Monthly Archives: August 2017

GBP/USD: Britain’s Halifax house prices sharply rebounded in July

Posted on August 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.3034. On the data front, UK’s seasonally adjusted Halifax house price index rebounded more-than-expected by 0.4% on a monthly basis in … Continue reading →

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EUR/USD: Euro-zone’s investor confidence slipped in August, German industrial production surprisingly fell in June

Posted on August 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1794. On the macro front, the Euro-zone’s Sentix investor confidence index dropped to a three-month low level of 27.7 in August. … Continue reading →

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Trading signals as per 7-August-2017

Posted on August 7, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1852 1.1772 USD/CHF BUY Active 0.9698 0.9768 USD/JPY SELL Active 111.12 110.62 USD/CAD SELL Active 1.2712 1.2642 GBP/CHF BUY Active 1.2645 1.2735 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 stronger footing this morning

Posted on August 7, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.08% against the USD and closed at USD49.49 per barrel on Friday, after Baker Hughes reported that active oil rigs in the US fell by 1 to … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 7, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.46% against the USD and closed at USD16.26 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.23, … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on August 7, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.82% against the USD and closed at USD1264.90 per ounce, as demand for the precious metal eased after better-than-expected US employment data boosted gains in the US Dollar. In … Continue reading →

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AUD/USD: Australia’s construction sector expanded at its fastest pace in 12 years in July

Posted on August 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.31% against the USD and closed at 0.7932 on Friday. LME Copper prices rose 0.6% or $40.0/MT to $6330.0/MT. Aluminium prices declined 0.1% or $1.5/MT to $1890.0/MT. In … Continue reading →

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USD/CAD: Canadian unemployment rate lowest since October 2008 in July

Posted on August 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD and closed at 1.2652 on Friday. Macroeconomic data indicated that Canada’s unemployment rate unexpectedly fell to 6.3% in July, hitting its lowest in nine … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s inflation data

Posted on August 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CHF and closed at 0.9727 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9718, with the USD trading 0.09% lower … Continue reading →

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USD/JPY: Japanese Yen trading marginally lower in the morning session

Posted on August 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the JPY and closed at 110.68 on Friday. In the Asian session, at GMT0300, the pair is trading at 110.72, with the USD trading a tad … Continue reading →

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GBP/USD: Pound trading a tad higher in the Asian session

Posted on August 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.72% against the USD and closed at 1.3047 on Friday. The US gained ground against the Pound following better than expected US jobs data for July. In the … Continue reading →

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