USD/CAD: Canada’s economic growth slowest in 2 years in the first three months of 2018

Posted on June 1, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.2945. The Canadian Dollar declined against the US Dollar, following news that US will impose tariffs on steel and aluminium imported … Continue reading →

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USD/CHF: Switzerland’s economy grew more-than-expected in 1Q 2018

Posted on June 1, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9843. Macroeconomic data showed that Switzerland’s seasonally adjusted gross domestic product (GDP) increased 0.6% on a quarterly basis in the first … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth cooled less than initially estimated in May

Posted on June 1, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 108.75. In the Asian session, at GMT0300, the pair is trading at 109.22, with the USD trading 0.43% higher against the … Continue reading →

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GBP/USD: Britain’s April consumer credit surged by the most since November 2016

Posted on June 1, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.3297, after data showed that UK’s net consumer credit rose £1.8 billion in April, posting its highest increase since November 2016 … Continue reading →

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EUR/USD: Euro-zone’s annual inflation accelerated to a more than 12-month high in May

Posted on June 1, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1702, helped by receding worries over Italy’s political turmoil and a surge in the Euro-zone’s annual inflation. Data showed that the … Continue reading →

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Trading Signals as per 31-May-2018

Posted on May 31, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9848 0.9908 USD/CAD BUY Active 1.2798 1.2608 EUR/JPY SELL Active 127.72 126.12 NZD/USD BUY Active 0.6966 0.7018 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 trading higher, ahead of EIA’s weekly crude oil inventories data

Posted on May 31, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.91% against the USD and closed at USD68.14 per barrel, following reports that OPEC and Russia would stick to their oil supply cuts until the end of … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 31, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.73% against the USD and closed at USD16.54 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.52, with silver trading 0.09% lower against the … Continue reading →

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Gold: Yellow metal trading a tad higher in the Asian session

Posted on May 31, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1306.10 per ounce, amid weakness in US Dollar. In the Asian session, at GMT0300, the pair is trading at 1306.60, with gold … Continue reading →

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AUD/USD: RBA would start raising interest rates by the year-end: OECD

Posted on May 31, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.95% against the USD and closed at 0.7573. Yesterday, the OECD stated that it expects Australia’s economic growth to accelerate by 2.9% in 2018 and by 3.0% next … Continue reading →

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USD/CAD: BoC maintained key interest rate steady, keeps door open for a June rate hike

Posted on May 31, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.0% against the CAD and closed at 1.2890. The Canadian Dollar advanced against the USD, after the Bank of Canada (BoC), at its May monetary policy meeting, hinted … Continue reading →

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