Monthly Archives: May 2017

USD/JPY: Japanese economy grew at a faster pace in the first three months of 2017

Posted on May 18, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.68% against the JPY and closed at 110.92. In the Asian session, at GMT0300, the pair is trading at 111.05, with the USD trading 0.12% higher against the … Continue reading →

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GBP/USD: UK’s ILO unemployment rate surprisingly dipped to a more than 4-decade low level in the three months to March

Posted on May 18, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.4% against the USD and closed at 1.2967, after the latest ILO jobs report highlighted continued strength in the UK labour market. Britain’s ILO unemployment rate unexpectedly fell … Continue reading →

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EUR/USD: Euro-zone’s annual inflation growth confirmed at 1.9% in April

Posted on May 18, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.6% against the USD and closed at 1.1160, after the Euro-zone’s final consumer price index (CPI) advanced 1.9% on an annual basis in April, confirming the flash estimates. … Continue reading →

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Trading Signals as per 17-May-2017

Posted on May 17, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1152 1.1075 GBP/USD SELL Active 1.3032 1.2942 AUD/USD BUY Active 0.7368 0.7418 USD/CAD SELL Active 1.3702 1.3592 NZD/USD BUY Active 0.6858 0.6911 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 17, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD48.28 per barrel, after the International Energy Agency (IEA) warned that an extension to the OPEC-led production cut agreement would … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.5% against the USD and closed at USD16.87 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1236.80 per ounce, amid weakness in the greenback in the wake of reports that the US President, Donald Trump, shared classified information … Continue reading →

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AUD/USD: Australia’s consumer confidence declined in May

Posted on May 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.12% against the USD and closed at 0.7428. LME Copper prices declined 0.04% or $2.0/MT to $5584.0/MT. Aluminium prices rose 0.8% or $15.5/MT to $1915.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on May 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3609. In the Asian session, at GMT0300, the pair is trading at 1.3603, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on May 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.1% against the CHF and closed at 0.9848. In the Asian session, at GMT0300, the pair is trading at 0.9828, with the USD trading 0.2% lower against the … Continue reading →

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USD/JPY: Japan’s industrial production declined in March

Posted on May 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the JPY and closed at 112.81. On the macro front, Japan’s machinery orders rose 1.4% MoM in March, compared to a rise of 1.5% in the … Continue reading →

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