Monthly Archives: January 2016

USD/CAD: Loonie trading lower ahead of Canada’s inflation data

Posted on January 22, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.61% against the CAD and closed at 1.4265. In the Asian session, at GMT0400, the pair is trading at 1.4284, with the USD trading 0.13% higher from yesterday’s … Continue reading →

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USD/JPY: Japan’s flash manufacturing PMI surprisingly fell in January

Posted on January 22, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the JPY and closed at 117.80. In the Asian session, at GMT0300, the pair is trading at 117.8, with the USD trading flat from yesterday’s close. … Continue reading →

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GBP/USD: Pound trading on a weaker footing, ahead of UK’s retail sales data

Posted on January 22, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4225. In the Asian session, at GMT0400, the pair is trading at 1.4211, with the GBP trading 0.1% lower from yesterday’s … Continue reading →

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EUR/USD: ECB held benchmark interest rate at 0.05%

Posted on January 22, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0871. Yesterday, the ECB held key interest rate at 0.05% but the ECB President, Mario Draghi, warned that the downside risks … Continue reading →

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Trading Signals as per 21-January-2016

Posted on January 21, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.4602 1.4402 USD/JPY BUY Active 116.08 117.58 EUR/JPY SELL Active 128.12 126.82 NZD/USD BUY Active 0.6378 0.6457 GBP/CHF BUY Active 1.4122 1.4312 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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

Posted on January 21, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.07% against the USD and closed at 28.42, extending its previous session losses, as supply glut fears deepen. Yesterday, the American Petroleum Institute (API) disclosed that … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on January 21, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 0.85% against the USD and closed at 14.16, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.17, with the silver … Continue reading →

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

Posted on January 21, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.24% against the USD and closed at 1101.30, amid a broad slump in global equity markets and a weaker greenback, enhanced the demand of the safe-haven yellow metal. … Continue reading →

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AUD/USD: Australian new home sales tumbled in November

Posted on January 21, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.20% against the USD to close at 0.6924. LME Copper prices declined 2.11% or $93.5 /MT to $4347.0 /MT. Aluminium prices rose 2.18% or $32.5 /MT to $1461.5 … Continue reading →

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USD/CAD: The BoC held interest rate at 0.5%

Posted on January 21, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.4498, The CAD gained ground, after the BoC kept benchmark interest rate steady at 0.5%, while remaining cautiously optimistic. . In … Continue reading →

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

Posted on January 21, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 1.0048. In economic news, Switzerland’s ZEW survey of economic expectations index plunged to – 3 in January, registering its weakest reading … Continue reading →

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