Monthly Archives: July 2017

Gold: Yellow metal trading higher in the Asian session

Posted on July 13, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.16% against the USD and closed at USD1218.30 per ounce, after the Federal Reserve Chair, Janet Yellen, indicated that the central bank would only gradually tighten its monetary policy. … Continue reading →

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AUD/USD: Australia’s consumer inflation expectation advanced in July

Posted on July 13, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.51% against the USD and closed at 0.7677. LME Copper prices rose 1.5% or $87.5/MT to $5882.5/MT. Aluminium prices declined 0.1% or $2.0/MT to $1877.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC raised interest rates for the first time since 2010

Posted on July 13, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CAD and closed at 1.2758. The Canadian Dollar gained ground, after the Bank of Canada (BoC), at its latest monetary policy meeting, raised its key … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the morning session

Posted on July 13, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9652. In the Asian session, at GMT0300, the pair is trading at 0.9636, with the USD trading 0.17% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on July 13, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the JPY and closed at 113.31. In the Asian session, at GMT0300, the pair is trading at 113.05, with the USD trading 0.23% lower against the … Continue reading →

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GBP/USD: Britain’s unemployment rate declined to a 42-year low during the three months ended May

Posted on July 13, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.2891, after unemployment rate in the UK dipped to a 42-year low in the three months to May. Britain’s ILO unemployment … Continue reading →

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EUR/USD: Euro-zone’s industrial output surged to a 6-month high in May

Posted on July 13, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1415. Macroeconomic data indicated that the Euro-zone’s seasonally adjusted industrial production rose by 1.3% on a monthly basis in May, posting … Continue reading →

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Trading Signals as per 12-July-2017

Posted on July 12, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1502 1.1422 GBP/USD SELL Active 1.2922 1.2822 AUD/USD SELL Active 0.7682 0.7632 EUR/JPY BUY Active 129.38 130.38 GBP/CHF SELL Active 1.2466 1.2325 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 July 12, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.92% against the USD and closed at USD45.83 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories plunged by 8.1 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 12, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.05% against the USD and closed at USD15.81 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.89, with the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on July 12, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.22% against the USD and closed at USD1216.50 per ounce, amid increased risk aversion among investors as the release of an email chain by the Donald Trump Jr. sparked … Continue reading →

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