Monthly Archives: March 2017

EUR/USD: Euro-zone’s trade surplus shrunk in January, construction output dropped further in the same month

Posted on March 20, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0741 on Friday. On the macro front, the Euro-zone’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €15.7 billion … Continue reading →

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Trading Signals as per 17-March-2017

Posted on March 17, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0728 1.0808 GBP/USD BUY Active 1.2308 1.2428 USD/CAD SELL Active 1.3392 1.3292 EUR/JPY BUY Active 121.38 122.38 GBP/CHF SELL Active 1.2397 1.2279 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, ahead of Baker Hughes weekly rig count data

Posted on March 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD48.81 per barrel, amid persistent global supply glut concerns. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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Silver: White metal trading between its MA’s

Posted on March 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD17.32 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.31, with the silver trading 0.06% lower against … Continue reading →

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Gold: Yellow metal trading marginally lower in the Asian session

Posted on March 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1226.40 per ounce, amid broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1226.30, with … Continue reading →

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

Posted on March 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7669. LME Copper prices rose 1.0% or $61.0/MT to $5911.0/MT. Aluminium prices rose 1.7% or $32.0/MT to $1895.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher in the Asian session

Posted on March 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3322. In the Asian session, at GMT0400, the pair is trading at 1.3315, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: SNB sticks with record-low interest rate

Posted on March 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CHF and closed at 0.9957. The Swiss National Bank (SNB), at its latest monetary policy meeting, kept the benchmark interest rate at -0.75% as widely … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on March 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the JPY and closed at 113.32. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda indicated that Japan will stick to its ultra-easy monetary policy, stating … Continue reading →

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GBP/USD: BoE holds interest rate at 0.25% but decision split amid rising inflation fears

Posted on March 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.2353, after a Bank of England (BoE) policymaker surprised investors by voting to raise interest rates by 25 basis point, while … Continue reading →

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EUR/USD: Euro-zone’s annual inflation confirmed at a 4-year high level in February

Posted on March 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.0771, after the Dutch Prime Minister, Mark Rutte’s party won over anti-Islam lawmaker, Geert Wilders, in an election that many viewed … Continue reading →

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