Monthly Archives: March 2016

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

Posted on March 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.66% against the USD and closed at 0.7465. LME Copper prices rose 1.67% or $82.0/MT to $5000.0/MT. Aluminium prices rose 0.79% or $12.5/MT to $1600.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on March 8, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.3292. In the Asian session, at GMT0400, the pair is trading at 1.3326, with the USD trading 0.25% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s inflation data

Posted on March 8, 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 0.9956. In economic news, Switzerland’s foreign currency reserves dropped to a level of CHF571.1 billion in February, after registering a revised … Continue reading →

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USD/JPY: Japan’s final GDP contracted in Q4 2015

Posted on March 8, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the JPY and closed at 113.35. In the Asian session, at GMT0400, the pair is trading at 113.02, with the USD trading 0.29% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on March 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.4262. In the Asian session, at GMT0400, the pair is trading at 1.4252, with the GBP trading 0.07% lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading tad higher, ahead of Euro-zone’s flash Q4 GDP data

Posted on March 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1013. In economic news, the Euro-zone’s Sentix investor confidence index fell unexpectedly to a level of 5.5 in March, falling for … Continue reading →

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Trading Signals as per 7-March-2016

Posted on March 7, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/CHF SELL Active 1.4186 1.4056 EUR/JPY SELL Active 125.62 124.52 USD/CHF SELL Active 1.0012 0.9922 USD/CAD SELL Active 1.3392 1.3322 NZD/USD BUY Active 0.6799 0.6739 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 7, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.6% against the USD and closed at 35.93, after Baker Hughes reported that the US oil rig count fell by 8 to a level of 392 in … Continue reading →

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

Posted on March 7, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.1% against the USD and closed at 15.55, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 15.58, with the silver trading … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on March 7, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose marginally against the USD and closed at 1262.30. However, the gains in gold prices were capped after the release of better-than-expected US non-farm payrolls data. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on March 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.95% against the USD and closed at 0.7419. LME Copper prices rose 1.82% or $88.0/MT to $4918.0/MT. Aluminium prices declined 1.00% or $16.0/MT to $1587.5/MT. In the Asian … Continue reading →

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