Monthly Archives: February 2018

Gold: Yellow metal trading on a weaker footing this morning

Posted on February 23, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.63% against the USD and closed at USD1334.00 per ounce, amid weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1330.20, with gold … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on February 23, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.56% against the USD and closed at 0.7843. LME Copper prices rose 0.4% or $29.0/MT to $7032.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $2194.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian retail sales posted its biggest drop since March 2016 in December

Posted on February 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.2704. The Canadian Dollar fell against the USD, after Canada’s retail sales suffered an unexpected drop in December. Data indicated that … Continue reading →

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USD/CHF: Switzerland’s industrial output climbed in 4Q 2017

Posted on February 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CHF and closed at 0.9326. In economic news, Switzerland’s industrial production grew 8.7% on an annual basis in the October-December 2017 period. In the previous … Continue reading →

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USD/JPY: Japan’s annual inflation jumped to its strongest level in nearly 4 years in January

Posted on February 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.6% against the JPY and closed at 106.70. In the Asian session, at GMT0400, the pair is trading at 106.90, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: UK’s economy grew less than initially estimated in the final three months of 2017

Posted on February 23, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.35% against the USD and closed at 1.3960, shrugging off disappointing GDP report from the UK. In economic news, the second estimate of Britain’s gross domestic product (GDP) … Continue reading →

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EUR/USD: Governing Council could revisit policy guidance soon: ECB minutes

Posted on February 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.2335, after minutes of the European Central Bank’s (ECB) January meeting hinted that policymakers could soon indicate that it is mulling … Continue reading →

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Trading Signals as per 22-February-2018

Posted on February 22, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2342 1.2252 GBP/USD SELL Active 1.3972 1.3842 USD/JPY BUY Active 106.68 107.58 USD/CAD BUY Active 1.2658 1.2728 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil extends its losses, ahead of EIA’s weekly crude oil inventories data

Posted on February 22, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.1% against the USD and closed at USD61.30 per barrel, as strength in the US Dollar continued to hurt demand for the commodity. Separately, the American Petroleum … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 22, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.49% against the USD and closed at USD16.53 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 16.47, with silver … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on February 22, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.2% against the USD and closed at USD1326.60 per ounce, as the release of hawkish FOMC meeting minutes boosted gains in the US Dollar. In the Asian session, at … Continue reading →

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