Monthly Archives: June 2016

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

Posted on June 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.50% against the USD to close at 0.7486. LME Copper prices rose 0.03% or $1.5/MT to $4590.5/MT. Aluminium prices rose 3.57% or $55.0/MT to $1596.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s review report

Posted on June 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.2691. In economic news, Canada’s housing starts dropped to a level of 188.6K in May, compared to a revised reading of … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher, ahead of Switzerland’s unemployment rate data

Posted on June 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CHF and closed at 0.9581. In economic news, Switzerland’s consumer price index (CPI) advanced less-than-expected by 0.1% MoM in May, compared to a 0.3% rise … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on June 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 106.90. In economic news, Japan’s Eco Watchers index for current situation fell more-than-expected to an 18-month low level of 43.0 in … Continue reading →

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GBP/USD: Britain’s industrial production surged in April

Posted on June 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.4509. On the economic front, UK’s industrial production surprisingly advanced by 2.0% MoM in April, its strongest monthly gain since July … Continue reading →

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EUR/USD: Euro trading higher, ahead of ECB Chief, Mario Draghi’s speech

Posted on June 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1398. In economic news, French business sentiment index surprisingly fell to a level of 97.0 in May, from a reading of … Continue reading →

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Trading Signals as per 08-June-2016

Posted on June 8, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1412 1.1352 GBP/USD BUY Active 1.4468 1.4598 USD/JPY BUY Active 106.58 107.38 AUD/USD SELL Active 0.7482 0.7422 GBP/CHF BUY Active 1.3962 1.4099 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 June 8, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.61% against the USD for the 24-hour period ending 23:00GMT, closing at 50.40, hitting 2016 highs, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 3.6 million barrels … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 8, 2016 by GCI Financial

Silver Movement Silver prices declined 0.39% to USD 16.40 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 16.47, with the silver trading 0.43% higher … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the morning session

Posted on June 8, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24-hour period ending 23:00GMT, at USD 1246.50 per ounce, after two consecutive sessions of gains, as a broad rally in global equity markets dampened the safe-haven appeal … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on June 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.10% against the USD to close at 0.7449. LME Copper prices declined 2.49% or $117.0/MT to $4589.0/MT. Aluminium prices declined 0.45% or $7.0/MT to $1541.0/MT. In the Asian … Continue reading →

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