Gold: Yellow metal trading on a weaker footing this morning

Posted on December 12, 2014 by GCI Financial

Gold Movement Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1227.70 per ounce. However, during the day, gold prices remained under pressure on the back of better than expected initial unemployment benefit report … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on December 12, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.8265, amid a broad strengthening in the greenback. LME Copper prices declined 0.07% or $4.5/MT to $6471.5/MT. Aluminium prices declined 0.74% … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on December 12, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.1524. Yesterday, data showed that Canada’s new housing price index rose 1.6% on an annual basis in October, compared to a … Continue reading →

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USD/CHF: The SNB kept its benchmark interest rate unchanged

Posted on December 12, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9684, following upbeat economic data from the US. Yesterday, the SNB maintained its key interest rate at 0.0% for the 14th … Continue reading →

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USD/JPY: Japanese Yen trading stronger this morning

Posted on December 12, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.81% against the JPY and closed at 118.90. In the Asian session, at GMT0400, the pair is trading at 118.87, with the USD trading a tad lower from … Continue reading →

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GBP/USD: Pound reverses its gains this morning

Posted on December 12, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.5732, extending its previous session gains. Yesterday, the OECD forecasted an optimistic economic outlook for the UK economy in 2015 and … Continue reading →

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EUR/USD: Euro trading lower ahead of the Euro-zone’s industrial production data

Posted on December 12, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2404, after the ECB reported that it issued €129.8 billion in 4-year loans to the Euro-zone banks in the second allotment … Continue reading →

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Trading Signals as per 11-December-2014

Posted on December 11, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2502 1.2412 USD/CHF BUY Active 0.9618 0.9698 USD/CAD BUY Active 1.1418 1.1488 EUR/JPY BUY Active 146.18 147.68 GBP/CHF BUY Active 1.5108 1.5238 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 December 11, 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 61.28, after the OPEC cut its forecast for global crude oil demand in 2015 by about 300,000 barrels a day, … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on December 11, 2014 by GCI Financial

Silver Movement Silver prices declined 0.23% to USD 17.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.17, with the silver trading 0.53% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on December 11, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1227.70 per ounce, reversing its previous session gains. Yesterday, the SPDR Gold Trust reported the first consecutive day increase in its … Continue reading →

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