Monthly Archives: May 2017

AUD/USD: Aussie Dollar trading higher this morning

Posted on May 23, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.17% against the USD and closed at 0.7453. LME Copper prices rose 1.45% or $81.0/MT to $5677.0/MT. Aluminium prices rose 0.26% or $5.0/MT to $1943.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian Dollar trading higher in the morning session

Posted on May 23, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3519. In the Asian session, at GMT0300, the pair is trading at 1.3485, with the USD trading 0.25% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s trade balance data for April

Posted on May 23, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0% against the CHF and closed at 0.9739. On macro front, Switzerland’s total sight deposits rose to a level of CHF575.5 billion in the week ended 19 May, … Continue reading →

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USD/JPY: Japan’s manufacturing PMI fell to a six-month low in May

Posted on May 23, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the JPY and closed at 111.32. Overnight data showed that Japanese manufacturing activity dipped to 52.0 in May from 52.7 reported in the prior month, thereby … Continue reading →

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GBP/USD: Pound trading lower, ahead of the UK public sector net borrowings data

Posted on May 23, 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 1.3003. Meanwhile, latest polls showed that the UK Prime Minister, Theresa May’s lead over her opposition leaders had narrowed to nine … Continue reading →

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EUR/USD: The weak Euro is the fault of the ECB’s monetary policies: German Chancellor

Posted on May 23, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1240, after German Chancellor, Angela Merkel, blamed the European Central Bank’s (ECB) ultra-low interest rates and its quantitative easing programme for … Continue reading →

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Trading Signals as per 22-May-2017

Posted on May 22, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1128 1.1188 USD/CHF BUY Active 0.9718 0.9778 USD/JPY BUY Active 111.72 110.92 AUD/USD SELL Active 0.7492 0.7442 EUR/JPY BUY Active 123.98 125.08 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 in the morning session

Posted on May 22, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 2.03% against the USD and closed at USD50.37 on Friday, on rising hopes that OPEC and other oil producing nations would agree to extend output cuts … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 22, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 1.42% against the USD and closed at USD16.84 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on May 22, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.71% against the USD and closed at USD1255.8 per ounce on Friday, as the US Dollar weakened against other currencies amid current political crisis in the US. In … Continue reading →

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AUD/USD: Aussie Dollar trading on a weaker footing this morning

Posted on May 22, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.57% against the USD and closed at 0.7455 on Friday. LME Copper prices rose 1.93% or $106.0/MT to $5596.0/MT. Aluminium prices rose 1.73% or $33.0/MT to $1938.0/MT. In … Continue reading →

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