Monthly Archives: December 2016

GBP/USD: UK’s ILO unemployment rate at eleven year low in the three months to October

Posted on December 15, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.95% against the USD and closed at 1.2539. In econo0mic news, data showed that UK’s ILO unemployment rate remained steady at an eleven-year low level of 4.8% in … Continue reading →

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EUR/USD: Euro-zone’s industrial production surprisingly dropped in October

Posted on December 15, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.94% against the USD and closed at 1.0632, after the Euro-zone’s seasonally adjusted industrial production unexpectedly declined 0.1% on a monthly basis in October, falling for the second … Continue reading →

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Trading Signals as per 14-December-2016

Posted on December 14, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0608 1.0678 USD/CHF SELL Active 1.0162 1.0082 GBP/USD BUY Active 1.2588 1.2688 USD/CAD BUY Active 1.3078 1.3138 NZD/USD SELL Active 0.7240 0.7187 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 extended its losses in the Asian session

Posted on December 14, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.3% against the USD and closed at USD52.39 per barrel, after the American Petroleum Institute (API) reported an unexpected rise of 4.7 million barrels in the US … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on December 14, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.05% against the USD and closed at USD16.98 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.02, with the … Continue reading →

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Gold: Yellow metal trading higher, ahead of Fed’s interest rate decision

Posted on December 14, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1160.10 per ounce, on expectations of an interest rate hike by the US Federal Reserve (Fed) later today. In the Asian session, … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence declined further in December

Posted on December 14, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.7492. LME Copper prices rose 0.15% or $8.5/MT to $5765.5/MT. Aluminium prices rose 0.31% or $5.5/MT to $1755.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the morning session

Posted on December 14, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3131. In the Asian session, at GMT0400, the pair is trading at 1.3134, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s ZEW survey

Posted on December 14, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0121. In the Asian session, at GMT0400, the pair is trading at 1.0108, with the USD trading 0.13% lower against the … Continue reading →

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USD/JPY: Japanese industrial production registered a revised flat reading in October

Posted on December 14, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the JPY and closed at 115.24. In the Asian session, at GMT0400, the pair is trading at 115.19, with the USD trading a tad lower against … Continue reading →

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GBP/USD: UK’s annual inflation jumped to two year high in November

Posted on December 14, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2659. On the economic front, Britain’s consumer price index (CPI) advanced more-than-anticipated by 1.2% YoY in November, hitting its highest rate … Continue reading →

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