USD/CAD: Loonie trading weaker ahead of Canada’s housing starts data

Posted on October 8, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.1157. The Canadian Dollar lost ground after Canada’s building permits eased 28.3% on a monthly basis in August, more than market … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Swiss unemployment rate

Posted on October 8, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9567. In economic news, the Swiss CPI advanced 0.1% on a monthly basis in September, less than market expectations for a … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on October 8, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.76% against the JPY and closed at 108.00. On the macro front, Japan’s leading economic index dropped to 104.0 in August, marking its lowest level since January 2013 … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on October 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6098, after a leading think tanker NIESR in its monthly GDP estimate reported that the UK economy grew 0.7% % for … Continue reading →

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EUR/USD: Euro trading on a lower footing this morning

Posted on October 8, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.2670, extending its previous session gains. In economic news, the seasonally adjusted German industrial output fell 4.0% on a monthly basis … Continue reading →

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Trading Signals as per 7-October-2014

Posted on October 7, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 109.12 108.22 EUR/JPY BUY Active 136.58 137.48 NZD/USD SELL Active 0.7922 0.7812 GBP/USD SELL Active 1.6110 1.6065 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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USD/JPY: BoJ keeps its policy unchanged

Posted on October 7, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.90% against the JPY and closed at 108.82. In the Asian session, at GMT0300, the pair is trading at 109.21, with the USD trading 0.35% higher from yesterday’s … Continue reading →

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

Posted on October 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.94% against the USD for the 24 hour period ending 23:00GMT, closing at 90.35. However, gains in crude oil were limited after the World Bank slashed China’s growth forecast for the current fiscal, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 7, 2014 by GCI Financial

Silver Movement Silver prices rose 3.07% to USD 17.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.285, with the silver trading 0.09% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on October 7, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.62% against the USD in the 24 hour period ending 23:00GMT, at 1206.10 per ounce. In the Asian session, at GMT0300, the pair is trading at 1204.6, with the gold trading 0.12% lower … Continue reading →

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AUD/USD: The RBA held its interest rates unchanged at 2.5%

Posted on October 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.25% against the USD to close at 0.8765. On the macro front, the Australian AiG performance of construction index climbed to 59.1 in September, following a reading of … Continue reading →

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