Monthly Archives: July 2016

EUR/USD: German economy to grow strongly in coming months despite Brexit risks: Bundesbank

Posted on July 19, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.02% against the USD and closed at 1.1069. According to the Bundesbank monthly report, Germany’s economy will rebound in the third quarter of this year after facing potential … Continue reading →

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Trading Signals as per 18-July-2016

Posted on July 18, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3078 1.3308 USD/CHF SELL Active 0.9882 0.9822 USD/JPY SELL Active 106.32 105.22 AUD/USD BUY Active 0.7568 0.7628 EUR/JPY SELL Active 117.62 116.22 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 Asian session

Posted on July 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.21% against the USD and closed at 45.96, after strong economic data from the US and China boosted the demand outlook for the commodity. However, gains in … Continue reading →

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Silver: White metal trading lower this morning

Posted on July 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.93% against the USD and closed at 20.17, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.04, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on July 18, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.40% against the USD and closed at USD 1328.6 per ounce, after robust US economic data led to a broad strength in the greenback and dented demand for the … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on July 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7596. LME Copper prices rose 0.69% or $34.0/MT to $4945.5/MT. Aluminium prices rose 0.6% or $10.0/MT to $1682.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on July 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.2932. In economic news, Canada’s existing home sales declined by 0.9% on a monthly basis in June, falling for second consecutive … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on July 18, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9827. In the Asian session, at GMT0300, the pair is trading at 0.9834, with the USD trading 0.07% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on July 18, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the JPY and closed at 105.42. In the Asian session, at GMT0300, the pair is trading at 105.51, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: Britain’s construction sector slumped in May, in run-up to the referendum

Posted on July 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.9% against the USD and closed at 1.3218, after UK’s construction output declined more-than-expected by 2.1% MoM in May, following a revised rise of 2.8% in the previous … Continue reading →

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EUR/USD: Euro extends its losses in the morning session

Posted on July 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1067. In economic news, the Euro-zone’s consumer price index advanced 0.2% MoM in June, at par with market expectations and following … Continue reading →

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