Monthly Archives: May 2016

USD/CAD: Loonie trading a tad higher, ahead of Canada’s consumer price index data for April

Posted on May 20, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.3083. In economic news, Canada’s wholesale sales declined more-than-expected by 1.0% MoM in March, falling for the second consecutive month, mainly … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

Posted on May 20, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9904. In the Asian session, at GMT0300, the pair is trading at 0.9907, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on May 20, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 109.92. In economic news, Japan’s final machine tool orders declined by 26.3% YoY in April, following a 21.2% drop in the … Continue reading →

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GBP/USD: UK retail sales bounced back strongly in April

Posted on May 20, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.4600, after UK’s retail sales rebounded above expectations in April. Data showed that retails sales in Britain rose 1.5% MoM in … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of Germany’s producer price index data

Posted on May 20, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1200, after the Euro-zone’s seasonally adjusted construction output declined 0.9%, falling for the second consecutive month and following a 0.6% revised … Continue reading →

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Trading Signals as per 19-May-2016

Posted on May 19, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4558 1.4708 USD/JPY SELL Active 110.62 109.72 AUD/USD SELL Active 0.7252 0.7172 NZD/USD SELL Active 0.6804 0.6717 EUR/JPY BUY Active 122.48 123.58 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 extends its losses in the Asian session

Posted on May 19, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.99% against the USD for the 24-hour period ending 23:00GMT, closing at 47.97, reversing its two-day rally, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly rose by 1.3 … Continue reading →

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

Posted on May 19, 2016 by GCI Financial

Silver Movement Silver prices declined 2.08% to USD 16.93 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.875, with the silver trading 0.3% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 19, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.53% against the USD in the 24-hour period ending 23:00GMT, at 1261.00 per ounce, halting a three-day winning streak, amid a broad strength in the greenback, after minutes of the US Federal Reserve’s … Continue reading →

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AUD/USD: Australia’s unemployment rate held steady at 5.7% in April, but most of the job added are part-timers

Posted on May 19, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.24% against the USD to close at 0.7230. LME Copper prices declined 0.72% or $33.5/MT to $4600.5/MT. Aluminium prices declined 0.16% or $2.5/MT to $1529.5/MT. In the Asian … Continue reading →

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

Posted on May 19, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.3014, after the US Federal Reserve’s April monetary policy meeting minutes bolstered expectations that the central bank could raise interest rates … Continue reading →

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