Monthly Archives: August 2017

EUR/USD: Germany’s factory orders sharply advanced in June

Posted on August 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.8% against the USD and closed at 1.1783 on Friday. In economic news, data showed that Germany’s seasonally adjusted factory orders rose more-than-expected by 1.0% on a monthly … Continue reading →

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Trading Signals as per 04-August-2017

Posted on August 4, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY SELL Active 131.22 130.52 AUD/USD SELL Active 0.8012 0.7952 GBP/CHF SELL Active 1.2802 1.2672 USD/JPY SELL Active 110.53 109.88 NZD/USD SELL Active 0.7456 0.7391 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 in the morning session

Posted on August 4, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at USD48.96 per barrel, pressured by concerns about global crude supply glut. In the Asian session, at GMT0300, the pair is … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on August 4, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.85% against the USD and closed at USD16.67 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.65, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 4, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.5% against the USD and closed at USD1274.80 per ounce, lifted by downbeat US services sector data that raised doubts over the possibility of another Federal Reserve interest rate … Continue reading →

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AUD/USD: RBA lowers Australia’s growth forecast, cites currency strength

Posted on August 4, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7957. LME Copper prices declined 0.2% or $10.0/MT to $6290.0/MT. Aluminium prices declined 0.7% or $12.5/MT to $1891.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower, ahead of Canada’s jobs data

Posted on August 4, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2572. In the Asian session, at GMT0300, the pair is trading at 1.2575, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the Asian session

Posted on August 4, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9679. In the Asian session, at GMT0300, the pair is trading at 0.968, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on August 4, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the JPY and closed at 109.95. In the Asian session, at GMT0300, the pair is trading at 110.17, with the USD trading 0.2% higher against the … Continue reading →

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GBP/USD: BoE opted to leave benchmark interest rate steady, lowered UK’s growth forecast

Posted on August 4, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.6% against the USD and closed at 1.3142, after the Bank of England (BoE) downgraded UK’s economic growth forecast. The BoE monetary policy committee voted 6-2 to keep … Continue reading →

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EUR/USD: Euro-zone’s retail sales surprised with an unexpected rise in June

Posted on August 4, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1878, boosted by better-than-expected retail sales data from the Euro-bloc. The Euro-zone’s seasonally adjusted retail sales unexpectedly advanced 0.5% on a … Continue reading →

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