Monthly Archives: March 2015

Gold: Yellow metal trading flat this morning

Posted on March 11, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1161.90 per ounce, on rising speculations that the US Fed would raise interest rates around midyear. Separately, gold holdings of SPDR … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on March 11, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.79% against the USD to close at 0.7631. Yesterday, the RBA Assistant Governor, Christopher Kent stated that the Australian dollar was still having elevated value and continued to … Continue reading →

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USD/CAD: Loonie extends its losses this morning

Posted on March 11, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.2683. In the Asian session, at GMT0400, the pair is trading at 1.2694, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on March 11, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.24% against the CHF and closed at 0.9986. The Swiss Franc lost ground, after the seasonally adjusted unemployment rate in Switzerland edged up to 3.2% in February, from … Continue reading →

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

Posted on March 11, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.20% against the JPY and closed at 121.10. In economic news, machine tool orders in Japan registered a rise of 28.9% YoY in February, up from previous month’s … Continue reading →

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GBP/USD: Pound trading a tad higher ahead of the NIESR’s GDP forecast

Posted on March 11, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5069. Yesterday, the BoE Chief, Mark Carney, opined that it would be “extremely foolish” to cut interest rate or expand quantitative … Continue reading →

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EUR/USD: Euro trading lower ahead of the ECB President’s speech

Posted on March 11, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.43% against the USD and closed at 1.0690. In economic news, industrial production in France recorded an unexpected rise of 0.40% in January, compared to market expectations for … Continue reading →

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Trading Signals as per 10-March-2015

Posted on March 10, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY SELL Active 132.12 131.12 NZD/USD SELL Active 0.7362 0.7272 GBP/CHF BUY Active 1.4858 1.4988 USD/JPY SELL Active 122.32 121.42 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 higher ahead of the API’s weekly crude oil data

Posted on March 10, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 49.95. Yesterday, a leading bank projected oil futures to stay low for some more time, however added that its earlier … Continue reading →

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Silver: White metal extends its losses this morning

Posted on March 10, 2015 by GCI Financial

Silver Movement Silver prices declined 0.85% to USD 15.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.715, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 10, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1166.80 per ounce, extending its previous session losses. Yesterday, gold holdings in the SPDR Gold Trust decreased to 756.32 tons, from … Continue reading →

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