Monthly Archives: September 2016

USD/JPY: Japan’s GDP growth slightly revised upwards in 2Q 2016

Posted on September 8, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 101.68. In economic news, Japan’s preliminary leading index surprisingly advanced to a level of 100.0 in July, from a reading of … Continue reading →

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GBP/USD: UK’s manufacturing production dropped in July

Posted on September 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.3338, after UK’s manufacturing production declined more-than-expected by 0.9% MoM in July, in the aftermath of the shock Brexit vote, recording … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB’s interest rate decision

Posted on September 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1239, after Germany’s seasonally adjusted industrial production surprisingly fell 1.5% MoM in July, following a revised 1.1% gain in the previous … Continue reading →

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Trading Signals as per 7-September-2016

Posted on September 7, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1188 1.1268 GBP/USD BUY Active 0.9648 0.9728 USD/JPY BUY Active 100.88 102.18 USD/CAD BUY Active 1.2798 1.2868 NZD/USD SELL Active 0.7529 0.7440 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 higher, ahead of the API’s weekly crude oil inventory data

Posted on September 7, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.67% against the USD for the 24-hour period ending 23:00GMT, closing at USD44.73 per barrel, erasing its previous day’s strong gains, as hopes waned that major oil producers will reach an agreement to … Continue reading →

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

Posted on September 7, 2016 by GCI Financial

Silver Movement Silver prices rose 2.40% to USD 20.07 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.13, with the silver trading 0.32% higher … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on September 7, 2016 by GCI Financial

Gold Movement Gold prices traded 1.69% higher against the USD in the 24-hour period ending 23:00GMT, at USD1353.00 per ounce, as the greenback tumbled across the board after disappointing US services sector data made it unlikely for the US Federal … Continue reading →

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AUD/USD: Australian economy grew at its fastest annual pace in four years in Q2

Posted on September 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.23% against the USD to close at 0.7676. LME Copper prices rose 0.43% or $20.0/MT to $4623.0/MT. Aluminium prices rose 0.32% or $5.0/MT to $1573.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of the BoC’s interest rate decision

Posted on September 7, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CAD to close at 1.2853. In the Asian session, at GMT0300, the pair is trading at 1.2842, with the USD trading 0.09% lower against the … Continue reading →

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USD/CHF: Swiss economic growth beats forecasts in 2Q 2016

Posted on September 7, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.95% against the CHF and closed at 0.9703. The Swiss Franc gained ground after data showed that Switzerland’s GDP advanced above expectations by 0.6% QoQ in 2Q 2016, … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing in the morning session

Posted on September 7, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.28% against the JPY and closed at 102.10. In the Asian session, at GMT0300, the pair is trading at 101.44, with the USD trading 0.65% lower against the … Continue reading →

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