Monthly Archives: June 2017

GBP/USD: BoE’s Carney – Not the right time to hike interest rates

Posted on June 21, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.82% against the USD and closed at 1.2629, after the Bank of England (BoE) Governor, Mark Carney, doused expectations of an interest rate hike any time soon, stating … Continue reading →

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EUR/USD: Euro-zone’s current account surplus narrowed in April

Posted on June 21, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1135. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed more-than-expected to a level of €22.2 billion in … Continue reading →

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Trading Signals as per 20-June-2017

Posted on June 20, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1182 1.1122 USD/JPY BUY Active 111.28 111.88 AUD/USD BUY Active 0.7568 0.7628 EUR/JPY BUY Active 124.08 124.78 NZD/USD BUY Active 0.7232 0.7285 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 reverses its losses, ahead of API’s weekly crude oil inventories data

Posted on June 20, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.72% against the USD and closed at USD44.22 per barrel, as investors remain grappled with concerns over relentless global supply glut. Meanwhile, Saudi Arabia’s Energy Minister, Khalid … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on June 20, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD16.46 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.53, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on June 20, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.68% against the USD and closed at USD1245.50 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1246.60, with the … Continue reading →

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AUD/USD: Australia’s growth prospects remain solid: RBA minutes

Posted on June 20, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.7597. LME Copper prices rose 0.6% or $31.5/MT to $5687.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1861.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading slightly higher this morning

Posted on June 20, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3225. In the Asian session, at GMT0300, the pair is trading at 1.3222, with the USD trading a tad lower against … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher in the morning session

Posted on June 20, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9755. On the economic front, Switzerland’s total sight deposits rose to a level of CHF577.4 billion in the week ended 16 … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower this morning

Posted on June 20, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the JPY and closed at 111.63. In the Asian session, at GMT0300, the pair is trading at 111.66, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: Britain began formal Brexit negotiations with EU

Posted on June 20, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.2733, amid increased anxiety amongst investors as formal talks on Britain’s exit from the European Union (EU) got under way. The … Continue reading →

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