USD/CHF: Swiss Franc reverses its gains ahead of Switzerland’s unemployment rate data

Posted on December 9, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9761. On the macro front, consumer prices in Switzerland remained flat on a monthly basis in November, following a similar reading … Continue reading →

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

Posted on December 9, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.96% against the JPY and closed at 120.60. In the Asian session, at GMT0400, the pair is trading at 120.35, with the USD trading 0.21% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower ahead of the UK’s industrial and manufacturing production data

Posted on December 9, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.5656, after the Lloyds employment confidence index in the UK rose to 1.0 in November, compared to a level of 0.0 … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on December 9, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.2317, after the Euro-zone’s Sentix investor confidence improved to -2.5 in December, marking its highest level in four months, higher than … Continue reading →

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Trading Signals as per 08-December-2014

Posted on December 8, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2322 1.2242 USD/CHF BUY Active 0.9768 0.9848 USD/CAD BUY Active 1.1408 1.1478 NZD/USD SELL Active 0.7692 0.7622 AUD/USD BUY Active 0.8238 0.8308 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 below its MA’s

Posted on December 8, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.68% against the USD for the period ending 21:00GMT, closing at 65.67, amid rising speculations that the US oil producers would challenge the OPEC for market share. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 8, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.97% to USD 16.31 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.21, with the silver trading 0.58% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on December 8, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 1.14% against the USD in the period ending 21:00GMT, at 1191.40 per ounce, after non-farm payrolls increased more than anticipated in November, denting the demand outlook of the precious yellow metal. … Continue reading →

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AUD/USD: Aussie extends its losses this morning

Posted on December 8, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.65% against the USD to close at 0.8327, amid a broad strengthening in the greenback. LME Copper prices rose 0.69% or $45.0/MT to $6536.0/MT. Aluminium prices rose 1.37% or $27.0/MT to $2002.0/MT. In … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s housing permits data

Posted on December 8, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.40% against the CAD to close at 1.1432, following positive non-farm payrolls data in the US. The CAD lost ground after Canada’s unemployment rate climbed to 6.6% in November, compared to a level … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of the Switzerland’s CPI data

Posted on December 8, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.69% against the CHF and closed at 0.9779. The Swiss Franc came under pressure after Switzerland’s foreign currency reserves unexpectedly narrowed to CHF462.4 billion in November, lower than market expected increase to CHF465.5 … Continue reading →

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