EUR/USD: Euro extends its losses in the Asian session

Posted on October 20, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.37% against the USD and closed at 1.2762. The ECB Governing Council Member, Ewald Nowotny opined that the recent fall witnessed in the common currency was fuelling growth in the region. He further added … Continue reading →

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Trading Signals as per 17-October-2014

Posted on October 17, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.1178 1.1298 GBP/CHF SELL Active 1.5272 1.5112 EUR/CHF BUY Active 1.2020 1.2136 GBP/USD SELL Active 1.6177 1.5967 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on October 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24 hour period ending 23:00GMT, closing at 83.10, as industrial production in the US rebounded strongly in September, thereby increasing the demand outlook of the commodity from … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 17, 2014 by GCI Financial

Silver Movement Silver prices rose/declined 0.34% to USD 17.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.355, with silver trading 0.17% lower from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on October 17, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1238.90 per ounce, following encouraging economic data from the US, thereby easing fears over the US economic outlook. In the Asian … Continue reading →

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AUD/USD: Aussie trading flat in the Asian session

Posted on October 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.40% against the USD to close at 0.8763, amid a broad strength in the greenback. LME Copper prices declined 2.23% or $151.0/MT to $6630.0/MT. Aluminium prices declined 2.07% … Continue reading →

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

Posted on October 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.1257. On the macro front, Canada’s manufacturing shipments eased 3.3% on a monthly basis in August, registering its fastest decline since … Continue reading →

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

Posted on October 17, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9424. The Swiss Franc lost ground after Switzerland’s SECO downgraded the nation’s economic growth forecast for 2014 to 1.8% from its … Continue reading →

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USD/JPY: Japanese Yen reverses its losses this morning

Posted on October 17, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.40% against the JPY and closed at 106.44. In economic news, Japanese Tokyo condominium sales slid 44.1% in September, following a drop of 49.1% in August. In the … Continue reading →

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GBP/USD: Pound reverses its gains this morning

Posted on October 17, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.6102. Yesterday, the BoE Deputy Governor, Jon Cunliffe stated that new regulations governing banks and financial institutions must be applied consistently … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on October 17, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.2810. In economic news, the Euro-zone’s consumer price index (CPI) rose 0.4% on a MoM basis in September, at par with … Continue reading →

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