Monthly Archives: May 2017

Silver: White metal trading marginally lower in the morning session

Posted on May 10, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.61% against the USD and closed at USD16.20 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.19, with the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.5% against the USD and closed at USD1221.60 per ounce, as a stronger US Dollar dented demand for the precious yellow metal. In the Asian session, at GMT0300, the … Continue reading →

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

Posted on May 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7347. LME Copper prices rose 0.6% or $30.0/MT to $5496.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1874.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits unexpectedly dropped in March

Posted on May 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3705. On the data front, Canada’s building permits unexpectedly eased 5.8% on a monthly basis in March, defying market expectations for … Continue reading →

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USD/CHF: Swiss Franc trading flat in the Asian session

Posted on May 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 1.0066. On the economic front, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in April, meeting market expectation. In the … Continue reading →

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USD/JPY: Overseas risks warrant current policy: BoJ’s April meeting summary

Posted on May 10, 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 113.72. In the Asian session, at GMT0300, the pair is trading at 113.78, with the USD trading a tad higher against … Continue reading →

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GBP/USD: Pound trading a tad lower in the morning session

Posted on May 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2947. In the Asian session, at GMT0300, the pair is trading at 1.2943, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: German exports and imports hit record high level in March

Posted on May 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0880. On the economic front, Germany’s seasonally adjusted trade surplus widened more-than-expected by €25.4 billion in March, as both exports and … Continue reading →

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Trading Signals as per 9-May-2017

Posted on May 9, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9958 1.0028 USD/CAD BUY Active 1.3648 1.3728 EUR/JPY SELL Active 124.42 123.42 NZD/USD SELL Active 0.6935 0.6882 GBP/CHF BUY Active 1.2889 1.2964 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 extends its losses in the Asian session

Posted on May 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.51% against the USD and closed at USD46.54 per barrel. However, losses in crude prices were trimmed after comments from few top oil producers suggested that OPEC … Continue reading →

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Silver: White metal trading marginally lower in the Asian session

Posted on May 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.64% against the USD and closed at USD16.30 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.29, with the … Continue reading →

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