USD/CAD: Loonie reverses its gains this morning

Posted on October 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.07% against the CAD to close at 1.1142. The CAD gained ground after Canada’s Ivey PMI surprisingly advanced to 58.6 in September, marking its highest level since October … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Swiss CPI data

Posted on October 7, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.97% against the CHF and closed at 0.9586. In the Asian session, at GMT0300, the pair is trading at 0.9615, with the USD trading 0.3% higher from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its gains, ahead of the NIESR’s GDP estimate

Posted on October 7, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.75% against the USD and closed at 1.6077. In economic news, new car registrations in the UK registered a rise of 5.6%, on an annual basis, in September. … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s industrial production data.

Posted on October 7, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.12% against the USD and closed at 1.2652. On the macro front, the Sentix consumer confidence in the Euro-zone eased for the third consecutive month in October to … Continue reading →

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Trading Signals as per 6-October-2014

Posted on October 6, 2014 by GCI Financial

  Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.5908 1.6028 EUR/CHF BUY Active 1.1990 1.2130 EUR/USD BUY Active 1.2504 1.2549 EUR/GBP SELL Active 0.7883 0.7838 AUD/USD BUY Active 0.8668 0.8748 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on October 6, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.42% against the USD for the period ending 21:00GMT, closing at 89.81 on the back of stronger greenback after the US reported robust employment data. In the Asian session, at GMT0300, … Continue reading →

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Silver: White-metal extends its losses this morning

Posted on October 6, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.46% to USD 16.84 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.79, with the silver trading 0.3% … Continue reading →

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Gold: Yellow-metal trading lower in the Asian session

Posted on October 6, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 1.89% against the USD in the period ending 21:00GMT, at 1192.00 per ounce, as the US witnessed an upbeat non-farm payrolls data as well as lower unemployment rate in September, which … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on October 6, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 1.41% against the USD to close at 0.8673, amid a broad strength in the greenback. LME Copper prices declined 0.43%% or $28.5/MT to $6665.0/MT. Aluminium prices rose 0.72%% or $13.5/MT to $1883.0/MT. In … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s Ivey PMI data

Posted on October 6, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.90% against the CAD to close at 1.1258. The CAD lost ground after Canada reported an international merchandise trade deficit of CAD 0.61 billion in August, from a revised surplus of CAD 2.2 … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on October 6, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 1.43%% against the CHF and closed at 0.9674. In the Asian session, at GMT0300, the pair is trading at 0.9672, with the USD trading marginally lower from Friday’s close. The pair is expected … Continue reading →

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