Monthly Archives: February 2017

Gold: Yellow metal trading a tad higher in the Asian session

Posted on February 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1243.10 per ounce, as political risks in Europe and economic uncertainty in the US stoked demand for the safe haven metal. In … Continue reading →

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AUD/USD: Australia’s HIA new home sales rose for a second consecutive month in December

Posted on February 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7639. LME Copper prices rose 1.1% or $63.0/MT to $5865.0/MT. Aluminium prices rose 0.7% or $12.0/MT to $1821.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts surprisingly advanced in January

Posted on February 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3138. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts unexpectedly climbed to a level of 207.4K in January, indicating that … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower in the Asian session

Posted on February 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9943. In the Asian session, at GMT0400, the pair is trading at 0.9948, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japan’s machinery orders rebounded in December

Posted on February 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the JPY and closed at 111.82. In the Asian session, at GMT0400, the pair is trading at 112.09, with the USD trading 0.24% higher against the … Continue reading →

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GBP/USD: UK’s RICS house price surprisingly advanced in January

Posted on February 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.2537. UK’s lower house of Parliament passed legislation to allow the British Prime Minister, Theresa May’s government to officially begin the … Continue reading →

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EUR/USD: Euro trading lower, ahead of Germany’s trade balance data

Posted on February 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0694. In the US, data revealed that MBA mortgage applications rebounded 2.3% in the week ended 03 February 2017, following a … Continue reading →

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Trading Signals as per 8-February-2017

Posted on February 8, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0722 1.0652 GBP/USD SELL Active 1.2602 1.2432 USD/JPY SELL Active 112.92 112.02 NZD/USD SELL Active 0.7348 0.7275 GBP/CHF sell Active 1.2585 1.2427 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 higher, ahead of the EIA’s weekly crude oil inventory data

Posted on February 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.33% against the USD and closed at USD51.41 per barrel, after the American Petroleum Institute (API) reported that US crude stockpiles surged above expectations by 14.2 million … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on February 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.25% against the USD and closed at USD17.70 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.73, with the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on February 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.08% against the USD and closed at USD1235.50 per ounce, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1236.30, with the … Continue reading →

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