Monthly Archives: May 2017

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

Posted on May 4, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the JPY and closed at 112.68. In the Asian session, at GMT0300, the pair is trading at 112.77, with the USD trading 0.08% higher against the … Continue reading →

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GBP/USD: UK’s construction sector growth surprisingly hits 4-month high in April

Posted on May 4, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.2868. Macroeconomic data indicated that activity in Britain’s construction sector unexpectedly advanced to a level of 53.1 in April, hitting its … Continue reading →

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EUR/USD: Euro-zone’s economy continued to grow in the first quarter of 2017

Posted on May 4, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0888. On the economic front, the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose 0.5% on a quarterly basis in … Continue reading →

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Trading Signals as per 3-May-2017

Posted on May 3, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9868 0.9938 USD/CAD BUY Active 1.3688 1.3748 AUD/USD SELL Active 0.7552 0.7472 EUR/JPY SELL Active 122.92 122.22 GBP/CHF BUY Active 1.2727 1.2847 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 lower, ahead of EIA’s weekly crude oil inventories data

Posted on May 3, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.35% against the USD and closed at USD48.08 per barrel, as rising crude output in Libya and reports of lower output-cut compliance among OPEC members in April … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on May 3, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.18% against the USD and closed at USD16.86 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.88, with the silver trading 0.09% higher from … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on May 3, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1257.40 per ounce. In the Asian session, at GMT0300, the pair is trading at 1257.20, with the gold trading marginally lower from … Continue reading →

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AUD/USD: Australia’s services sector expanded further in April

Posted on May 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.7538. LME Copper prices rose 1.0% or $58.0/MT to $5746.5/MT. Aluminium prices declined 1.1% or $21.0/MT to $1909.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on May 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3704. In the Asian session, at GMT0300, the pair is trading at 1.3718, with the USD trading 0.1% higher against the … Continue reading →

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USD/CHF: Swiss SVME–PMI fell more-than-expected in April

Posted on May 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9913. On the data front, Switzerland’s SVME–purchasing managers’ index (PMI) declined more-than-anticipated to a level of 57.4 in April, compared to … Continue reading →

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

Posted on May 3, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 111.97. In the Asian session, at GMT0300, the pair is trading at 112.04, with the USD trading 0.06% higher against the … Continue reading →

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