Monthly Archives: February 2016

USD/CAD: Loonie trading on a weaker footing in the Asian session

Posted on February 23, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD and closed at 1.3712. In the Asian session, at GMT0400, the pair is trading at 1.3723, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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

Posted on February 23, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CHF and closed at 0.9998. In economic news, Switzerland’s producer and import prices fell for the second consecutive month by 0.4% MoM in January, whereas … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on February 23, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 112.92. In the Asian session, at GMT0400, the pair is trading at 112.06, with the USD trading 0.76% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on February 23, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.01% against the USD and closed at 1.4152, after the London Mayor, Boris Johnson, expressed his support for Britain’s exit from the European Union (EU) bloc. In the … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s Q4 GDP growth data

Posted on February 23, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.84% against the USD and closed at 1.1028, after downbeat manufacturing and services PMI data in the Euro-zone. Data showed that, the Euro-zone’s flash Markit manufacturing PMI fell … Continue reading →

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Trading Signals as per 22-February-2016

Posted on February 22, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1162 1.1092 GBP/USD BUY Active 1.4178 1.4338 USD/JPY SELL Active 113.42 112.52 USD/CAD BUY Active 1.3698 1.3778 AUD/USD SELL Active 0.7202 0.7152 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 in the Asian session

Posted on February 22, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.56% against the USD and closed at 29.53, as record high US crude stockpiles escalated concerns that the plan to freeze output would do little to curb … Continue reading →

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Silver: White metal trading on a weaker footing in the Asian session

Posted on February 22, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at 15.44. In the Asian session, at GMT0400, the pair is trading at 15.26, with the silver trading 1.13% lower from Friday’s close. … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on February 22, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold traded flat against the USD and closed at 1231.80. However, the decline in global equity markets and a weaker greenback increased demand for the safe-haven yellow metal. In the Asian … Continue reading →

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

Posted on February 22, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.31% against the USD and closed at 0.7133. LME Copper prices rose 0.28% or $13.0/MT to $4590.0/MT. Aluminium prices rose 1.44% or $22.0/MT to $1552.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s consumer price inflation surprisingly rose on a monthly basis in January

Posted on February 22, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3785. On the economic front, Canada’s consumer price index unexpectedly rose by 0.2% MoM in January, whereas investors expected it to … Continue reading →

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