Monthly Archives: May 2017

Gold: Yellow metal trading on a stronger footing this morning

Posted on May 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.36% against the USD and closed at USD1227.10 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1228.40, … Continue reading →

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AUD/USD: Australia’s retail sales drop for the second straight month in March

Posted on May 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7383. LME Copper prices declined 1.2% or $64.5/MT to $5466.0/MT. Aluminium prices declined 1.5% or $28.0/MT to $1879.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts declined in March

Posted on May 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.3695. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts fell more-than-expected to a level of 214.1K in April, from a … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher this morning, ahead of Swiss unemployment rate data

Posted on May 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CHF and closed at 0.9985. On the data front, Switzerland’s total sight deposits climbed to a level of CHF573.1 billion in the week ended 05 … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on May 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the JPY and closed at 113.26. In the Asian session, at GMT0300, the pair is trading at 113.18, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: UK’s house prices fell for the first time in 3 months in April

Posted on May 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2937. In economic news, UK’s Halifax house prices unexpectedly dropped 0.1% in April, compared to market consensus for a rise of … Continue reading →

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EUR/USD: Euro-zone’s investor confidence jumped to a nearly 10-year high level in May

Posted on May 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0923. On the data front, the Euro-zone’s Sentix investor confidence index rose more-than-expected to a level of 27.4 in May, notching … Continue reading →

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Trading Signals as per 8-May-2017

Posted on May 8, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0908 1.0988 USD/CHF SELL Active 0.9952 0.9892 AUD/USD SELL Active 0.7432 0.7382 USD/JPY BUY Active 112.18 112.88 GBP/CHF SELL Active 1.2913 1.2828 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

Posted on May 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.73% against the USD and closed at USD46.34 per barrel on Friday, after Saudi Arabia assured that Russia is ready to join OPEC in extending crude production … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on May 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD16.35 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.44, with the silver trading 0.55% … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on May 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.08% against the USD and closed at USD1229.20 per ounce on Friday, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1231.00, … Continue reading →

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