Monthly Archives: February 2017

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

Posted on February 23, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.13% against the USD and closed at USD1238.20 per ounce, after the recent FOMC minutes suggested a cautious approach to interest rate hikes, amid uncertainty about the new US … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on February 23, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7697. LME Copper prices declined 1.0% or $58.0/MT to $5976.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1873.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian retail sales posted its worst performance in 9-months in December

Posted on February 23, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3161. The Canadian Dollar lost ground, after Canada’s retail sales unexpectedly eased 0.5% on a monthly basis in December, dropping to … Continue reading →

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USD/CHF: Switzerland’s ZEW economic expectations index advanced to its highest level since June 2016 in February

Posted on February 23, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 1.0102. In economic news, data indicated that Switzerland’s ZEW economic expectations index registered a rise to a level of 19.4 in … Continue reading →

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USD/JPY: Japan’s leading economic and coincident indices revised down in December

Posted on February 23, 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 113.3. In the Asian session, at GMT0400, the pair is trading at 113.24, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: Britain’s economic growth picked up in the fourth quarter of 2016

Posted on February 23, 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 1.2456, after Britain’s gross domestic product (GDP) data indicated that UK’s annual growth rate was revised down in the final three-months … Continue reading →

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EUR/USD: Euro-zone’s annual inflation confirmed at 1.8% for January

Posted on February 23, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0554, after the Euro-zone’s final consumer price index (CPI) rose 1.8% on an annual basis in January, confirming the preliminary print, … Continue reading →

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Trading Signals as per 22-February-2017

Posted on February 22, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0468 1.0538 USD/JPY SELL Active 113.82 113.22 USD/CAD SELL Active 1.3192 1.3122 NZD/USD BUY Active 0.7141 0.7192 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 on a stronger footing this morning

Posted on February 22, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.27% against the USD and closed at USD54.33 per barrel, after the Organization of Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Barkindo, stated that the group intends to … Continue reading →

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Silver: White metal trading marginally higher in the Asian session

Posted on February 22, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.41% against the USD and closed at USD18.04 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.05, with the silver trading slightly higher from … Continue reading →

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Gold: Yellow metal trading a tad lower in the morning session

Posted on February 22, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.14% against the USD and closed at USD1236.70 per ounce, as renewed expectations of an increase in US interest rates next month pushed the US Dollar higher. In the … Continue reading →

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