Monthly Archives: August 2016

GBP/USD: UK’s annual inflation accelerated to its highest level in twenty months in July

Posted on August 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.22% against the USD and closed at 1.3042, after UK’s consumer price index rose more-than-expected by 0.6% YoY in July, hitting its highest level since November 2014. Markets … Continue reading →

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EUR/USD: Investor sentiment improved across the Euro-zone in August

Posted on August 17, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.81% against the USD and closed at 1.1275, after the ZEW economic sentiment index in the Eurozone rebounded to a level of 4.6 in August, indicating that investor … Continue reading →

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Trading Signals as per 16-August-2016

Posted on August 16, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9692 0.9592 GBP/USD BUY Active 1.2918 1.3028 USD/CAD SELL Active 1.2882 1.2772 AUD/USD SELL Active 0.7792 0.7702 EUR/JPY SELL Active 113.32 112.32 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, ahead of the API’s weekly crude oil inventory data

Posted on August 16, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.65% against the USD and closed at USD45.62 per barrel, as speculations intensified that major oil producers would agree to freeze production. In the Asian session, at … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 16, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.23% against the USD and closed at 19.84, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.91, with the silver trading … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on August 16, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1344.9 per ounce, amid a weaker greenback. In the Asian session, at GMT0300, the pair is trading at 1350.1, with the gold … Continue reading →

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AUD/USD: RBA minutes paint a confounding picture on future path of interest rates

Posted on August 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.39% against the USD and closed at 0.7676. LME Copper prices traded flat to trade at $4746.0/MT. Aluminium prices rose 0.58% or $9.5/MT to $1644.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower this morning

Posted on August 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2919. On the data front, Canada’s existing home sales eased 1.3% on a monthly basis in July, declining for the third … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on August 16, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 0.9724. In economic news, Switzerland’s producer and import price index dropped 0.1% on a monthly basis in July, compared to an … Continue reading →

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

Posted on August 16, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the JPY and closed at 101.17. In the Asian session, at GMT0300, the pair is trading at 100.59, with the USD trading 0.57% lower against the … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of the UK’s July inflation data

Posted on August 16, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2885. In the Asian session, at GMT0300, the pair is trading at 1.2892, with the GBP trading slightly higher against the … Continue reading →

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