Monthly Archives: October 2016

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

Posted on October 7, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the JPY and closed at 103.93. In the Asian session, at GMT0300, the pair is trading at 103.77, with the USD trading 0.15% lower against the … Continue reading →

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GBP/USD: Pound trading lower, ahead of key economic releases in the UK

Posted on October 7, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.07% against the USD and closed at 1.2613. In the Asian session, at GMT0300, the pair is trading at 1.2433, with the GBP trading 1.43% lower against the … Continue reading →

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EUR/USD: Monetary stimulus will continue until March 2017 as Euro-zone growth remains sluggish: ECB minutes

Posted on October 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.5% against the USD and closed at 1.1145, after minutes of the European Central Bank’s (ECB) recent monetary policy meeting indicated that financing conditions in the Euro-zone would … Continue reading →

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Trading Signals as per 6-October-2016

Posted on October 6, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1232 1.1182 USD/CHF SELL Active 0.9802 0.9732 USD/JPY SELL Active 103.82 103.22 EUR/JPY SELL Active 116.52 115.62 GBP/CHF SELL Active 1.2466 1.2359 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 weaker footing this morning

Posted on October 6, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.04% against the USD and closed at USD49.68 per barrel, after data indicated fifth unexpected weekly draw in crude oil inventories. The Energy Information Administration (EIA) reported … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on October 6, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.25% against the USD and closed at USD17.82. In the Asian session, at GMT0300, the pair is trading at 17.75, with the silver trading 0.36% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on October 6, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1270.30 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1268.40, with the … Continue reading →

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AUD/USD: Australia’s trade deficit narrowed more than expected in August

Posted on October 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7609. LME Copper prices declined 0.27% or $13.0/MT to $4775.5/MT. Aluminium prices declined 0.48% or $8.0/MT to $1662.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s trade deficit contracted to its lowest level in eight months in August

Posted on October 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3186. In economic news, Canada’s international merchandise trade deficit narrowed to C$1.94 billion in August, hitting its lowest level in eight … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s inflation data

Posted on October 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CHF and closed at 0.9736. In the Asian session, at GMT0300, the pair is trading at 0.9744, with the USD trading 0.08% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher this morning

Posted on October 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 103.47. In the Asian session, at GMT0300, the pair is trading at 103.43, with the USD trading slightly lower against the … Continue reading →

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