Monthly Archives: September 2016

USD/CAD: Loonie trading lower in the morning session

Posted on September 23, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD and closed at 1.3039. In the Asian session, at GMT0300, the pair is trading at 1.3069, with the USD trading 0.23% higher against the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on September 23, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9688. In the Asian session, at GMT0300, the pair is trading at 0.9699, with the USD trading 0.11% higher against the … Continue reading →

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USD/JPY: Japan’s manufacturing PMI expanded in September

Posted on September 23, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the JPY and closed at 100.8. In the Asian session, at GMT0300, the pair is trading at 101.09, with the USD trading 0.29% higher against the … Continue reading →

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GBP/USD: No need for additional easing: BoE’s Forbes

Posted on September 23, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.35% against the USD and closed at 1.3077, after the Bank of England (BoE) policymaker, Kristen Forbes, stated that there is no need for a further cut in … Continue reading →

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EUR/USD: China and Brexit pose risks to global growth: ECB

Posted on September 23, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.1207. Yesterday, in its economic bulletin report, the European Central Bank (ECB) indicated that employment in the common currency region is … Continue reading →

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Trading Signals as per 22-September-2016

Posted on September 22, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1188 1.1258 GBP/USD BUY Active 1.2978 1.3098 USD/CAD BUY Active 1.2938 1.3098 AUD/USD BUY Active 0.7618 0.7698 EUR/JPY SELL Active 113.92 112.52 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 stronger footing in the Asian session

Posted on September 22, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD45.56 per barrel, extending its previous session gains, after the Energy Information Administration (EIA) reported that US crude oil inventories … Continue reading →

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Silver: White metal trading slightly higher in the Asian session

Posted on September 22, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.16% against the USD and closed at USD 19.91, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.915, with the silver … Continue reading →

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Gold: Yellow metal trading a tad lower this morning

Posted on September 22, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.45% against the USD and closed at USD1337.70 per ounce, after the US Federal Reserve held benchmark interest rate steady. Holdings in SPDR Gold Trust, the world’s largest gold-backed … Continue reading →

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AUD/USD: Aussie trading slightly lower in the Asian session

Posted on September 22, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.03% against the USD and closed at 0.7633. LME Copper prices rose 0.01% or $0.5/MT to $4733.0/MT. Aluminium prices rose 0.45% or $7.0/MT to $1570.0/MT. In the Asian … Continue reading →

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USD/CAD: OECD slashes Canada’s economic growth forecast for 2016 and 2017

Posted on September 22, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD and closed at 1.3080. Yesterday, the Organization for Economic Co-operation and Development (OECD) slashed Canada’s growth forecast and has again warned of the risk … Continue reading →

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