Monthly Archives: August 2016

Gold: Yellow metal trading on a weaker footing this morning

Posted on August 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.68% against the USD and closed at USD1344.2 per ounce, as robust US jobs report dented the demand for the safe-haven yellow metal. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on August 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7621. LME Copper prices rose 0.11% or $5.5/MT to $4792.5/MT. Aluminium prices rose 0.74% or $12.0/MT to $1628.0/MT. In the Asian … Continue reading →

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

Posted on August 8, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CAD and closed at 1.3162. The Canadian Dollar lost ground, after data revealed that Canada’s unemployment rate rose to a level of 6.9% in July, … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s inflation data

Posted on August 8, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the CHF and closed at 0.9799. In the Asian session, at GMT0300, the pair is trading at 0.9792, with the USD trading 0.07% lower against the … Continue reading →

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USD/JPY: Japan’s current account surplus shrank in June

Posted on August 8, 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 101.74. In the Asian session, at GMT0300, the pair is trading at 102.11, with the USD trading 0.36% higher against the … Continue reading →

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Trading Signals as per 5-August-2016

Posted on August 5, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.7692 0.7642 USD/JPY SELL Active 101.52 112.98 EUR/JPY BUY Active 112.18 112.98 NZD/USD SELL Active 0.7247 0.7195 GBP/CHF SELL Active 1.2909 1.2739 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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GBP/USD: Bank of England slashed key interest rate to record low of 0.25%

Posted on August 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.63% against the USD and closed at 1.3111, after the Bank of England (BoE) cut its benchmark interest rate for the first time since 2009 to a record … Continue reading →

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Crude Oil: Oil trading on a weaker, ahead of the Baker Hughes weekly rig count data

Posted on August 5, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at 41.78, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 41.74, with the … Continue reading →

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Silver: White metal extends its losses this morning

Posted on August 5, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.29% against the USD and closed at 20.40. In the Asian session, at GMT0300, the pair is trading at 20.37, with the silver trading 0.15% lower from yesterday’s close. … Continue reading →

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

Posted on August 5, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1367.2 per ounce, after the BoE announced a rate cut for the first time since 2009. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Inflation to remain weak until the end of 2018: RBA minutes

Posted on August 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.7626. LME Copper prices declined 1.19% or $57.5/MT to $4787.0/MT. Aluminium prices declined 0.25% or $4.0/MT to $1616.0/MT. In the Asian … Continue reading →

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