Monthly Archives: September 2016

USD/CAD: Canadian hiring rebounds, but unemployment rate increases to 7.0% in August

Posted on September 12, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CAD to close at 1.3030 on Friday. On the macroeconomic front, the net number of people employed in Canada rebounded more-than-expected by 26.2 K in … Continue reading →

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USD/CHF: Swiss jobless rate unexpectedly rose in August

Posted on September 12, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9751 on Friday. The Swiss Franc lost ground after data showed that Switzerland’s seasonally adjusted unemployment rate surprisingly rose to a … Continue reading →

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USD/JPY: Japan’s machinery orders unexpectedly advance in July

Posted on September 12, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.30% against the JPY and closed at 102.68 on Friday. In the Asian session, at GMT0300, the pair is trading at 102.57, with the USD trading 0.11% lower … Continue reading →

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GBP/USD: UK’s goods trade deficit shrinks in July

Posted on September 12, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.3270 on Friday. In economic news, UK’s goods trade deficit narrowed to a level of £11.8 billion in July, after reporting … Continue reading →

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EUR/USD: Euro trading higher this morning

Posted on September 12, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1224 on Friday, after data showed that German trade surplus narrowed to a level of €19.5 billion in July, following a … Continue reading →

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Trading Signals as per 9-September-2016

Posted on September 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9668 0.9748 GBP/USD BUY Active 1.3402 1.3282 USD/CAD BUY Active 1.2878 1.2938 AUD/USD SELL Active 0.7692 0.7622 GBP/CHF SELL Active 1.2996 1.2917 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 above its MA’s

Posted on September 9, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.58% against the USD for the 24-hour period ending 23:00GMT, closing at USD47.30 per barrel, after the Energy Information Administration (EIA) reported that US crude stockpiles surprisingly dropped 14.5 million barrels to 511.4 … Continue reading →

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Silver: White metal trading on a weaker footing in the morning session

Posted on September 9, 2016 by GCI Financial

Silver Movement Silver prices declined 0.93% to USD 19.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.685, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on September 9, 2016 by GCI Financial

Gold Movement Gold prices traded 0.52% lower against the USD in the 24-hour period ending 23:00GMT, at USD1342.00 per ounce, extending its previous session losses. Holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, declined 0.13% to 950.62 … Continue reading →

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AUD/USD: Australian home loan approvals plunge in July

Posted on September 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.34% against the USD to close at 0.7645. LME Copper prices declined 0.55% or $25.5/MT to $4617.5/MT. Aluminium prices declined 1.04% or $16.5/MT to $1566.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian building permits bounce back in July

Posted on September 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2922. In economic news, Canada’s building permits rebounded 0.8% MoM in July, after dropping for two consecutive months. Building permits had … Continue reading →

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