Monthly Archives: January 2018

USD/CAD: Canadian building permits tumbled to its lowest level since March 2016 in November

Posted on January 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.7% against the CAD and closed at 1.2549. The Canadian Dollar plunged against the USD, following media reports that the US President, Donald Trump, would withdraw the United … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on January 11, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CHF and closed at 0.9780. In the Asian session, at GMT0400, the pair is trading at 0.9788, with the USD trading 0.08% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on January 11, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.11% against the JPY and closed at 111.39. In the Asian session, at GMT0400, the pair is trading at 111.73, with the USD trading 0.31% higher against the … Continue reading →

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GBP/USD: UK’s total trade deficit widened to a 5-month high level in November

Posted on January 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3507, after Britain’s total trade deficit unexpectedly widened in November. Data showed that UK’s total trade deficit widened to £2.8 billion … Continue reading →

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EUR/USD: Euro trading flat in the Asian session, ahead of ECB’s December meeting minutes

Posted on January 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1952. In economic news, industrial production in France retreated 0.5% on a monthly basis in November, meeting market expectations and compared … Continue reading →

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Trading Signals as per 10-January-2018

Posted on January 10, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.2502 1.2402 AUD/USD SELL Active 0.7902 0.7842 GBP/CHF BUY Active 1.3185 1.3274 EUR/JPY SELL Active 134.12 133.22 NZD/USD SELL Active 0.7225 0.7165 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, ahead of EIA’s weekly crude oil inventories data

Posted on January 10, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 2.65% against the USD and closed at USD63.50 per barrel, following a bigger-than-expected fall in the US crude oil inventories. The American Petroleum Institute (API) reported that … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on January 10, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.99% against the USD and closed at USD16.98 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.98, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on January 10, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.52% against the USD and closed at USD1313.60 per ounce, as the US dollar rallied along with global equities, taking the shine out of the safe-haven asset. In the … Continue reading →

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AUD/USD: Aussie trading a tad higher in the Asian session

Posted on January 10, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7822. LME Copper prices rose 0.1% or $7.5/MT to $7092.0/MT. Aluminium prices declined 1.6% or $34.0/MT to $2143.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts declined in December

Posted on January 10, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.2462. On the macro front, Canada’s seasonally adjusted housing starts eased to a level of 217.0K in December, less than market … Continue reading →

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