GBP/USD: Pound reversed its losses in the Asian session

Posted on September 7, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP declined 0.46% against the USD and closed at 1.5183. In the Asian session, at GMT0300, the pair is trading at 1.5191, with the GBP trading marginally higher from yesterday’s close. The pair is expected … Continue reading →

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EUR/USD: Euro extends its gains ahead of Germany’s industrial production data

Posted on September 7, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.22% against the USD and closed at 1.1145. In economic news, the German factory orders dropped 1.40%MoM in July, compared to a revised advance of 1.80% in the previous month, while markets anticipated … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on September 7, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.39% against the USD for the period ending 21:00GMT, closing at 46.04, after mixed US jobs data raised demand growth concerns for the commodity from the world’s largest consumer of oil. … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on September 7, 2015 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.85% to USD 14.58 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.59, with the silver trading 0.1% … Continue reading →

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Gold: Yellow metal reverses its losses this morning

Posted on September 7, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded lower by 0.21% against the USD in the period ending 21:00GMT, at 1121.80 per ounce, after the release of mixed US employment data failed to provide clarity over the timing of an interest … Continue reading →

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

Posted on September 7, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 1.41% against the USD to close at 0.6918. LME Copper prices declined 1.80% or $94.5/MT to $5155.5/MT. Aluminium prices declined 0.31% or $5.0/MT to $1601.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s unemployment rate increased to 7.0%

Posted on September 7, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose0.54% against the CAD to close at 1.3263. The CAD weakened, after Canada’s unemployment rate unexpectedly climbed to 7.0% in August, from 6.8% recorded in July. However, net number of people employed in the … Continue reading →

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USD/CHF: Swiss consumer prices continue to fall

Posted on September 7, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.10% against the CHF and closed at 0.9725, after the US non-farm payrolls increased less than market forecasts. In economic news, consumer prices in Switzerland recorded its steepest fall in 56 years, dipping … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of Japan’s second-quarter GDP data

Posted on September 7, 2015 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.91% against the JPY and closed at 119.06. In the Asian session, at GMT0300, the pair is trading at 119.35, with the USD trading 0.24% higher from Friday’s close. Overnight data showed that … Continue reading →

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Trading Signals as per 04-September-2015

Posted on September 4, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1068 1.1188 USD/CHF BUY Active 0.9658 0.9788 AUD/USD SELL Active 0.7042 0.6952 USD/CAD BUY Active 1.3138 1.3298 GBP/CHF SELL Active 1.4942 1.4752 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on September 4, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 120.15. In the Asian session, at GMT0300, the pair is trading at 119.63, with the USD trading 0.43% lower from yesterday’s … Continue reading →

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