Monthly Archives: July 2017

USD/CHF: Switzerland’s unemployment rate remained unchanged in June

Posted on July 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9639 on Friday. In economic news, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.2% in June, at par with market … Continue reading →

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USD/JPY: Japan posted a trade deficit in May

Posted on July 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.7% against the JPY and closed at 113.92 on Friday. On the data front, Japan’s preliminary leading economic index climbed more-than-expected to a level of 104.7 in May, … Continue reading →

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GBP/USD: UK’s manufacturing and industrial production surprisingly dropped in May, total trade deficit sharply widened in the same month

Posted on July 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.64% against the USD and closed at 1.2886 on Friday, following dismal economic data in the UK that offered multiple signs of slowdown in Britain’s economic momentum. Data … Continue reading →

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EUR/USD: German industrial production surged to a 3-month high level in May

Posted on July 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1401 on Friday. On the economic front, Germany’s seasonally adjusted industrial production rose 1.2% on a monthly basis in May, advancing … Continue reading →

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Trading Signals as per 7-July-2017

Posted on July 7, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9652 0.9592 GBP/USD BUY Active 1.2908 1.2998 GBP/CHF SELL Active 1.251 1.2418 EUR/JPY SELL Active 130.42 129.42 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 extends its losses in the Asian session

Posted on July 7, 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 USD45.29 per barrel. However, losses in crude prices were trimmed, after the Energy Information Administration (EIA) reported that US crude … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on July 7, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.06% against the USD and closed at USD15.89 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.85, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on July 7, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.24% against the USD and closed at USD1224.50 per ounce, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1219.90, with the … Continue reading →

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AUD/USD: Australia’s construction sector activity slightly slowed in June

Posted on July 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.32% against the USD and closed at 0.7583. LME Copper prices rose 0.2% or $10.5/MT to $5828.5/MT. Aluminium prices rose 0.7% or $12.5/MT to $1925.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits surged in May

Posted on July 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.2978. Macroeconomic data indicated that Canada’s building permits jumped 8.9% on a monthly basis in May, higher than market expectations for … Continue reading →

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USD/CHF: Swiss annual inflation growth weakest in 7 months in June

Posted on July 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9606. On the macro front, Switzerland’s consumer price index (CPI) advanced less-than-expected by 0.2% on an annual basis in June, rising … Continue reading →

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