Monthly Archives: May 2018

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

Posted on May 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9924. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.4 billion in the week ended 18 … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth cooled to a 9-month low in May

Posted on May 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 110.84. In the Asian session, at GMT0300, the pair is trading at 110.44, with the USD trading 0.36% lower against the … Continue reading →

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GBP/USD: Interest rates could increase six times in the next three years: Gertjan Vlieghe

Posted on May 23, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3432, Yesterday, the Bank of England (BoE) policymaker, Gertjan Vlieghe stated that he expects interest rates to rise at a faster … Continue reading →

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EUR/USD: Euro trading on a weaker footing, ahead of key economic releases across the Euro-bloc

Posted on May 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1780. In economic news, data indicated that the US Richmond Fed manufacturing index advanced more-than-expected to a level of 16.0 in … Continue reading →

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Trading Signals as per 22-May-2018

Posted on May 22, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1768 1.1858 GBP/USD SELL Active 1.3502 1.3432 USD/CAD SELL Active 1.2812 1.2732 GBP/CHF BUY Active 1.3342 1.3434 NZD/USD SELL Active 0.6994 0.6943 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 gains, ahead of API’s weekly crude oil inventories data

Posted on May 22, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.93% against the USD and closed at USD72.54 per barrel, after the outcome of Venezuelan presidential election triggered worries that the country’s oil production could fall further. … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on May 22, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.58% against the USD and closed at USD16.54 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.50, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on May 22, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.21% against the USD and closed at USD1292.00 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1290.20, with gold … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on May 22, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.86% against the USD and closed at 0.7587. LME Copper prices rose 1.14% or $77.5/MT to $6861.0/MT. Aluminium prices declined 0.81% or $18.5/MT to $2278.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower this morning

Posted on May 22, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.75% against the CAD and closed at 1.2776. In the Asian session, at GMT0300, the pair is trading at 1.2777, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc trading slightly lower in the Asian session

Posted on May 22, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9966. In the Asian session, at GMT0300, the pair is trading at 0.9969, with the USD trading marginally higher against the … Continue reading →

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