Monthly Archives: March 2017

AUD/USD: Aussie trading lower in the Asian session

Posted on March 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.84% against the USD and closed at 0.7523. LME Copper prices declined 0.4% or $25.0/MT to $5782.0/MT. Aluminium prices rose 1.2% or $23.0/MT to $1881.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts surprisingly jumped in February

Posted on March 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD and closed at 1.3492. In economic news, Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 210.2K in February, confounding market consensus … Continue reading →

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USD/CHF: Swiss inflation rises at highest monthly rate in five years in February

Posted on March 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CHF and closed at 1.0148. On the data front, Switzerland’s consumer price index (CPI) jumped more-than-anticipated by 0.5% on a monthly basis in February, accelerating … Continue reading →

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

Posted on March 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 114.44. In the Asian session, at GMT0400, the pair is trading at 114.45, with the USD trading a tad higher from … Continue reading →

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GBP/USD: OBR raises Britain’s GDP growth forecasts in UK’s 2017 Spring Budget

Posted on March 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.29% against the USD and closed at 1.2167. Yesterday, UK’s Finance Minister, Philip Hammond, in his Budget speech, stated that Britain’s economy is likely to feel the pain … Continue reading →

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Trading Signals as per 8-March-2017

Posted on March 8, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0528 1.0578 USD/CHF SELL Active 1.0182 1.0112 USD/CAD SELL Active 1.3442 1.3392 GBP/CHF BUY Active 1.2328 1.2402 USD/JPY BUY Active 113.38 113.98 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 marginally lower, ahead of EIA’s crude oil inventory data

Posted on March 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.68% against the USD and closed at USD52.86 per barrel, after the American Petroleum Institute (API) reported that US crude stockpiles jumped 11.6 million barrels to 526.8 … Continue reading →

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Silver: White metal trading a tad higher in the morning session

Posted on March 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.66% against the USD and closed at USD17.52 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.53, with the silver trading marginally higher from … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on March 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.83% against the USD and closed at USD1215.90 per ounce, extending its previous session losses, amid strength in the greenback and expectations for a rate hike next week. In … Continue reading →

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

Posted on March 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.7587. LME Copper prices declined 0.8% or $49.0/MT to $5807.0/MT. Aluminium prices declined 0.5% or $10.0/MT to $1858.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s building permits and housing starts data

Posted on March 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3409. Macroeconomic data revealed that Canada’s seasonally adjusted Ivey PMI unexpectedly eased to a level of 55.0 in February, compared to … Continue reading →

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