Monthly Archives: February 2017

USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s Ivey PMI data

Posted on February 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3075. In the Asian session, at GMT0400, the pair is trading at 1.3095, with the USD trading 0.15% higher against the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s SECO consumer confidence data

Posted on February 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9905. In economic news, Swiss total sight deposits stood at CHF535.2 billion in the week ended 03 February, up from CHF532.8 … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the morning session

Posted on February 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the JPY and closed at 111.81. In the Asian session, at GMT0400, the pair is trading at 111.87, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK’s BRC retail sales surprisingly dropped in January

Posted on February 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2464. In the Asian session, at GMT0400, the pair is trading at 1.2468, with the GBP trading a tad higher against … Continue reading →

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EUR/USD: Stimulus still needed for Euro-zone’s economic recovery, says ECB Chief

Posted on February 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.0748, after the European Central Bank (ECB) President, Mario Draghi brushed off calls for the ECB to reduce stimulus. The ECB … Continue reading →

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Trading Signals as per 06-February-2017

Posted on February 6, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0802 1.0732 USD/CAD BUY Active 1.2988 1.3048 GBP/USD SELL Active 1.2512 1.2422 USD/CHF SELL Active 0.9992 0.9912 GBP/CHF BUY Active 1.2346 1.2444 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 on a stronger footing this morning

Posted on February 6, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.09% against the USD and closed at USD53.81 per barrel on Friday, amid rising concerns that US sanctions on Iran could hamper the nation’s crude supplies. However, … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on February 6, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver slightly declined against the USD and closed at USD17.45 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.59, with the silver trading 0.83% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 6, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1217.20 per ounce on Friday, after the latest US jobs report flagged up weak wage growth, thus weakening the case for near-term … Continue reading →

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AUD/USD: Australia’s retail sales surprisingly dropped in December

Posted on February 6, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7676 on Friday. LME Copper prices declined 1.1% or $67.0/MT to $5836.0/MT. Aluminium prices declined 0.3% or $4.5/MT to $1808.5/MT. In … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on February 6, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3020 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3011, with the USD trading 0.07% lower … Continue reading →

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