Monthly Archives: February 2016

AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on February 24, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.53% against the USD and closed at 0.7191. LME Copper prices declined 0.69% or $32.5/MT to $4663.5/MT. Aluminium prices rose 0.13% or $2.0/MT to $1575.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on February 24, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CAD and closed at 1.3787. Yesterday, Canada’s Finance Minister, Bill Morneau, indicated that the nation needs an aggressive fiscal policy to deal with global economic … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s UBS consumption indicator data

Posted on February 24, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9918. Yesterday, the Swiss National Bank Chairman, Thomas Jordan, cautioned that the central bank could not take “endless” steps to ease … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on February 24, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.8% against the JPY and closed at 112.01. In the Asian session, at GMT0400, the pair is trading at 111.82, with the USD trading 0.17% lower from yesterday’s … Continue reading →

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GBP/USD: BoE could cut the interest rate to zero, stated the BoE Governor

Posted on February 24, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.9% against the USD and closed at 1.4025, after the BoE Governor, Mark Carney, hinted for additional stimulus in the economy. Yesterday, the BoE Governor, Mark Carney, in … Continue reading →

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EUR/USD: Germany’s GDP rose as expected in Q4 2015

Posted on February 24, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1021. In economic news, Germany’s seasonally adjusted final GDP expanded by 0.3% QoQ in 4Q 2015, compared to a similar rise … Continue reading →

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Trading Signals as per 23-February-2016

Posted on February 23, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0978 1.1068 AUD/USD SELL Active 0.7282 0.7212 GBP/CHF BUY Active 1.4158 1.3968 USD/CHF BUY Active 0.9888 0.9978 GBP/USD SELL Active 1.4222 1.4072 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 reverses its gains in the Asian session

Posted on February 23, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 11.98% against the USD and closed at 33.19, after the International Energy Agency’s (IEA) projection of US shale oil production to fall sharply in this and next … Continue reading →

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Silver: White metal trading higher this morning

Posted on February 23, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.19% against the USD and closed at 15.22, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on February 23, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.83% against the USD and closed at 1208.30, amid a rally in global equity markets and a broad strength in the greenback. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on February 23, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.3% against the USD and closed at 0.7229. LME Copper prices rose 2.31% or $106.0/MT to $4696.0/MT. Aluminium prices rose 1.35% or $21.0/MT to $1573.0/MT. In the Asian … Continue reading →

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