Monthly Archives: February 2017

USD/JPY: Japan continues moderate economic recovery: BoJ minutes

Posted on February 3, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 112.86. In the Asian session, at GMT0400, the pair is trading at 113.08, with the USD trading 0.19% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE stays pat on interest rates, sharply upgrades economic growth forecast

Posted on February 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.04% against the USD and closed at 1.2526, after the Bank of England (BoE), in its latest monetary policy meeting, played down the possibility of interest rate hike … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: No signs of a ‘convincing upward trend’ in inflation yet in the Euro-zone: ECB economic bulletin

Posted on February 3, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.0761. Yesterday, the European Central Bank (ECB), in its economic bulletin report, stated that headline inflation has increased recently, largely attributed … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 02-February-2017

Posted on February 2, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 113.32 112.12 USD/CAD BUY Active 1.2918 1.3038 AUD/USD BUY Active 0.7618 0.7708 NZD/USD SELL Active 0.7355 0.7278 EUR/JPY BUY Active 120.78 121.88 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading on a stronger footing this morning

Posted on February 2, 2017 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.52% against the USD for the 24-hour period ending 23:00GMT, closing at USD53.55, amid signs that the Organisation of the Petroleum Exporting Countries (OPEC) and other producers are curbing output and as geopolitical … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on February 2, 2017 by GCI Financial

Silver Movement Silver prices marginally declined to USD17.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.63, with the silver trading 0.43% higher against the USD from yesterday’s close. … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on February 2, 2017 by GCI Financial

Gold Movement Gold prices traded 0.07% lower against the USD in the 24-hour period ending 23:00GMT, at USD 1211.70 per ounce, amid strength in the greenback and gains in global equity markets. In the Asian session, at GMT0400, the pair … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s trade surplus expands in December

Posted on February 2, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7578. LME Copper prices rose 0.17% or $10.0 /MT to $5931.0 /MT. Aluminium prices declined 0.14% or $2.5 /MT to $1818.0 … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s RBC PMI accelerates in January

Posted on February 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.3042. On the data front, Canada’s RBC purchasing managers’ index (PMI) notched a 2-year high level of 53.5 in January, backed … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss SVME PMI declined in January

Posted on February 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9930. In economic news, Switzerland’s SVME – purchasing managers’ index (PMI) dropped more than expected to a level of 54.6 in … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s monetary base rose in January

Posted on February 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 113.2600. In the Asian session, at GMT0400, the pair is trading at 112.7, with the USD trading 0.49% lower against the … Continue reading →

Posted in USD/JPY | Comments Off