Monthly Archives: October 2016

EUR/USD: IMF raised Euro-zone’s growth forecast despite Brexit

Posted on October 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1205. Yesterday, the International Monetary Fund (IMF), in its latest report on the global economic outlook, revised Euro-zone’s growth forecast for … Continue reading →

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Trading Signals as per 04-October-2016

Posted on October 4, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9748 0.9848 USD/CAD SELL Active 1.3232 1.3122 AUD/USD BUY Active 0.7628 0.7688 EUR/JPY BUY Active 113.88 114.78 GBP/CHF BUY Active 1.2421 1.2549 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 lower, ahead of the API’s weekly crude oil inventory data

Posted on October 4, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.63% against the USD and closed at USD48.76 per barrel, after Iranian President, Hassan Rouhani, urged other oil producers to join OPEC to stabilise oil market. In … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on October 4, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.3% against the USD and closed at USD18.90, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.84, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 4, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.57% against the USD and closed at USD1314.20 per ounce, as robust US manufacturing data for September boosted gains in the greenback. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: RBA leaves key interest rate unchanged at 1.50%

Posted on October 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7686. LME Copper prices declined 0.52% or $25.0/MT to $4807.0/MT. Aluminium prices declined 0.51% or $8.5/MT to $1650.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s RBC manufacturing PMI at seven-month low level in September

Posted on October 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.01% against the CAD and closed at 1.3114. On the data front, Canada’s RBC manufacturing PMI eased to a level of 50.3 in September, hitting its lowest level … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on October 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9731. On the economic front, Switzerland’s real retail sales eased by 3.0% on an annual basis, in August, compared to a … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on October 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 101.66. In the Asian session, at GMT0300, the pair is trading at 102.22, with the USD trading 0.55% higher against the … Continue reading →

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GBP/USD: UK manufacturing activity hits highest level since June 2014 in September

Posted on October 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.2847. In economic news, data showed that UK’s seasonally adjusted Markit manufacturing PMI unexpectedly climbed to a level of 55.4 in … Continue reading →

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EUR/USD: Euro-zone’s manufacturing activity picked up in September

Posted on October 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1213. Meanwhile, Euro-zone’s final Markit manufacturing PMI advanced to a level of 52.6 in September, in line with market expectations and … Continue reading →

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