Monthly Archives: March 2016

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

Posted on March 10, 2016 by GCI Financial

Silver Movement Silver prices declined 0.55% against the USD and closed at 15.32 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.295, with the … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on March 10, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.80% against the USD in the 24-hour period ending 23:00GMT, at 1253.70 per ounce, as a broad rally in global equity markets dented the precious metal’s safe haven appeal. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the morning session

Posted on March 10, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.62% against the USD to close at 0.7476. LME Copper prices declined 0.90% or $45.0/MT to $4935.5/MT. Aluminium prices declined 1.64% or $26.0/MT to $1564.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC held key interest rate steady at 0.5%

Posted on March 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.33% against the CAD to close at 1.3246. The Canadian dollar gained ground, after the Bank of Canada (BoC) kept benchmark interest rate steady at 0.5%, as widely … Continue reading →

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USD/CHF: Swiss Franc trading flat this morning

Posted on March 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9976. In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

Posted on March 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.58% against the JPY and closed at 113.31. On the economic front, preliminary machine tool orders in Japan declined for the seventh consecutive month by 22.6% YoY in … Continue reading →

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GBP/USD: Britain’s economy grew at a quarterly rate of 0.3% in the three months to February, as per NIESR

Posted on March 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.4216, after data released in the UK painted a mixed picture of the nation’s economy. Yesterday, data showed that Britain’s manufacturing … Continue reading →

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EUR/USD: Euro trading lower, ahead of the ECB interest rate decision

Posted on March 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1000. In economic news, the French business sentiment index surprisingly dropped to a level of 98.0 in February, touching its weakest … Continue reading →

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Trading Signals as per 9-March-2016

Posted on March 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9928 1.0018 USD/CAD SELL Active 1.3492 1.3412 NZD/USD SELL Active 0.6768 0.6702 GBP/CHF BUY Active 1.4056 1.4228 GBP/USD SELL Active 1.4262 1.4152 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 this morning

Posted on March 9, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.11% against the USD and closed at 36.39, after weak trade data from China reignited concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →

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Silver: White metal extends its losses this morning

Posted on March 9, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.66% against the USD and closed at 15.41, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.27, with the silver trading … Continue reading →

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