Monthly Archives: June 2016

GBP/USD: IMF revives recession warning for the UK over Brexit

Posted on June 20, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.07% against the USD and closed at 1.4361. In the Asian session, at GMT0300, the pair is trading at 1.4588, with the GBP trading 1.58% higher against the … Continue reading →

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s construction output data

Posted on June 20, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1277. In economic news, the Euro-zone’s seasonally adjusted current account surplus widened to €36.2 billion in April, following a revised surplus … Continue reading →

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Trading Signals as per 17-June-2016

Posted on June 17, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1342 1.1192 USD/CAD BUY Active 1.2858 1.2988 AUD/USD SELL Active 0.7432 0.7342 NZD/USD SELL Active 0.7098 0.7011 GBP/USD SELL Active 1.4412 1.4152 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 below its MA’s

Posted on June 17, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.95% against the USD for the 24-hour period ending 23:00GMT, closing at 46.07, dropping for the sixth straight session, on concerns of global economic turmoil if Britain chooses to exit the European Union. … Continue reading →

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Silver: White metal trading higher this morning

Posted on June 17, 2016 by GCI Financial

Silver Movement Silver prices declined 1.65% to USD 17.27 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 17.34, with the silver trading 0.41% higher … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on June 17, 2016 by GCI Financial

Gold Movement Gold prices traded 0.86% lower against the USD in the 24-hour period ending 23:00GMT, at USD 1284.20 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1285.30, with the … Continue reading →

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

Posted on June 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.7365. LME Copper prices declined 2.32% or $107.5/MT to $4524.5/MT. Aluminium prices declined 1.30% or $21.0/MT to $1592.5MT. In the Asian … Continue reading →

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

Posted on June 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2952. In the Asian session, at GMT0300, the pair is trading at 1.2916, with the USD trading 0.28% lower against the … Continue reading →

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USD/CHF: SNB keeps interest rate steady

Posted on June 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CHF and closed at 0.9653. Yesterday, the Swiss National Bank (SNB) held the benchmark interest rate steady at -0.75%, as widely expected. The SNB Chairman, … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the morning session

Posted on June 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.43% against the JPY and closed at 104.34. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, expressed confidence in the central bank’s monetary stimulus policy and indicated … Continue reading →

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GBP/USD: BoE maintains status quo, ups ante on Brexit warning

Posted on June 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.4209, after the Bank of England (BoE) policymakers voted 9-0 to hold the interest rate at a record low 0.50% and … Continue reading →

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