Monthly Archives: August 2016

USD/JPY: Japanese trade surplus contracted in July amid strength in the Japanese Yen

Posted on August 18, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the JPY and closed at 99.96. In the Asian session, at GMT0300, the pair is trading at 100.02, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: UK labour market indicated little sign of immediate Brexit impact

Posted on August 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3041. Macroeconomic data revealed that the UK’s ILO unemployment rate remained steady at the lowest level in more than 10 years … Continue reading →

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EUR/USD: Fed officials appear to be largely divided over whether to hike rates soon: FOMC minutes

Posted on August 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1292. The greenback lost ground against the major peers, after minutes from the US Federal Reserve’s recent monetary policy meeting shed … Continue reading →

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Trading Signals as per 17-August-2016

Posted on August 17, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9568 0.9668 AUD/USD BUY Active 0.7578 0.7658 EUR/JPY SELL Active 114.22 113.02 NZD/USD BUY Active 0.7176 0.7277 GBP/CHF SELL Active 1.2618 1.2481 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 weaker footing, ahead of the EIA’s weekly crude oil inventory data

Posted on August 17, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.62% against the USD and closed at USD46.36 per barrel, after the American Petroleum Institute (API) revealed that US crude stockpiles fell more-than-expected by 1.0 million barrels … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 17, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.08% against the USD and closed at 19.83. In the Asian session, at GMT0300, the pair is trading at 19.845, with the silver trading 0.1% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on August 17, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1351.8 per ounce, as weakness in the US Dollar increased the demand for the precious metal. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on August 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.7695. LME Copper prices rose 1.10% or $52.0/MT to $4798.0/MT. Aluminium prices rose 1.92% or $31.5/MT to $1676.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on August 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD and closed at 1.2858. In the Asian session, at GMT0300, the pair is trading at 1.2866, with the USD trading 0.06% higher against the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s ZEW survey data

Posted on August 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.14% against the CHF and closed at 0.9613. In the Asian session, at GMT0300, the pair is trading at 0.9620, with the USD trading 0.07% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading lower, ahead of Japan’s merchandise trade balance data due overnight

Posted on August 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.89% against the JPY and closed at 100.27. In the Asian session, at GMT0300, the pair is trading at 100.55, with the USD trading 0.28% higher against the … Continue reading →

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