Monthly Archives: June 2016

Gold: Yellow metal reverses its gains in the Asian session

Posted on June 10, 2016 by GCI Financial

Gold Movement Gold prices traded 0.55% higher against the USD in the 24-hour period ending 23:00GMT, at USD1271.90 per ounce, extending its previous session gains, amid a broad slump in global equity markets. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Aussie extends its losses in the morning session

Posted on June 10, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.72% against the USD to close at 0.7432. LME Copper prices declined 0.97% or $44.5/MT to $4546.0/MT. Aluminium prices declined 0.28% or $4.5/MT to $1591.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s unemployment rate data

Posted on June 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2721. In economic news, Canada’s new housing price index advanced more-than-expected by 0.3% MoM in April, its fastest increase in six … Continue reading →

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USD/CHF: Swiss jobless rate remains steady in May

Posted on June 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9638. In economic news, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.5% in May, in line with market expectations. In … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on June 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 107.02. In economic news, Japan’s preliminary machine tool orders dropped 25.0% YoY in May, following a 26.3% decline in the previous … Continue reading →

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GBP/USD: UK trade deficit narrowed in April as exports jumped

Posted on June 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.34% against the USD and closed at 1.4460. In economic news, UK’s total trade deficit narrowed to £3.3 billion in April, its smallest trade deficit in seven months, … Continue reading →

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EUR/USD: Euro trading lower, ahead of Germany’s CPI data

Posted on June 10, 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 1.1310. In economic news, Germany’s seasonally adjusted trade surplus unexpectedly rose to a record high level of €24.0 billion in April, … Continue reading →

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Trading Signals as per 09-June-2016

Posted on June 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1432 1.1372 USD/CHF BUY Active 0.9548 0.9608 USD/JPY BUY Active 106.08 106.88 AUD/USD SELL Active 0.7502 0.7442 NZD/USD BUY Active 0.7080 0.7170 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 gains in the morning session

Posted on June 9, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.20% against the USD for the 24-hour period ending 23:00GMT, closing at 51.51, after the Energy Information Administration (EIA) report indicated that US crude oil inventories declined 3.2 million barrels during the week … Continue reading →

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

Posted on June 9, 2016 by GCI Financial

Silver Movement Silver prices rose 4.12% to USD 17.08 per ounce during the 24 hours ending 23:00GMT, tracking gains in bullion prices. In the Asian session, at GMT0300, the pair is trading at 17.185, with the silver trading 0.64% higher … Continue reading →

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Gold: Yellow metal trading flat this morning

Posted on June 9, 2016 by GCI Financial

Gold Movement Gold prices traded 1.48% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1265.00 per ounce, reversing its previous session losses, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the … Continue reading →

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