Silver: White metal trading on a stronger footing this morning

Posted on June 5, 2015 by GCI Financial

Silver Movement Silver prices declined 2.13% to USD 16.10 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.15, with silver trading 0.31% higher from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on June 5, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1176.20 per ounce, after US initial jobless claims rose less than expected, thus raising expectations that the Fed’s interest rate hike … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s unemployment rate data

Posted on June 5, 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 1.2506. In economic news, Canada’s Ivey PMI surged to a 19-month high level of 62.3 in May, from 58.2 recorded in … Continue reading →

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USD/CHF: Swiss Franc reverses its losses this morning

Posted on June 5, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9358. In the Asian session, at GMT0300, the pair is trading at 0.9349, with the USD trading 0.09% lower from yesterday’s … Continue reading →

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Trading Signals as per 4-June-2015

Posted on June 4, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1238 1.1398 USD/CHF BUY Active 0.9238 0.9348 GBP/USD SELL Active 1.5422 1.5272 EUR/JPY BUY Active 139.68 141.18 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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EUR/USD: The ECB keeps its interest rates unchanged, revises 2015 inflation expectations

Posted on June 4, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1269, following an optimistic speech from the ECB Chief, Mario Draghi. Yesterday, the ECB President stated that the central bank’s €1.1 … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on June 4, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.02% against the USD for the 24 hour period ending 23:00GMT, closing at 59.67, as it is widely expected that the OPEC will maintain its current levels of production, despite global supply glut … Continue reading →

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Silver: White metal trading on a higher footing in the Asian session

Posted on June 4, 2015 by GCI Financial

Silver Movement Silver prices declined 1.94% to USD 16.45 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 16.46, with the silver trading 0.09% higher … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on June 4, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1185.20 per ounce, on signs that the ECB could alter its stimulus plan, while the US ADP employment data beat expectations, … Continue reading →

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AUD/USD: Australia’s retail sales miss market expectations

Posted on June 4, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7777. LME Copper prices declined 0.11% or $6.5/MT to $5992.0/MT. Aluminium prices rose 0.29% or $5.0/MT to $1716.5/MT. In the Asian … Continue reading →

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

Posted on June 4, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2456. Yesterday, data showed that Canada’s international merchandise trade deficit narrowed to C$2.97 billion in April, following a revised trade deficit … Continue reading →

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