Monthly Archives: March 2017

USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s consumer price inflation data

Posted on March 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 1.0128. In the Asian session, at GMT0400, the pair is trading at 1.0130, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japanese economic growth revised up in the last quarter of 2016

Posted on March 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 113.97. In the Asian session, at GMT0400, the pair is trading at 113.68, with the USD trading 0.25% lower against the … Continue reading →

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GBP/USD: OECD sharply raises UK’s growth forecast for this year

Posted on March 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2202. On the macro front, UK’s seasonally adjusted Halifax house price index rose 0.1% MoM in February, undershooting market expectations for … Continue reading →

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EUR/USD: Euro-zone’s GDP growth holds steady at 0.4% in the last three months of 2016

Posted on March 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.0565. In economic news, the Euro-zone’ seasonally adjusted final gross domestic product (GDP) was confirmed at 0.4% on a quarterly basis … Continue reading →

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Trading Signals as per 7-March-2017

Posted on March 7, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 114.12 113.52 AUD/USD SELL Active 0.7572 0.7642 EUR/JPY SELL Active 120.92 120.22 NZD/USD BUY Active 0.6949 0.7009 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 reverses its gains in the morning session

Posted on March 7, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.08% against the USD and closed at USD53.24 per barrel. However, gains in crude prices were kept in check, after the International Energy Agency (IEA) forecasted that … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on March 7, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.72% against the USD and closed at USD17.83 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.77, with the silver trading 0.34% lower against … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on March 7, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.72% against the USD and closed at USD1227.30 per ounce, amid broad gains in the greenback. In the Asian session, at GMT0400, the pair is trading at 1226.40, with … Continue reading →

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AUD/USD: RBA leaves interest rate unchanged at 1.5%

Posted on March 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.13% against the USD and closed at 0.7583. Yesterday, data showed that Australia’s AiG performance of construction index rose to a level of 53.1 in February, from a … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s Ivey PMI

Posted on March 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3410. In the Asian session, at GMT0400, the pair is trading at 1.3390, with the USD trading 0.15% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher in the morning session

Posted on March 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 1.0115. In the Asian session, at GMT0400, the pair is trading at 1.0111, with the USD trading a tad lower against … Continue reading →

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