In economic news, the Euro-zone’s producer price index fell 1.0% on a MoM basis in December, compared to a drop … Continue reading →

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Trading Signals as per 03-February-2015

Posted on February 3, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.2528 1.2668 GBP/USD SELL Active 1.5102 1.4972 USD/CHF BUY Active 0.9188 0.9338 GBP/CHF BUY Active 1.3768 1.4038 NZD/USD BUY Active 0.7158 0.7238 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 this morning

Posted on February 3, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 5.54% against the USD for the 24 hour period ending 23:00GMT, closing at 49.88, extending its previous session high gains. Meanwhile, oil prices were further supported after a report revealed that the demand … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 3, 2015 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 17.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.205, with the silver trading 0.06% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on February 3, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1275.10 per ounce, amid a strong rally in the global equity markets. Separately, gold holdings in the SPDR Gold Trust remained … Continue reading →

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AUD/USD: The RBA cuts interest rates to record low of 2.25%

Posted on February 3, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7800. LME Copper prices rose 0.54% or $30.0/MT to $5535.0/MT. Aluminium prices rose 0.79% or $14.5/MT to $1852.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on February 3, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2578. Gains in the CAD were kept in check, after Canada’s RBC manufacturing PMI hit a 21-month low level of 51.0 … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on February 3, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9274. The Swiss Franc came under pressure, after the Swiss SVME PMI fell to a reading of 48.2, posting its first … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on February 3, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 117.65. Yesterday, the BoJ Governor, Haruhiko Kuroda opined that the current weakening in the Yen was not impacting the Japanese economy … Continue reading →

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