Monthly Archives: June 2017

USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on June 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 111.33. On the data front, Japan’s final machine tool orders climbed 24.5% YoY in May, compared to a gain of 24.4% … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Interest rate hike might be prudent in second half of this year: BoE’s Haldane

Posted on June 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2675, after the Bank of England’s (BoE) Chief Economist, Andy Haldane, stated that he is likely to back an interest rate … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad higher, ahead of the ECB’s economic bulletin report

Posted on June 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1167. In the US, data showed that existing home sales unexpectedly advanced 1.1% to a level of 5.62 million on a … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 21-June-2017

Posted on June 21, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9718 0.9768 GBP/USD BUY Active 1.2548 1.2678 USD/JPY BUY Active 110.88 111.48 EUR/JPY SELL Active 124.32 123.62 USD/CAD SELL Active 1.3322 1.3252 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading a tad lower, ahead of EIA’s weekly crude oil stockpiles data

Posted on June 21, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.72% against the USD and closed at USD43.46, as news of boosted crude supply by several key producers intensified global supply glut concerns. However, losses in crude … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on June 21, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD16.47 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.49, with the silver trading 0.12% higher against … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on June 21, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly declined against the USD and closed at USD1244.90 per ounce, amid enhanced expectations of another Fed interest rate hike by the year end. In the Asian session, at GMT0300, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower in the morning session

Posted on June 21, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7579. LME Copper prices declined 0.2% or $13.5/MT to $5673.5/MT. Aluminium prices rose 1.5% or $27.5/MT to $1889.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading marginally lower this morning

Posted on June 21, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.3271. In economic news, Canada’s wholesale sales advanced above expectations by 1.0% on a monthly basis in April, following a revised … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SECO Cuts Switzerland’s economic growth forecast for 2017

Posted on June 21, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9748. Yesterday, the State Secretariat for Economic Affairs (SECO), in its quarterly economic forecasts report, trimmed Switzerland’s 2017 growth outlook by … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ Minutes – Members comfortable with fluctuations in government debt purchases

Posted on June 21, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 111.35. In the Asian session, at GMT0300, the pair is trading at 111.29, with the USD trading marginally lower against the … Continue reading →

Posted in USD/JPY | Comments Off