Monthly Archives: February 2017

EUR/USD: Euro-zone’s economic growth revised lower in the fourth quarter of 2016

Posted on February 15, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.0577, after gross domestic product (GDP) figures across the Euro-zone disappointed with a weaker than estimated growth. Data showed that the … Continue reading →

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Trading Signals as per 14-February-2017

Posted on February 14, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY SELL Active 120.82 120.12 USD/JPY SELL Active 113.82 113.12 AUD/USD BUY Active 0.7648 0.7698 USD/CAD SELL Active 1.3102 1.3022 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading a tad higher in the Asian session

Posted on February 14, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.54% against the USD and closed at USD53.02 per barrel, after the Energy Information Administration (EIA), in its monthly report, forecasted that US shale oil production from … Continue reading →

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Silver: White metal trading between its MA’s

Posted on February 14, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.81% against the USD and closed at 17.82 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.84, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing, ahead of a testimony by the Fed Chief

Posted on February 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.4% against the USD and closed at USD1226.10 per ounce, as strength in the greenback and a rally in global equities dented demand for the precious yellow metal. In … Continue reading →

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AUD/USD: Australia’s NAB business confidence surged to a 3-year high level in January

Posted on February 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7638. LME Copper prices rose 4.1% or $239.0/MT to $6111.0/MT. Aluminium prices rose 1.0% or $18.5/MT to $1867.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the Asian session

Posted on February 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3071. In the Asian session, at GMT0400, the pair is trading at 1.3059, with the USD trading 0.09% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher in the morning session

Posted on February 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 1.0055. In economic news, Switzerland’s total sight deposits rose to a level of CHF539.0 billion in the week ended 10 February, … Continue reading →

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USD/JPY: Japan’s industrial output revised higher in December

Posted on February 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 113.76. In the Asian session, at GMT0400, the pair is trading at 113.56, with the USD trading 0.18% lower against the … Continue reading →

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GBP/USD: UK’s economic growth set to slow due to Brexit: European Commission

Posted on February 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.32% against the USD and closed at 1.2526. Yesterday, the European Commission (EC) upgraded Britain’s growth forecasts for 2017, but still expects a more severe hit to the … Continue reading →

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EUR/USD: European Commission raised Euro-zone’s growth and inflation forecasts

Posted on February 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0593. Yesterday, the European Commission (EC), in its quarterly economic forecast report, predicted that the Euro-zone’s economic growth is set to … Continue reading →

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