Monthly Archives: July 2016

Gold: Yellow metal reverses its losses in the Asian session

Posted on July 12, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.83% against the USD and closed at 1356.10, as hopes of more stimulus from some key central banks led to a rally in global equities. In the Asian session, … Continue reading →

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AUD/USD: Australia’s business confidence rose in June despite Brexit vote

Posted on July 12, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.33% against the USD and closed at 0.7537. LME Copper prices rose 0.76% or $36.0/MT to $4746.0/MT. Aluminium prices rose 0.76% or $12.5/MT to $1653.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on July 12, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD and closed at 1.3111. On the data front, Canada’s seasonally adjusted housing starts advanced more-than-expected to 218.3K on an annual basis in June, after … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on July 12, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9822. In the Asian session, at GMT0300, the pair is trading at 0.9823, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japanese Yen trimmed some of its previous session gains this morning

Posted on July 12, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.99% against the JPY and closed at 102.65. On the data front, Japan’s preliminary machine tool orders fell 19.9% YoY in June, compared to a fall of 24.7% … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of Mark Carney’s speech

Posted on July 12, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.2992. Overnight data indicated that, UK’s BRC retail sales monitor across all sectors dropped 0.5% on an annual basis in June, … Continue reading →

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

Posted on July 12, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.1% against the USD and closed at 1.1059. Macroeconomic data indicated that, the US labour market conditions index fell to a level of -1.9 in June, falling for … Continue reading →

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Trading Signals as per 11-July-2016

Posted on July 11, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9798 0.9878 USD/JPY SELL Active 102.52 101.42 USD/CAD BUY Active 1.3018 1.3098 AUD/USD BUY Active 0.7498 0.7558 EUR/JPY SELL Active 113.22 112.12 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 lower in the Asian session

Posted on July 11, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at 45.24, after oscillating between gains and losses throughout the session. Separately, on Friday, fresh figures from Baker Hughes indicated that … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on July 11, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.71% against the USD and closed at 20.28, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.71, with the silver trading … Continue reading →

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

Posted on July 11, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.2% against the USD and closed at 1364.8. However, gains in the yellow metal were kept in check after better-than-expected US jobs data. In the Asian session, at GMT0300, … Continue reading →

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