Monthly Archives: July 2018

Silver: White metal trading flat in the Asian session

Posted on July 12, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.49% against the USD and closed at USD15.83 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.83, with silver … Continue reading →

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Gold: Yellow metal trading a tad higher in the morning session

Posted on July 12, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.07% against the USD and closed at USD1243.00 per ounce, as the US dollar strengthened, amid escalating trade war tensions between the US and China. In the Asian session, … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on July 12, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.83% against the USD and closed at 0.7365. LME Copper prices declined 2.0% or $126.0/MT to $6182.0/MT. Aluminium prices declined 0.9% or $20.0/MT to $2120.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC raises key interest rates, despite trade tensions

Posted on July 12, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3211. Yesterday, the Bank of Canada (BoC), at its July monetary policy meeting, raised its benchmark interest rate to 1.50% from … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on July 12, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9957. In the Asian session, at GMT0300, the pair is trading at 0.9958, with the USD trading marginally higher against the … Continue reading →

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

Posted on July 12, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the JPY and closed at 111.94. In the Asian session, at GMT0300, the pair is trading at 112.26, with the USD trading 0.29% higher against the … Continue reading →

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GBP/USD: Sterling extends its losses in the Asian session

Posted on July 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.3205. In the Asian session, at GMT0300, the pair is trading at 1.3196, with the GBP trading 0.07% lower against the … Continue reading →

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EUR/USD: Commitment to the “European Stability Mechanism” necessary for financial stability: Mario Draghi

Posted on July 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1675. The European Central Bank (ECB) President, Mario Draghi stated that the improvement in the euro-area inflation is on a self-sustained … Continue reading →

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Trading Signals as per 11-July-2018

Posted on July 11, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.3332 1.3222 USD/JPY SELL Active 111.42 110.82 AUD/USD SELL Active 0.7452 0.7392 NZD/USD BUY Active 0.6778 0.683 GBP/CHF BUY Active 1.3095 1.3208 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Crude Oil: Crude oil trading lower, ahead of EIA’s weekly crude oil inventories data

Posted on July 11, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil remained flat against the USD and closed at USD74.00 per barrel. Separately, the American Petroleum Institute (API) reported that US crude oil inventories fell 6.8 million barrels to … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on July 11, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.53% against the USD and closed at USD16.07 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.97, with silver … Continue reading →

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