Gold: Yellow metal reverses its gains in the morning session

Posted on February 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.35% against the USD and closed at USD1320.80 per ounce, boosted by safe-haven demand after a sharp decline in US equities spooked investors. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: RBA upbeat on economy, slashed unemployment forecast

Posted on February 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.66% against the USD and closed at 0.7776, after the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, diminished the odds of an imminent interest rate hike, on … Continue reading →

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USD/CAD: Canada’s housing starts slightly declined in January

Posted on February 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.2595. On the data front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 216.2K in January, compared to … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Swiss unemployment rate data

Posted on February 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CHF and closed at 0.9360. In the Asian session, at GMT0400, the pair is trading at 0.9377, with the USD trading 0.18% higher against the … Continue reading →

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USD/JPY: Japan’s tertiary industry index unexpectedly declined in December

Posted on February 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the JPY and closed at 108.73. In the Asian session, at GMT0400, the pair is trading at 108.97, with the USD trading 0.22% higher against the … Continue reading →

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GBP/USD: BoE left the key interest rate unchanged at 0.50%, signalled at sooner and sharper rise in interest rates

Posted on February 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3923, after the Bank of England (BoE) lifted UK’s economic growth forecasts and hinted at rapid monetary policy tightening. The BoE, … Continue reading →

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EUR/USD: Robust growth expected to continue in the near term: ECB economic bulletin

Posted on February 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2249. Yesterday, the European Central Bank (ECB), in its latest economic bulletin report, stated that the Euro-zone economy is expected to … Continue reading →

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Trading Signals as per 08-February-2018

Posted on February 8, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2208 1.2318 GBP/USD SELL Active 1.3992 1.3862 USD/CAD BUY Active 1.2538 1.2628 EUR/JPY BUY Active 133.58 134.88 NZD/USD SELL Active 0.7262 0.7173 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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AUD/USD: Aussie trading marginally higher in the morning session

Posted on February 8, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.94% against the USD and closed at 0.7815. LME Copper prices declined 0.8% or $54.0/MT to $7006.0/MT. Aluminium prices declined 0.7% or $14.5/MT to $2181.5/MT. In the Asian … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher this morning

Posted on February 8, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.86% against the CHF and closed at 0.9435. In the Asian session, at GMT0400, the pair is trading at 0.9440, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japan’s trade surplus widened above expectations in December

Posted on February 8, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 109.37. In the Asian session, at GMT0400, the pair is trading at 109.37, with the USD trading flat against the JPY … Continue reading →

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