Monthly Archives: August 2017

USD/CAD: Canada’s retail sales posted a modest rise in June

Posted on August 23, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2567. On the economic front, Canada’s retail sales rose 0.1% MoM in June, lower than market expectations for a rise of … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in July

Posted on August 23, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CHF and closed at 0.9684. Macroeconomic data indicated that Switzerland’s trade surplus widened more-than-anticipated to a level of CHF3.51 billion in July, from a revised … Continue reading →

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USD/JPY: Japan’s manufacturing sector notches a 3-month high level in August

Posted on August 23, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the JPY and closed at 109.71. In the Asian session, at GMT0300, the pair is trading at 109.52, with the USD trading 0.17% lower against the … Continue reading →

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GBP/USD: Britain’s public sector net borrowing posted a surplus in July

Posted on August 23, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2821. On the data front, UK’s public sector net borrowing has reported a surplus of £0.8 billion in July, as compared … Continue reading →

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EUR/USD: German investor confidence at 10-month low in August

Posted on August 23, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1764, pressured by a weaker-than-expected reading on investor confidence across the Euro-zone. Data indicated that the Euro-zone’s ZEW economic sentiment index … Continue reading →

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Trading Signals as per 22-August-2017

Posted on August 22, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1768 1.1828 USD/JPY SELL Active 108.88 109.58 USD/CAD SELL Active 1.2582 1.2532 NZD/USD SELL Active 0.7355 0.7305 GBP/CHF SELL Active 1.2489 1.2376 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 reverses its losses this morning, ahead of the API’s weekly crude oil inventories data

Posted on August 22, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.31% against the USD and closed at USD47.42 per barrel, erasing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 47.55, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 22, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.21% against the USD and closed at USD16.99 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.97, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 22, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.43% against the USD and closed at USD1296.60 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1293.80, … Continue reading →

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AUD/USD: Aussie Dollar trading flat in the Asian session

Posted on August 22, 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 0.7937. LME Copper prices rose 1.0% or $62.5/MT to $6514.5/MT. Aluminium prices declined 0.9% or $19.5/MT to $2084.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally higher, ahead of Canada’s retail sales data

Posted on August 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2562. On the macro front, Canada’s wholesale sales fell 0.5% in June, meeting market expectations and compared to a revised rise … Continue reading →

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