Monthly Archives: August 2017

USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s trade balance data

Posted on August 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9628. In economic news, Switzerland’s total sight deposits rose to a level of CHF579.5 billion in the week ended 18 August, … Continue reading →

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

Posted on August 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 109.01. In the Asian session, at GMT0300, the pair is trading at 109.32, with the USD trading 0.28% higher against the … Continue reading →

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GBP/USD: Pound trading lower in the morning session

Posted on August 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2896. In the Asian session, at GMT0300, the pair is trading at 1.2886, with the GBP trading 0.08% lower against the … Continue reading →

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EUR/USD: German economic growth could top expectations this year: Bundesbank

Posted on August 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1809. Yesterday, the Bundesbank, in its monthly report, stated that German economic growth will likely expand at a faster clip in … Continue reading →

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Trading Signals as per 21-August-2017

Posted on August 21, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9712 0.9642 GBP/USD SELL Active 1.2922 1.2852 USD/JPY SELL Active 109.42 108.62 AUD/USD SELL Active 0.7952 0.7902 EUR/JPY SELL Active 128.52 127.62 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 weaker footing this morning

Posted on August 21, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.58% against the USD and closed at USD48.64 per barrel on Friday, following reports of a unit shutdown at one of the largest oil refineries in the … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on August 21, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD17.03 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.97, … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on August 21, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.06% against the USD and closed at USD1293.50 per ounce on Friday, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1291.50, … Continue reading →

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AUD/USD: Aussie Dollar trading marginally lower in the morning session

Posted on August 21, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.7933 on Friday. LME Copper prices declined 0.1% or $8.0/MT to $6452.0/MT. Aluminium prices rose 0.4% or $8.5/MT to $2104.0/MT. In … Continue reading →

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USD/CAD: Canadian annual inflation rose as expected in July

Posted on August 21, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.8% against the CAD and closed at 1.2578 on Friday. The Canadian dollar rose against the USD, after Canada’s consumer price index advanced 1.2% on an annual basis … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher this morning

Posted on August 21, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9654 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9653, with the USD trading marginally lower … Continue reading →

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