Monthly Archives: May 2017

USD/CAD: Canada’s annual inflation remained steady in April

Posted on May 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.7% against the CAD and closed at 1.3515 on Friday. Macroeconomic data showed that Canada’s consumer price inflation rose less than expected 1.6% YoY in April, matching the … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on May 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9730 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9736, with the USD trading 0.06% higher … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on May 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the JPY and closed at 111.15 on Friday. Over the weekend, macro data indicated that Japan’s Merchandise total trade balance narrowed more than expected to ¥481.7 … Continue reading →

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GBP/USD: UK CBI industrial trends total orders unexpectedly rose in May

Posted on May 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.7% against the USD and closed at 1.3033 on Friday. Data revealed that the CBI industrial trends total orders surprisingly advanced to 9.0 in May, mainly driven by … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence reached its highest level since July 2007 in May

Posted on May 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1202 on Friday. On the macro front, the Euro-zone’s consumer confidence index rose less than expected to a level of -3.3 … Continue reading →

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Trading Signals as per 19-May-2017

Posted on May 19, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.3102 1.2942 USD/CHF BUY Active 0.9728 0.9808 USD/JPY BUY Active 110.68 112.08 AUD/USD SELL Active 0.7492 0.7402 USD/CAD BUY Active 1.3508 1.3618 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 gains in the morning session, ahead of Baker Hughes rig count data

Posted on May 19, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.59% against the USD and closed at USD49.37 per barrel, on mounting optimism that the Organisation of the Petroleum Exporting Countries (OPEC) is leaning towards extending deal … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 19, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.8% against the USD and closed at USD16.61 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.63, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 19, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.13% against the USD and closed at USD1246.80 per ounce, as robust US economic data dented demand for the precious yellow metal. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on May 19, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.7413. LME Copper prices declined 1.5% or $85.0/MT to $5490.0/MT. Aluminium prices declined 1.2% or $23.0/MT to $1905.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s inflation data

Posted on May 19, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3610, following hawkish comments by the Cleveland Fed President regarding rate hikes. In the Asian session, at GMT0300, the pair is … Continue reading →

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