Monthly Archives: May 2015

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

Posted on May 21, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1209.50 per ounce, after the latest Fed minutes revealed that a rate hike was doubtful at the next FOMC meeting in … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on May 21, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.57% against the USD to close at 0.7872. LME Copper prices declined 0.99% or $62.0/MT to $6208.0/MT. Aluminium prices declined 0.06% or $1.0/MT to $1749.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on May 21, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.2204. In economic news, wholesale sales in Canada rebounded 0.8% MoM in March, less than market expected increase of 0.9%. It … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on May 21, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CHF and closed at 0.9370. On the macro front, Switzerland’s ZEW economic expectations index climbed to a reading of -0.10 in May. In … Continue reading →

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USD/JPY: Japan’s manufacturing PMI rebounded in May

Posted on May 21, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 121.24. Yesterday, the final leading economic index in Japan advanced to 106.00 in March, compared to a reading of 105.50 recorded … Continue reading →

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GBP/USD: Pound trading higher ahead of UK’s retail sales data

Posted on May 21, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.5537, as traders digested the release of the BoE minutes from its recent monetary policy meeting. The minutes showed that the … Continue reading →

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Trading Signals as per 20-May-2015

Posted on May 20, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1158 AUD/USD SELL Active 0.7932 0.7862 NZD/USD BUY Active 0.7288 0.7378 GBP/USD BUY Active 1.5418 1.5578 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: Japan’s Q1 GDP grew faster than expected

Posted on May 20, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 120.67. In the Asian session, at GMT0300, the pair is trading at 120.91, with the USD trading 0.19% higher from yesterday’s … Continue reading →

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Crude Oil: Oil trading higher ahead of the EIA’s weekly crude oil data

Posted on May 20, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.95% against the USD for the 24 hour period ending 23:00GMT, closing at 58.36, after Saudi Arabia’s Oil Minister, Ali al-Naimi mentioned that the nation exported nearly 8 million barrels per day (bpd) … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 20, 2015 by GCI Financial

Silver Movement Silver prices declined 3.53% to USD 17.10 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 17.08, with the silver trading 0.12% lower … Continue reading →

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Gold: Yellow metal trading marginally higher this morning

Posted on May 20, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.35% against the USD in the 24 hour period ending 23:00GMT, at 1208.40 per ounce, as the greenback traded higher against its major peers, after the US housing data figures surpassed market forecasts, … Continue reading →

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