Monthly Archives: February 2018

EUR/USD: Recent surge in Euro ‘new headwind’ for inflation, warns ECB’s Draghi

Posted on February 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.2378, after the European Central Bank (ECB) President warned of recent volatility in the Euro. The ECB Chief, Mario Draghi, cautioned … Continue reading →

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Trading Signals as per 05-February-2018

Posted on February 5, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4078 1.4138 USD/CHF BUY Active 0.9268 0.9328 AUD/USD SELL Active 0.7972 0.7912 GBP/CHF SELL Active 1.3169 1.3119 NZD/USD SELL Active 0.7319 0.7268 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 February 5, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD65.41 per barrel on Friday, pressured by rising US crude output and a stronger greenback. On Friday, Baker Hughes reported … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on February 5, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.75% against the USD and closed at USD16.55 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.65, … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on February 5, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.21% against the USD and closed at USD1334.60 per ounce on Friday, as upbeat US jobs report led to a broad strength in the US Dollar. In the Asian … Continue reading →

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AUD/USD: Australia’s services sector activity quickened in January

Posted on February 5, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.92% against the USD and closed at 0.7930 on Friday. LME Copper prices rose 0.6% or $39.0/MT to $7066.0/MT. Aluminium prices rose 0.5% or $10.0/MT to $2228.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on February 5, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the CAD and closed at 1.2389 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2420, with the USD trading 0.25% higher … Continue reading →

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

Posted on February 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 0.9316 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9308, with the USD trading 0.09% lower … Continue reading →

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USD/JPY: Japan’s services sector growth at a 3-month high in January

Posted on February 5, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the JPY and closed at 110.27 on Friday. In the Asian session, at GMT0400, the pair is trading at 109.96, with the USD trading 0.28% lower … Continue reading →

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GBP/USD: UK’s construction sector growth dipped to a 4-month low level in January

Posted on February 5, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.93% against the USD and closed at 1.4123 on Friday, after UK’s construction PMI showed a poor performance in January. Data revealed that activity in UK’s construction sector … Continue reading →

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EUR/USD: Euro-zone’s annual producer prices rose at its weakest pace since July 2017 in December

Posted on February 5, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2494 on Friday. On the economic front, the Euro-zone’s producer price index (PPI) climbed 2.2% on an annual basis in December, … Continue reading →

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