Monthly Archives: October 2016

USD/CAD: Best plan is to wait and see, says BoC Governor

Posted on October 25, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3343. The Canadian Dollar gained ground, after the Bank of Canada (BoC) Governor, Stephen Poloz, stated that the central bank is … Continue reading →

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USD/CHF: Swiss National Bank could cut rates further if needed: SNB’s Thomas Jordan

Posted on October 25, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CHF and closed at 0.9939. Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, stated that the central bank could cut its negative interest rates … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on October 25, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 104.32. In economic news, data showed that Japan’s final leading economic index rose to a level of 100.9 in August, compared … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of the BoE Governor’s speech

Posted on October 25, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.2218. In economic news, UK’s CBI industrial trends total orders surprisingly dropped to a level of -17.0 in October, whereas markets … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI jumped to a 30-month high level in October

Posted on October 25, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0871, after the Euro-zone’s manufacturing and services sector showed strong performance in October, indicating economic recovery picked up pace in the … Continue reading →

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Trading Signals as per 24-October-2016

Posted on October 24, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0922 1.0872 USD/CHF BUY Active 0.9908 0.9958 USD/CAD SELL Active 1.3402 1.3302 AUD/USD SELL Active 0.7672 0.7622 NZD/USD BUY Active 0.7128 0.7180 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 morning session

Posted on October 24, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.45% against the USD and closed at USD50.88 on Friday, as upbeat comments from Russian Energy Minister boosted investor sentiment. The Russian Energy Minister, Alexander Novak, stated … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 24, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined marginally against the USD and closed at USD17.54 on Friday. In the Asian session, at GMT0300, the pair is trading at 17.50, with the silver trading 0.23% lower from … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on October 24, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.09% against the USD and closed at USD1268.10 per ounce on Friday, as uncertainty surrounding the outcome of the US Presidential election increased demand for the precious yellow metal. … Continue reading →

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AUD/USD: Aussie trading a tad lower in the morning session

Posted on October 24, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.31% against the USD and closed at 0.7600 on Friday. LME Copper prices rose 0.08% or $3.5/MT to $4637.0/MT. Aluminium prices rose 0.28% or $4.5/MT to $1617.0/MT. In … Continue reading →

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USD/CAD: Canada’s retail sales surprisingly declined in August

Posted on October 24, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CAD and closed at 1.3323 on Friday. The Canadian Dollar lost ground, after Canada’s retail sales unexpectedly dropped by 0.1% on a monthly basis in … Continue reading →

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