Monthly Archives: August 2017

USD/CAD: Canada’s new house price index rose less-than-expected in June

Posted on August 11, 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 1.2742. On the data front, Canada’s new housing price index registered a rise of 0.2% MoM in June, falling short of … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on August 11, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9622. In the Asian session, at GMT0300, the pair is trading at 0.9613, with the USD trading 0.09% lower against the … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on August 11, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the JPY and closed at 109.16. The Japanese Yen gained ground, amid increased risk aversion as investors continue to grapple with geopolitical tensions between the US … Continue reading →

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GBP/USD: Britain’s total trade deficit unexpectedly widened to a 9-month high in June

Posted on August 11, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.2976, following disappointing economic data in the UK. Data indicated that Britain’s total trade deficit surprisingly widened to a nine-month high … Continue reading →

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

Posted on August 11, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1765. In economic news, French industrial production dropped more-than-expected by 1.1% on a monthly basis in June, dropping by the most … Continue reading →

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Trading Signals as per 10-August-2017

Posted on August 10, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.2688 1.2748 AUD/USD BUY Active 0.7848 0.7898 EUR/JPY SELL Active 129.92 128.62 NZD/USD BUY Active 0.7226 0.729 GBP/CHF SELL Active 1.2621 1.2468 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 on a weaker footing this morning

Posted on August 10, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.06% against the USD and closed at USD49.59 per barrel, after data indicated a substantial draw in US crude oil inventories. The Energy Information Administration (EIA) report … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on August 10, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.61% against the USD and closed at USD16.89 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.91, with the … Continue reading →

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Gold: Yellow metal trading marginally lower in the Asian session

Posted on August 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.22% against the USD and closed at USD1282.80 per ounce, as mounting tensions between North Korea and the US continued to rattle investor sentiment and boosted demand for safe-haven … Continue reading →

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AUD/USD: Australia’s consumer inflation expectation fell in August

Posted on August 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.34% against the USD and closed at 0.7888. LME Copper prices rose 1.6% or $101.0/MT to $6465.0/MT. Aluminium prices rose 1.9% or $37.0/MT to $2018.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts surprisingly climbed in July, building permits recorded an unexpected rise in June

Posted on August 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.2698. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts surprisingly advanced to a level of 222.3K in July, defying market … Continue reading →

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