Monthly Archives: August 2017

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

Posted on August 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the CHF and closed at 0.9637. The Swiss Franc jumped against the USD, as excessive geopolitical fears surrounding North Korea lured investors to the safe-haven appeal … Continue reading →

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USD/JPY: Japan’s machinery orders surprisingly fell in June, tertiary industry index remained flat in the same month

Posted on August 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the JPY and closed at 109.96. On the data front, Japan’s preliminary machine tool orders recorded a rise of 26.3% on an annual basis in July. … Continue reading →

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GBP/USD: UK’s RICS house prices rose at its slowest rate in over 4 years in July

Posted on August 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.3010. In the Asian session, at GMT0300, the pair is trading at 1.3, with the GBP trading 0.08% lower against the … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on August 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1759. On the data front, Italy’s seasonally adjusted industrial production rose more-than-expected by 1.1% on a monthly basis in June, compared … Continue reading →

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Trading Signals as per 9-August-2017

Posted on August 9, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2958 1.3048 USD/JPY BUY Active 109.18 109.98 USD/CAD SELL Active 1.2722 1.2624 AUD/USD SELL Active 0.7912 0.7852 NZD/USD BUY Active 0.7291 0.7341 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 crude oil inventories data

Posted on August 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.41% against the USD and closed at USD49.07 per barrel, on news of a rise in exports from key OPEC producers added to concerns over the global … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.35% against the USD and closed at USD16.46 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.51, with the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on August 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.25% against the USD and closed at USD1266.50 per ounce, as investors piled into safe-have metal following fresh geopolitical tensions arising from the Korean Peninsula. In the Asian session, … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence declined in August

Posted on August 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7915. LME Copper prices rose 0.5% or $31.0/MT to $6364.0/MT. Aluminium prices rose 3.2% or $61.0/MT to $1981.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session, ahead of Canada’s housing starts and building permits data

Posted on August 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.2667. In the Asian session, at GMT0300, the pair is trading at 1.2689, with the USD trading 0.17% higher against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady in July

Posted on August 9, 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 0.9727. Macroeconomic data revealed that Switzerland’s seasonally adjusted unemployment rate remained steady at 3.2% in July, at par with market expectations. … Continue reading →

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