USD/JPY: Japan’s economy surprisingly contracted in the first three months of 2018

Posted on May 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 110.25. In the Asian session, at GMT0300, the pair is trading at 110.26, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK’s ILO unemployment remained steady at a 42 year low in the three months to March, wage growth slows in the same period

Posted on May 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.3501, after fresh figures pointed to a slowdown in UK’s wage growth. On the macro front, Britain’s ILO unemployment rate remained … Continue reading →

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EUR/USD: GDP growth across the Euro-bloc slowed in the first quarter of 2018

Posted on May 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.89% against the USD and closed at 1.1824, following downbeat GDP figures across the Euro-zone. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose … Continue reading →

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Trading Signals as per 15-May-2018

Posted on May 15, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0052 0.9972 GBP/USD BUY Active 1.3488 1.3558 USD/JPY BUY Active 109.68 110.18 AUD/USD BUY Active 0.7478 0.7528 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 reverses its gains, ahead of API’s weekly crude oil inventories data

Posted on May 15, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD71.10 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC), in its monthly report, revised up its demand … Continue reading →

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Silver: White metal trading a tad higher in the morning session

Posted on May 15, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.14% against the USD and closed at USD16.55 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading →

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Gold: Yellow metal trading flat in the Asian session

Posted on May 15, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.56% against the USD and closed at USD1313.90 per ounce, amid strength in the greenback and signs of easing trade conflicts between the US and China. In the Asian … Continue reading →

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AUD/USD: Board members see scant evidence for a near-term interest rate hike: RBA minutes

Posted on May 15, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7526. LME Copper prices declined 0.60% or $41.0/MT to $6628.0/MT. Aluminium prices rose 0.53% or $12.0/MT to $2285.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s existing home sales data

Posted on May 15, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2803. On the macro front, Canada’s Teranet/National Bank house price index advanced 0.2% on a monthly basis in April, after recording … Continue reading →

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USD/CHF: Swiss Franc trading flat this morning

Posted on May 15, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 1.0004. Macroeconomic data indicated that Switzerland’s total sight deposits inched up to a level of CHF576.2 billion in the week ended … Continue reading →

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USD/JPY: Japanese Yen trading flat in the Asian session

Posted on May 15, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 109.71. In economic news, Japan’s preliminary machine tool orders climbed 22.0% on an annual basis in April, compared to a rise … Continue reading →

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