USD/CAD: Canada’s Ivey purchasing managers index expanded at a slower pace in June

Posted on August 8, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3060. Macroeconomic data showed that Canada’s seasonally adjusted Ivey PMI expanded at a slower pace to record a level of 61.8 … Continue reading →

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

Posted on August 8, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9955. In the Asian session, at GMT0300, the pair is trading at 0.9950, with the USD trading 0.05% lower against the … Continue reading →

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USD/JPY: Japan posted a less-than-estimated trade surplus in June

Posted on August 8, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the JPY and closed at 111.37. On the data front, Japan’s flash leading economic index dropped to a level of 105.2 in June, while market participants … Continue reading →

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GBP/USD: UK’s Halifax house prices advanced by the most since November 2017 in July

Posted on August 8, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined slightly against the USD and closed at 1.2943. Data revealed that UK’s Halifax house price index advanced 3.3% on a yearly basis in the three months ended May-July … Continue reading →

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EUR/USD: Germany’s trade surplus widened beyond market forecast in June

Posted on August 8, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1600. In the economic news, Germany’s seasonally adjusted trade surplus widened to €21.8 billion in June, more than market expectations for … Continue reading →

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Trading Signals as per 07-08-2018

Posted on August 7, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9992 0.9932 GBP/USD BUY Active 1.2918 1.2988 USD/CAD SELL Active 1.3012 1.2962 AUD/USD SELL Active 0.7462 0.7412 GBP/CHF BUY Active 1.2863 1.2931 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 trading higher, ahead of API’s weekly crude oil inventories data

Posted on August 7, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at USD68.90 per barrel, amid reports of a fall in Saudi Arabia’s crude output and following renewed US sanctions against Iran. … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on August 7, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.03% against the USD and closed at USD15.33 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.34, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on August 7, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.71% against the USD and closed at USD1216.60 per ounce, amid broad strength in greenback and US equities. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: RBA keeps policy rate unchanged

Posted on August 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7386. LME Copper prices declined 0.7% or $15.5/MT to $6040.0/MT. Aluminium prices rose/declined 2.1% or $127.0/MT to $2000.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading reverses its losses in the morning session

Posted on August 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3003. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.08% lower against the … Continue reading →

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