Monthly Archives: February 2017

GBP/USD: Pound trading a tad higher, ahead of the BoE’s interest rate decision

Posted on February 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.2657. In economic news, the UK’s Markit manufacturing PMI edged down to a level of 55.9 in January, from a reading … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB Chief’s speech

Posted on February 2, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.0764. On the economic data front, final reading of the Eurozone’s Markit manufacturing PMI rose above expectations to a 69-month high … Continue reading →

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Trading Signals as per 01-February-2017

Posted on February 1, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0852 1.0752 USD/CHF BUY Active 0.9838 0.9938 GBP/USD SELL Active 1.2722 1.2572 AUD/USD SELL Active 0.7632 0.7562 USD/CAD SELL Active 1.3142 1.2982 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 lower in the morning session

Posted on February 1, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.13% against the USD and closed at USD52.75 per barrel. However, gains in crude prices were trimmed after the American Petroleum Institute (API) disclosed that US crude … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 1, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.45% against the USD and closed at USD17.56 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.51, with the … Continue reading →

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Gold: Yellow metal reversed its gains in the Asian session

Posted on February 1, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.24% against the USD and closed at USD1212.40 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1211.10, … Continue reading →

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AUD/USD: Australia’s manufacturing activity slowed in January

Posted on February 1, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.7579. In economic news, Australia’s AiG performance of manufacturing index eased to a level of 51.2 in January, compared to a … Continue reading →

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USD/CAD: Canadian economy rebounded in November

Posted on February 1, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.3041. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) expanded more-than-expected by 0.4% on a monthly basis in … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on February 1, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9891. In the Asian session, at GMT0400, the pair is trading at 0.9900, with the USD trading 0.09% higher against the … Continue reading →

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USD/JPY: Japanese manufacturing sector expanded at its fastest pace in almost 3-years in January

Posted on February 1, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the JPY and closed at 112.66. In the Asian session, at GMT0400, the pair is trading at 113.13, with the USD trading 0.42% higher against the … Continue reading →

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GBP/USD: UK’s mortgage approvals surged to a 9-month high level in December

Posted on February 1, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.7% against the USD and closed at 1.2580, after the UK’s number of mortgage approvals for house purchases rose to a level of 67.9K in December, notching its … Continue reading →

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