Monthly Archives: May 2016

USD/CHF: Swiss Franc trading a tad higher this morning

Posted on May 19, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CHF and closed at 0.9875, after the latest US Federal Reserve meeting minutes indicated that the central bank could raise rates as soon as next … Continue reading →

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

Posted on May 19, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.94% against the JPY and closed at 110.11, after the US Federal Reserve’s April monetary policy meeting minutes indicated that a rate hike in June was on the … Continue reading →

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GBP/USD: UK’s unemployment rate held steady at 5.1% during the three months to March 2016

Posted on May 19, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.01% against the USD and closed at 1.4599, following the release of a mixed UK jobs report. Data showed that the number of people employed in Britain rose … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the ECB’s April monetary policy meeting minutes

Posted on May 19, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1223, after the Euro-zone’s final consumer price index (CPI) reading confirmed that the region fell back into deflation in April. Data … Continue reading →

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Trading Signals as per 18-May-2016

Posted on May 18, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1228 1.1288 USD/CHF BUY Active 0.9788 0.9868 EUR/JPY SELL Active 123.92 122.82 NZD/USD BUY Active 0.6738 0.6802 GBP/CHF BUY Active 1.4106 1.4249 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, ahead of the EIA’s weekly crude oil inventory data

Posted on May 18, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.45, amid a new wildfire threat on Canadian oil supplies. Additionally, the American Petroleum Institute (API) reported that US oil inventories … Continue reading →

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

Posted on May 18, 2016 by GCI Financial

Silver Movement Silver prices rose 0.49% to USD 17.29 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.23, with the silver trading 0.32% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on May 18, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24-hour period ending 23:00GMT, at 1280.60 per ounce, amid a broad slump in global equity markets. Separately, gold holdings in the SPDR Gold Trust, the world’s largest … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on May 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.45% against the USD to close at 0.7321. LME Copper prices declined 0.14% or $6.5/MT to $4634.0/MT. Aluminium prices rose 0.43% or $6.5/MT to $1532.0/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 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.2908, after US consumer prices advanced above expectations in April. In economic news, Canada’s manufacturing shipments fell less-than-anticipated by 0.9% MoM … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the morning session

Posted on May 18, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9801, following the release of upbeat US consumer price index data. On the economic front, Switzerland’s producer and import price index … Continue reading →

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