Monthly Archives: August 2016

AUD/USD: Aussie trading higher, ahead of the RBA’s monetary policy statement

Posted on August 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7586. LME Copper prices declined 0.84% or $41.0/MT to $4844.5/MT. Aluminium prices declined 0.95% or $15.5/MT to $1620.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on August 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD and closed at 1.3067. In the Asian session, at GMT0300, the pair is trading at 1.3065, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher, ahead of SECO consumer confidence data

Posted on August 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CHF and closed at 0.9723. In the Asian session, at GMT0300, the pair is trading at 0.9718, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s service sector contracted sharply in July following Brexit vote

Posted on August 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.3328, after UK’s final Markit services PMI eased to a level of 47.4 in July, in line with market expectations, contracting … Continue reading →

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Trading Signals as per 03-August-2016

Posted on August 3, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9692 0.9642 USD/JPY SELL Active 101.82 100.62 USD/CAD BUY Active 1.3068 1.3158 EUR/JPY BUY Active 112.48 113.68 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading on a stronger footing, ahead of the EIA’s weekly crude oil inventory data

Posted on August 3, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at 39.69, extending its previous session losses. However, the American Petroleum Institute (API) disclosed that US crude stockpiles fell by 1.3 … Continue reading →

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Silver: White metal extends its gains this morning

Posted on August 3, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.8% against the USD and closed at 20.67. In the Asian session, at GMT0300, the pair is trading at 20.68, with the silver trading 0.07% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on August 3, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.74% against the USD and closed at USD1370.3 per ounce, on the back of weakness in global equities. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on August 3, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.08% against the USD and closed at 0.7605. LME Copper prices declined 0.44% or $21.5/MT to $4885.5/MT. Aluminium prices declined 0.61% or $10.0/MT to $1635.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on August 3, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3103. Macroeconomic data indicated that, Canada’s RBC manufacturing PMI inched higher to a level of 51.9 in July, following a level … Continue reading →

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

Posted on August 3, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9642. On the data front, Switzerland’s real retail sales eased by 3.9% on an annual basis in June, more than market … Continue reading →

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