Monthly Archives: April 2017

GBP/USD: UK’s ILO unemployment rate steady at an 11-year low level in the three months through February

Posted on April 13, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.41% against the USD and closed at 1.2538, after UK’s ILO unemployment rate remained steady at an eleven-year low level of 4.7% in the three months to February, … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s final inflation figures for March

Posted on April 13, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.58% against the USD and closed at 1.0665. In economic news, Germany’s wholesale price index remained flat on a monthly basis in March, following a revised rise of … Continue reading →

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Trading Signals as per 12-April-2017

Posted on April 12, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2542 1.2462 USD/CAD BUY Active 1.3288 1.3348 EUR/JPY SELL Active 116.92 115.82 NZD/USD SELL Active 0.6967 0.6917 GBP/CHF BUY Active 1.2531 1.2631 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 this morning, ahead of EIA’s crude oil inventories data

Posted on April 12, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.45% against the USD and closed at USD53.37 per barrel, after the American Petroleum Institute (API) reported a surprise draw of 1.3 million barrels in the US … Continue reading →

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

Posted on April 12, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.26% against the USD and closed at USD18.35 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.36, with the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on April 12, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.47% against the USD and closed at USD1276.00 per ounce, as current geopolitical worries increased demand for the safe-haven yellow metal. In the Asian session, at GMT0300, the pair … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence declined in April

Posted on April 12, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.7502. LME Copper prices rose 0.3% or $15.0/MT to $5746.0/MT. Aluminium prices declined 1.1% or $21.5/MT to $1907.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower, ahead of BoC’s interest rate decision

Posted on April 12, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3328. In the Asian session, at GMT0300, the pair is trading at 1.3333, with the USD trading marginally higher against the … Continue reading →

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

Posted on April 12, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 1.0074. In the Asian session, at GMT0300, the pair is trading at 1.0077, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japan’s machinery orders rebounded in February

Posted on April 12, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.96% against the JPY and closed at 109.67. On the data front, Japan’s flash machine tool orders rose 22.6% on an annual basis in March. In the previous … Continue reading →

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GBP/USD: UK’s annual inflation advanced as expected in March

Posted on April 12, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.2487, after the latest data indicated that UK’s annual inflation remained above the Bank of England’s 2.0% target in March. Britain’s … Continue reading →

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