Monthly Archives: July 2016

GBP/USD: UK’s annual CPI rose more than expected in June

Posted on July 20, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.23% against the USD and closed at 1.3108. In economic news, UK’s consumer price index advanced by 0.2% MoM in June, in line with market expectations and compared … Continue reading →

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EUR/USD: Economic sentiment deteriorated in July across the Euro-zone post ‘Brexit’ vote

Posted on July 20, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.53% against the USD and closed at 1.1014, after ZEW survey data indicated that investor sentiment in Germany as well as Euro-zone deteriorated on concerns that the UK’s … Continue reading →

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Trading Signals as per 19-July-2016

Posted on July 19, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.3042 1.2952 AUD/USD SELL Active 0.7552 0.7472 EUR/JPY BUY Active 116.08 117.98 NZD/USD SELL Active 0.7070 0.6993 GBP/CHF BUY Active 1.2872 1.3034 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 on a weaker footing, ahead of the API’s weekly crude oil inventory data

Posted on July 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.16% against the USD and closed at 45.28, on renewed supply glut concerns. Data intelligence company, Genscape, reported that the Cushing, Oklahoma delivery hub for US crude … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.86% against the USD and closed at 20.12, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.98, with the silver trading … Continue reading →

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Gold: Yellow metal trading a tad higher in the Asian session

Posted on July 19, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.64% against the USD and closed at USD1329.2 per ounce, amid a rally in global equities. In the Asian session, at GMT0300, the pair is trading at 1329.4, with … Continue reading →

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AUD/USD: Rising Australian Dollar could complicate recovery: RBA minutes

Posted on July 19, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7600. LME Copper prices declined 2.15% or $106.5/MT to $4839.0/MT. Aluminium prices declined 2.2% or $37.0/MT to $1645.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing in the Asian session

Posted on July 19, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.2933. In the Asian session, at GMT0300, the pair is trading at 1.2982, with the USD trading 0.38% higher against the … Continue reading →

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

Posted on July 19, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CHF and closed at 0.9824. In economic news, Switzerland’s total sight deposits rose slightly to a level of CHF511.0 billion for the week ended July … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on July 19, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the JPY and closed at 106.16. In the Asian session, at GMT0300, the pair is trading at 105.91, with the USD trading 0.24% lower against the … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s consumer price index data

Posted on July 19, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3249. Yesterday, the Bank of England (BoE) policymaker, Martin Weale, suggested that the central bank should take into consideration the uncertainty … Continue reading →

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