Monthly Archives: August 2017

USD/JPY: Japanese Yen trading on a stronger footing in the morning session

Posted on August 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the JPY and closed at 110.12. The Japanese Yen gained ground, amid increased risk aversion among investors after the US President, Donald Trump promised a reprisal … Continue reading →

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GBP/USD: Pound trading marginally lower in the Asian session

Posted on August 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2994. In the Asian session, at GMT0300, the pair is trading at 1.2987, with the GBP trading a tad lower against … Continue reading →

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EUR/USD: German trade surplus at a 10-month high in June

Posted on August 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1763. On the macro front, Germany’s seasonally adjusted trade surplus widened to a ten-month high level of €21.2 billion in June, … Continue reading →

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Trading Signals as per 8-August-2017

Posted on August 8, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1778 1.1828 USD/CHF BUY Active 0.9688 0.9748 AUD/USD BUY Active 0.7888 0.7938 USD/CAD BUY Active 1.2638 1.2688 GBP/CHF BUY Active 1.2649 1.273 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 extends its losses, ahead of API’s weekly crude oil inventories data

Posted on August 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.5% against the USD and closed at USD49.27 per barrel, after production at Libya’s largest oil field resumed after a brief disruption. In the Asian session, at … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on August 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.15% against the USD and closed at USD16.24 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.26, with the silver trading 0.12% higher against … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on August 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.12% against the USD and closed at USD1262.80 per ounce, amid strength in US equities. In the Asian session, at GMT0300, the pair is trading at 1265.50, with the … Continue reading →

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AUD/USD: Australia’s NAB business conditions improved to a 9-year high level in July

Posted on August 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.4% against the USD and closed at 0.791. LME Copper prices rose 0.05% or $3.0/MT to $6333.0/MT. Aluminium prices rose 1.6% or $30.0/MT to $1920.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s housing starts data

Posted on August 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2680. In the Asian session, at GMT0300, the pair is trading at 1.2665, with the USD trading 0.12% lower against the … Continue reading →

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USD/CHF: Switzerland’s consumer prices fell further in July

Posted on August 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9734. On the data front, Switzerland’s consumer price index (CPI) fell 0.3% on a monthly basis in July, in line with … Continue reading →

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USD/JPY: Japan posted a less-than-expected trade surplus in June

Posted on August 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 110.75. In economic news, Japan’s flash leading economic index advanced to a level of 106.3 in June, surpassing market expectations of … Continue reading →

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