Monthly Archives: October 2016

GBP/USD: UK’s ILO unemployment remained steady at an 11-year low in June-August period

Posted on October 20, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2289. In economic news, data showed that UK’s ILO unemployment rate remained unchanged at an eleven-year low level of 4.9% during … Continue reading →

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EUR/USD: Euro-zone’s construction output deteriorated for the first time in five months in August

Posted on October 20, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.0977. On the data front, Euro-zone’s seasonally adjusted construction output slid 0.9% on a monthly basis in August, dropping for the … Continue reading →

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Trading Signals as per 19-October-2016

Posted on October 19, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9858 0.9918 USD/JPY BUY Active 103.38 103.98 USD/CAD SELL Active 1.3152 1.3072 AUD/USD BUY Active 0.7658 0.7708 NZD/USD BUY Active 0.7171 0.7231 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 EIA’s weekly crude oil inventory data

Posted on October 19, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.32% against the USD and closed at USD50.79 per barrel, after the American Petroleum Institute (API) reported an unexpected draw of 3.8 million barrels in the US … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on October 19, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.89% against the USD and closed at USD17.63. In the Asian session, at GMT0300, the pair is trading at 17.65, with the silver trading 0.11% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on October 19, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.54% against the USD and closed at USD1263.00 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1264.50, with the … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on October 19, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.51% against the USD and closed at 0.7667. LME Copper prices declined 0.13% or $6.0/MT to $4665.5/MT. Aluminium prices rose 1.12% or $18.5/MT to $1663.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of the BoC’s interest rate decision

Posted on October 19, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3108. On the data front, Canada’s manufacturing shipments rose by 0.9% MoM in August, rising to its highest level in seven … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on October 19, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9894. In the Asian session, at GMT0300, the pair is trading at 0.9885, with the USD trading 0.09% lower against the … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on October 19, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the JPY and closed at 103.87. In the Asian session, at GMT0300, the pair is trading at 103.72, with the USD trading 0.14% lower against the … Continue reading →

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GBP/USD: UK’s annual inflation accelerated at fastest pace in nearly two years in September

Posted on October 19, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.2298, after UK’s consumer price index (CPI) jumped by 1.0% YoY in September, advancing at the fastest pace in nearly two … Continue reading →

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