Monthly Archives: March 2017

EUR/USD: Euro-zone’s annual inflation jumps past ECB’s target

Posted on March 3, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0506. Macroeconomic data indicated that the Euro-zone’s flash consumer price index (CPI) surged to a 4-year high level in February, after … Continue reading →

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Trading Signals as per 02-March-2017

Posted on March 2, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0478 1.0558 USD/CHF SELL Active 1.0152 1.0072 GBP/USD SELL Active 1.2342 1.2242 AUD/USD BUY Active 0.7578 0.7638 USD/JPY SELL Active 114.92 113.92 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 weaker footing this morning

Posted on March 2, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.37% against the USD and closed at USD53.75 per barrel, after the Energy Information Administration (EIA) disclosed that US crude oil inventories rose by 1.5 million barrels … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on March 2, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.52% against the USD and closed at USD18.44 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.43, with the silver trading 0.08% lower against … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on March 2, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.1% against the USD and closed at USD1250.00 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1247.20, with the … Continue reading →

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AUD/USD: Australia’s trade surplus sharply narrowed in January

Posted on March 2, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7680. LME Copper prices rose 1.8% or $104.0/MT to $6040.0/MT. Aluminium prices rose 2.1% or $39.0/MT to $1934.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC holds benchmark interest rate steady at 0.5%

Posted on March 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3327. Yesterday, the Bank of Canada (BoC) left key interest rate steady at 0.5% and reiterated previous warnings about the “significant … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s Q4 GDP data

Posted on March 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 1.0084. Macroeconomic data showed that Switzerland’s UBS consumption indicator climbed less than expected to a level of 1.43 in January, while … Continue reading →

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

Posted on March 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the JPY and closed at 113.74. On the macro front, Japan’s monetary base advanced 21.4% YoY in February, after recording a rise of 22.6% in the … Continue reading →

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GBP/USD: UK’s manufacturing growth slowed in February

Posted on March 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.2295, after data revealed that the pace of manufacturing sector growth in UK unexpectedly slowed in February. Britain’s Markit manufacturing PMI … Continue reading →

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EUR/USD: Manufacturing sector growth across the Euro-zone accelerated to a nearly 6-year high level in February

Posted on March 2, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0549. On the economic data front, the Euro-zone’s final Markit manufacturing PMI advanced to a level of 55.4 in February, notching … Continue reading →

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