Monthly Archives: September 2016

EUR/USD: Euro trading higher, ahead of the Euro-zone’s final Q2 GDP data

Posted on September 6, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1143, after the final reading of the Euro-zone’s Markit services PMI unexpectedly dropped to a level of 52.8 in August, compared … Continue reading →

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Trading Signals as per 5-September-2016

Posted on September 5, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1222 1.1152 GBP/USD BUY Active 1.3248 1.3338 AUD/USD SELL Active 0.7642 0.7582 EUR/JPY SELL Active 116.02 115.22 NZD/USD BUY Active 0.7283 0.7355 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 reverses its gains in the Asian session

Posted on September 5, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.52% against the USD for the 24-hour period ending Friday 23:00GMT, closing at 44.21, after Russian President, Vladimir Putin, voiced his support for the Organisation of the Petroleum Exporting Countries’ attempt to implement … Continue reading →

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Silver: White metal trading lower this morning

Posted on September 5, 2016 by GCI Financial

Silver Movement Silver prices rose 2.63% to USD 19.48 per ounce during the 24 hours ending Friday 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.44, with the silver trading 0.21% … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the morning session

Posted on September 5, 2016 by GCI Financial

Gold Movement Gold prices traded 0.79% higher against the USD in the 24-hour period ending Friday 23:00GMT, at USD1328.30 per ounce, after weaker-than-expected US non-farm payrolls data lessened the likelihood of a near-term Federal Reserve interest rate hike. In the … Continue reading →

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AUD/USD: Australia’s services sector activity deteriorates in August

Posted on September 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.20% against the USD on Friday to close at 0.7567. LME Copper prices declined 0.28% or $13.0/MT to $4607.0/MT. Aluminium prices rose 0.32% or $5.0/MT to $1592.0/MT. In … Continue reading →

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USD/CAD: Canada’s trade deficit narrowed in July as exports climbed during the month

Posted on September 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD on Friday to close at 1.2985. The Canadian Dollar gained ground after Canada’s international merchandise trade deficit narrowed to C$2.5 billion in July, as … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on September 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF on Friday and closed at 0.9798. In the Asian session, at GMT0300, the pair is trading at 0.9791, with the USD trading 0.07% lower … Continue reading →

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USD/JPY: Japan’s services sector contracts in August

Posted on September 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.80% against the JPY on Friday and closed at 104.01. In economic news, Japan’s consumer confidence index rose above expectations to a level of 42.0 in August, notching … Continue reading →

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GBP/USD: British PM warns of ‘difficult times ahead’ for UK economy

Posted on September 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3294 on Friday, after UK’s construction PMI advanced more-than-expected to a 3-month high level of 49.2 in August, after registering a … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the Markit services PMI data across the Euro zone

Posted on September 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD on Friday and closed at 1.1157. In economic news, the Euro zone’s producer price index (PPI) rose 0.1% MoM in July and met market … Continue reading →

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