Monthly Archives: June 2017

Silver: White metal extends its gains in the morning session

Posted on June 29, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.75% against the USD and closed at USD16.85 per ounce, following gains in bullion prices. In the Asian session, at GMT0300, the pair is trading at 16.88, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on June 29, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.06% against the USD and closed at USD1249.80 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1251.90, with … Continue reading →

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AUD/USD: Australia’s new home sales advanced in May

Posted on June 29, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.65% against the USD and closed at 0.7637. LME Copper prices rose 0.6% or $33.0/MT to $5822.0/MT. Aluminium prices rose 1.3% or $24.5/MT to $1886.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC’s Stephen Poloz signals rate hike in July

Posted on June 29, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.03% against the CAD and closed at 1.3038. The Canadian Dollar surged against the USD, after the Bank of Canada (BoC) Governor, Stephen Poloz, boosted speculation that an … Continue reading →

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USD/CHF: Swiss ZEW expectations index dropped in June while UBS consumption indicator advanced in May

Posted on June 29, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9596. In economic news, Switzerland’s ZEW economic expectations index dropped to a level of 20.7 in June, after recording a reading … Continue reading →

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USD/JPY: Japan’s retail trade sharply declined in May

Posted on June 29, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the JPY and closed at 112.36. On the macro front, Japan’s small business confidence index rose to a level of 49.2 in June, at par with … Continue reading →

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GBP/USD: Some removal of monetary stimulus is likely to become necessary: BoE Governor

Posted on June 29, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.93% against the USD and closed at 1.2938, following hawkish comments from the Bank of England (BoE) Governor, Mark Carney, that indicated support for a rate hike if … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s crucial inflation data

Posted on June 29, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1378. On the economic front, Italy’s flash consumer price index (CPI) unexpectedly dropped 0.1% on a monthly basis in June, defying … Continue reading →

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Trading Signals as per 28-June-2017

Posted on June 28, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2728 1.2888 AUD/USD BUY Active 0.7558 0.7608 USD/CHF SELL Active 0.9662 0.9572 USD/JPY BUY Active 111.68 112.58 NZD/USD BUY Active 0.7234 0.7296 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 higher in the morning session, ahead of EIA’s weekly crude oil inventories data

Posted on June 28, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.85% against the USD and closed at USD43.78 per barrel, reversing its previous session losses. Meanwhile, the American Petroleum Institute (API) reported a surprise increase of 851,000 … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on June 28, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.78% against the USD and closed at USD16.72 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.81, with the … Continue reading →

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