GBP/USD: Sterling trading a tad lower in the Asian session

Posted on June 8, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly higher against the USD and closed at 1.3420. On the data front, UK’s Halifax house price index rebounded 1.5% on monthly basis in May, beating market expectations … Continue reading →

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EUR/USD: Euro-zone’s economy expanded as initially estimated in 1Q 2018

Posted on June 8, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1798. Data indicated that the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.4% on a quarterly basis in the … Continue reading →

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Trading Signals as per 07-June-2018

Posted on June 7, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9768 0.9848 USD/JPY SELL Active 110.32 109.72 AUD/USD BUY Active 0.7618 0.7668 EUR/JPY SELL Active 130.52 129.72 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil extends its losses in the morning session

Posted on June 7, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD65.09 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles unexpectedly rose 2.1 million … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on June 7, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.15% against the USD and closed at USD16.71 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.69, with silver trading 0.15% lower against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on June 7, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1299.90 per ounce, amid strength global equities. In the Asian session, at GMT0300, the pair is trading at 1301.10, with gold trading … Continue reading →

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AUD/USD: Australia’s trade surplus narrowed more than estimated in May

Posted on June 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.7664. LME Copper prices declined/rose 2.52% or $176.0/MT to $7147.0/MT. Aluminium prices rose 0.13% or $3.0/MT to $2317.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian trade deficit narrowed to a 6-month low level in April

Posted on June 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.2959. On the macro front, Canada’s trade deficit contracted to a 6-month low level of C$1.90 billion in April, amid a surge … Continue reading →

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USD/CHF: Switzerland’s inflation advanced above expectations in May

Posted on June 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9865. Macroeconomic data indicated that Switzerland’s consumer price index (CPI) rose by 0.4% on a monthly basis in May, more than … Continue reading →

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USD/JPY: Japanese yen trading higher, ahead of Japan’s 1Q GDP data

Posted on June 7, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the JPY and closed at 110.21. In the Asian session, at GMT0300, the pair is trading at 109.88, with the USD trading 0.30% lower against the … Continue reading →

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

Posted on June 7, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3410. In the Asian session, at GMT0300, the pair is trading at 1.3426, with the GBP trading 0.12% higher against the … Continue reading →

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