Gold: Yellow metal extends its losses in the Asian session

Posted on July 17, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1143.80 per ounce, as possibility of an imminent rate hike by the Fed remained high, after the US initial jobless claims … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on July 17, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7410. LME Copper prices declined 1.20% or $67.0/MT to $5530.0/MT. Aluminium prices declined 0.63% or $10.5/MT to $1664.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing ahead of Canada’s CPI data

Posted on July 17, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2966. In the Asian session, at GMT0300, the pair is trading at 1.2961, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc reverses its losses this morning

Posted on July 17, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CHF and closed at 0.9574. The Swiss Franc lost ground, after real retail sales in the nation slid 1.8% YoY in May, compared to a … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

Posted on July 17, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 124.16. Yesterday, the BOJ monthly economic survey indicated that Japan’s economy has continued to recover at a moderate pace. Further, the … Continue reading →

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GBP/USD: Interest rates hike as soon as end of the year, indicated the BoE Chief

Posted on July 17, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5609. Yesterday, the BoE Chief, Mark Carney, in a speech, gave strong signals about the timing of an interest rate hike … Continue reading →

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Trading Signals as per 16-July-2015

Posted on July 16, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5692 1.5572 USD/CAD BUY Active 1.2858 1.2978 NZD/USD SELL Active 0.6582 0.6482 USD/JPY SELL Active 124.22 123.52 EUR/JPY SELL Active 136.12 134.92 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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EUR/USD: The Greek Parliament voted “Yes” on bailout bill

Posted on July 16, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.51% against the USD and closed at 1.0957. Yesterday, the Greek Parliament approved the new bailout package of €86 billion, coming with tough austerity measures demanded by its … Continue reading →

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Crude Oil: Oil reverses its losses in the Asian session

Posted on July 16, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.00% against the USD for the 24 hour period ending 23:00GMT, closing at 51.70, on escalated concerns of a global oil oversupply, after Iran clinched a deal with the West and eventually led … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on July 16, 2015 by GCI Financial

Silver Movement Silver prices declined 1.66% to USD 15.07 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.04, with the silver trading 0.17% lower … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 16, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1148.10 per ounce, after the Fed Chief, Janet Yellen, in her testimony, reiterated that the central bank will likely raise its … Continue reading →

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