Monthly Archives: June 2017

Gold: Yellow metal extends its gains in the Asian session

Posted on June 5, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.99% against the USD and closed at USD1280.60 per ounce on Friday, as the US Dollar dipped against its peers following the release of disappointing US non-farm payrolls … Continue reading →

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AUD/USD: Australia’s services sector growth slowed in May

Posted on June 5, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.81% against the USD and closed at 0.7441 on Friday. LME Copper prices declined 1.37% or $77.0/MT to $5559.5/MT. Aluminium prices declined 0.70% or $13.5/MT to $1916.5/MT. In … Continue reading →

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USD/CAD: Canadian international merchandise trade deficit slid in April

Posted on June 5, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3493 on Friday. On Friday, data revealed that Canada’s international merchandise trade deficit fell to C$0.37 billion in April, compared to … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on June 5, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.89% against the CHF and closed at 0.9624 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9636, with the USD trading 0.12% higher … Continue reading →

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USD/JPY: Japan’s services sector expanded at its fastest pace in almost 2 years in May

Posted on June 5, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.89% against the JPY and closed at 110.40 on Friday. On Friday, data showed that Japan’s consumer confidence index rose to 43.6 in May, compared to a reading … Continue reading →

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GBP/USD: UK’s construction sector activity unexpectedly rose to a 17-month high level in May

Posted on June 5, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2881 on Friday. On Friday, data showed that the UK construction PMI unexpectedly climbed to a level of 56.0 in in … Continue reading →

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EUR/USD: Euro-zone’s PPI remained unchanged in April

Posted on June 5, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.59% against the USD and closed at 1.1283 on Friday. On Friday, macroeconomic data showed that the producer price index (PPI) in the Euro-zone remained flat on a … Continue reading →

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Trading Signals as per 2-June-2017

Posted on June 2, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2932 1.2832 AUD/USD SELL Active 0.7422 0.7372 EUR/JPY BUY Active 124.78 125.48 GBP/CHF SELL Active 1.2561 1.2461 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on June 2, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.23% against the USD and closed at USD48.10 per barrel, as investors grew sceptic that OPEC-led cuts will prove sufficient to rebalance an oversupplied market. However, losses … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on June 2, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.4% against the USD and closed at USD17.25 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.16, with the … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on June 2, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1268.40 per ounce, amid a stronger greenback and strength in global equities. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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