Monthly Archives: August 2016

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

Posted on August 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 102.39. In the Asian session, at GMT0300, the pair is trading at 102.57, with the USD trading 0.18% higher against the … Continue reading →

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GBP/USD: UK’s manufacturing activity shrank at fastest pace in more than 3 years after Brexit vote

Posted on August 2, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.3184, after UK’s final Markit manufacturing PMI declined to a level of 48.2 in July, touching its lowest level since 2013, … Continue reading →

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Trading Signals as per 01-August-2016

Posted on August 1, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1128 1.1188 GBP/USD BUY Active 1.3128 1.3278 USD/JPY SELL Active 103.12 102.02 EUR/JPY SELL Active 115.32 113.92 USD/CHF SELL Active 0.9752 0.9672 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 stronger footing in the Asian session

Posted on August 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.12% against the USD and closed at 41.46, despite Baker Hughes reporting that the number of active oil rigs in US rose by 3 to 374 last … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on August 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at 20.39, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.61, with the silver trading … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on August 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.36% against the USD and closed at USD1360.4 per ounce, amid weakness in the US Dollar, following dismal US economic data. In the Asian session, at GMT0300, the pair … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on August 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.23% against the USD and closed at 0.7598. LME Copper prices declined 0.19% or $9.0/MT to $4853.0/MT. Aluminium prices rose 1.13% or $18.0/MT to $1616.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economy shrank by 0.6% in May following Alberta wildfires

Posted on August 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CAD and closed at 1.3054. On the data front, Canada’s gross domestic product (GDP) dropped more-than-expected by 0.6% on a monthly basis in May, contracting … Continue reading →

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USD/CHF: Swiss franc extends its gains in the Asian session

Posted on August 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.11% against the CHF and closed at 0.9691. Macroeconomic data indicated that, Switzerland’s KOF leading indicator slightly advanced to a level of 102.7 in July, compared to a … Continue reading →

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

Posted on August 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.65% against the JPY and closed at 102.02. In the Asian session, at GMT0300, the pair is trading at 102.56, with the USD trading 0.53% higher against the … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on August 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.3231. In economic news, data revealed that UK’s mortgage approvals for house purchases fell more-than-forecasted to a level of 64.8K in … Continue reading →

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