Monthly Archives: December 2016

AUD/USD: Aussie trading on a weaker footing this morning

Posted on December 21, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7264. LME Copper prices declined 1.4% or $75.5/MT to $5485.5/MT. Aluminium prices rose 0.3% or $5.5/MT to $1722.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s wholesale sales rebounded in October

Posted on December 21, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CAD and closed at 1.3367. Macroeconomic data revealed that Canada’s wholesale sales rebounded 1.1% MoM in October, compared to a revised drop of 1.5% in … Continue reading →

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USD/CHF: Swiss trade surplus widened in November

Posted on December 21, 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 1.0285. On the data front, trade surplus in Switzerland widened more-than-expected to CHF 3.64 billion in November, following a revised trade … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on December 21, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the JPY and closed at 117.85. In the Asian session, at GMT0400, the pair is trading at 117.66, with the USD trading 0.16% lower against the … Continue reading →

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GBP/USD: Pound trading between its MA’s, ahead of UK’s public sector net borrowing data

Posted on December 21, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.2366. In the Asian session, at GMT0400, the pair is trading at 1.2377, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: German producer prices rise for the first time in three years in November

Posted on December 21, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.0390. In economic news, data indicated that the Euro-zone’s seasonally adjusted current account surplus widened to €28.4 billion in October, following … Continue reading →

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Trading Signals as per 20-December-2016

Posted on December 20, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 1.0208 1.0328 GBP/USD BUY Active 1.2308 1.2438 USD/CAD SELL Active 1.3452 1.3382 EUR/JPY SELL Active 123.32 121.72 GBP/CHF SELL Active 1.2824 1.266 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 previous session gains, ahead of API’s weekly crude oil inventory data

Posted on December 20, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD52.13 per barrel, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 51.91, … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on December 20, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.71% against the USD and closed at USD16.03 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.09, with the silver trading 0.41% higher from … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on December 20, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1139.70 per ounce, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1140.80, with the … Continue reading →

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AUD/USD: Economy tipped to rebound next year: RBA minutes

Posted on December 20, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.43% against the USD and closed at 0.7248. LME Copper prices declined 1.6% or $88.0/MT to $5561.0/MT. Aluminium prices declined 0.9% or $15.5/MT to $1717.0/MT. In the Asian … Continue reading →

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