Monthly Archives: May 2016

EUR/USD: Euro trading a tad lower this morning

Posted on May 16, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.61% against the USD and closed at 1.1309, after the Euro-zone’s seasonally adjusted GDP advanced less-than-expected by 0.5% QoQ in 1Q 2016, compared to market expectations for an … Continue reading →

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Trading Signals as per 13-May-2016

Posted on May 13, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1402 1.1322 GBP/USD SELL Active 1.4492 1.4362 GBP/CHF BUY Active 1.3926 1.4041 NZD/USD SELL Active 0.6816 0.6748 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on May 13, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.96% against the USD for the 24-hour period ending 23:00GMT, closing at 46.36, oscillating between gains and losses throughout the trading session, after the International Energy Agency (IEA) raised its 2016 global oil … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 13, 2016 by GCI Financial

Silver Movement Silver prices declined 2.12% to USD 17.07 per ounce during the 24 hours ending 23:00GMT, tracking weakness in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.03, with the silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on May 13, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24-hour period ending 23:00GMT, at 1267.00 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1268.60, with the … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on May 13, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.61% against the USD to close at 0.7322. LME Copper prices declined 0.08% or $4.0/MT to $4744.0/MT. Aluminium prices declined 0.96% or $15.0/MT to $1545.0/MT. In the Asian … Continue reading →

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

Posted on May 13, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2840. The Canadian dollar gained ground, after Canada’s new housing price index advanced more-than-expected by 0.2% MoM in March, compared to … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on May 13, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9701. In the Asian session, at GMT0300, the pair is trading at 0.9709, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 13, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 108.92. In economic news, Japan’s Eco Watchers survey for the current situation index dropped more-than-expected to a level of 43.5 in … Continue reading →

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GBP/USD: The BoE kept key interest rate steady at 0.5%

Posted on May 13, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.4446, after the Bank of England (BoE) in a widely expected move left benchmark interest rate unchanged at a seven-year low … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s Q1 GDP data

Posted on May 13, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1378, after the Euro-zone’s industrial output fell sharply for the second consecutive month. Data showed that the region’s seasonally adjusted industrial … Continue reading →

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