AUD/USD: Australian unemployment rate came in line with market expectations at 6.1%

Posted on October 9, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.8834. In economic news, Australian foreign exchange reserves expanded to a level of A$60.89 billion in September, after advancing to a … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning.

Posted on October 9, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.1107. On the macro front, Canada’s housing starts rose to 197.3 K in September, lower than market expectations to advance to … Continue reading →

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USD/CHF: Swiss unemployment rate remained unchanged at 3.2%

Posted on October 9, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9520. In economic news, the seasonally adjusted Swiss unemployment remained steady at 3.2% in September, at par with market expectations. In … Continue reading →

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USD/JPY: Japanese Yen trading higher ahead of Japan’s machine tool orders data

Posted on October 9, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 108.16. The Japanese currency came under pressure, after Japan’s economic watcher’s survey for future deteriorated to 48.7 in September, after registering … Continue reading →

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GBP/USD: Pound extends its gains ahead of the BoE’s interest rate decision

Posted on October 9, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.6161, after the Halifax house price index in Britain advanced 0.6% on a monthly basis in September, exceeding market expectations for … Continue reading →

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

Posted on October 9, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.2732, continuing its previous session gains. In economic news, the French business sentiment index unexpectedly fell to a level of 96.0 … Continue reading →

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Trading Signals as per 8-October-2014

Posted on October 8, 2014 by GCI Financial

  Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 108.92 107.92 GBP/CHF BUY Active 1.5308 1.5418 EUR/GBP SELL Active 0.7908 0.7863 USD/CAD SELL Active 1.1222 1.1152 AUD/USD SELL Active 0.8832 0.8742 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading →

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Crude Oil: Oil trading lower, ahead of the weekly crude oil supply data from the EIA

Posted on October 8, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.99% against the USD for the 24 hour period ending 23:00GMT, closing at 88.55, after the IMF trimmed its global economic growth forecasts for the third time this year, raising demand concerns of … Continue reading →

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Silver: White metal extends its losses this morning

Posted on October 8, 2014 by GCI Financial

Silver Movement Silver prices declined 0.35% to USD 17.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.215, with the silver trading 0.15% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on October 8, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1211.20 per ounce, as demand for the yellow metal rose on the back of a weak US Dollar and decline in … Continue reading →

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AUD/USD: Australia’s jobless rate to remain above 6%: IMF

Posted on October 8, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.8814. LME Copper prices rose 0.04% or $2.5/MT to $6715.0/MT. Aluminium prices declined 0.63% or $12.0/MT to $1886.0/MT. Yesterday, the IMF … Continue reading →

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