Monthly Archives: September 2016

Gold: Yellow metal trading a tad higher this morning

Posted on September 14, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.79% against the USD and closed at USD1321.80 per ounce, amid a broad strength in the greenback. Holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell … Continue reading →

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AUD/USD: Australia’s consumer confidence edges up in September

Posted on September 14, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.34% against the USD and closed at 0.7458. LME Copper prices rose 1.5% or $68.5/MT to $4641.5/MT. Aluminium prices rose 0.71% or $11.0/MT to $1556.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher in the Asian session

Posted on September 14, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CAD and closed at 1.3158. In the Asian session, at GMT0300, the pair is trading at 1.3154, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s ZEW survey data

Posted on September 14, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.9764. On the data front, Switzerland’s producer and import prices declined by 0.3% on a monthly basis in August, compared to … Continue reading →

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USD/JPY: Japan’s industrial production surprisingly declined in July

Posted on September 14, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the JPY and closed at 102.48. In the Asian session, at GMT0300, the pair is trading at 102.98, with the USD trading 0.49% higher against the … Continue reading →

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GBP/USD: UK’s annual inflation held steady in August

Posted on September 14, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.05% against the USD and closed at 1.3192, after UK’s consumer price index (CPI) advanced less-than-anticipated by 0.3% on a monthly basis in August, thus keeping the door … Continue reading →

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EUR/USD: German inflation remained flat in August

Posted on September 14, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1213, after Germany’s final consumer price index remained flat on a monthly basis in August, in line with market expectations and … Continue reading →

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Trading Signals as per 13-September-2016

Posted on September 13, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1282 1.1202 USD/CHF BUY Active 0.9678 0.9748 USD/JPY BUY Active 101.28 102.28 NZD/USD SELL Active 0.7371 0.7303 AUD/USD BUY Active 0.7478 0.7548 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 September 13, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24-hour period ending 23:00GMT, closing at USD46.04 per barrel, reversing its previous session losses, amid a broad weakness in the greenback. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on September 13, 2016 by GCI Financial

Silver Movement Silver prices rose 0.44% to USD 19.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.30, with the silver trading 0.44% higher from yesterday’s close, extending its … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on September 13, 2016 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24-hour period ending 23:00GMT, at USD1331.30 per ounce. However, gold prices pared losses, after a top US Federal Reserve official quelled expectations of an interest rate hike this … Continue reading →

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