Monthly Archives: May 2015

USD/CAD: Loonie trading on a weaker footing this morning

Posted on May 5, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.2094. Data released on Friday indicated that RBC’s manufacturing PMI for Canada rose to a level of 49.0 in April, but … Continue reading →

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

Posted on May 5, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9344. In economic news, Switzerland’s SVME manufacturing PMI remained steady at a level of 47.90 in April, lower than market expectations … Continue reading →

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USD/JPY: Japanese Yen reverses its gains this morning

Posted on May 5, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the JPY and closed at 120.13. In the Asian session, at GMT0300, the pair is trading at 120.16, with the USD trading slightly higher … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of the UK’s Markit construction PMI data

Posted on May 5, 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 1.5117. On Friday, data showed that the manufacturing PMI in the UK unexpectedly fell to a 7-month low reading of 51.9 … Continue reading →

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EUR/USD: Euro trading lower ahead of the European Commission economic growth forecast

Posted on May 5, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1146. In economic news, the final manufacturing PMI in Germany fell to 52.10 in April, compared to a 11-month high reading … Continue reading →

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Trading Signals as per 4-May-2015

Posted on May 4, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1232 1.1132 GBP/USD BUY Active 1.5058 1.5228 USD/JPY BUY Active 119.68 120.38 AUD/USD SELL Active 0.7882 0.7802 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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Trading Signals as per 1-May-2015

Posted on May 1, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1098 1.1268 USD/CHF SELL Active 0.9422 0.9292 USD/CAD BUY Active 1.2028 1.2128 GBP/CHF BUY Active 1.4228 1.4388 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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EUR/USD: Euro reverses its gains this morning

Posted on May 1, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1213 as deflation fears retreated in the euro region after Euro-zone’s preliminary consumer price index remained flat YoY in April, compared … Continue reading →

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Crude Oil: Oil trading marginally higher in the Asian session

Posted on May 1, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.91% against the USD for the 24 hour period ending 23:00GMT, closing at 59.69, after the US weekly jobless claims for unemployment benefits dropped more than expected, thus raising the demand outlook of … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 1, 2015 by GCI Financial

Silver Movement Silver prices declined 2.72% to USD 16.12 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.16, with the silver trading 0.28% higher … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on May 1, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1183.50 per ounce, after the US registered upbeat initial jobless benefits data, thus denting the safe-haven demand of the precious yellow … Continue reading →

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