EUR/USD: Euro trading a tad lower in the Asian session

Posted on November 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1595. Macroeconomic data released in the US showed that mortgage applications remained flat in the week ended 03 November, comparted to … Continue reading →

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Trading Signals as per 8-November-2017

Posted on November 8, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9948 1.0008 USD/JPY SELL Active 114.32 113.62 AUD/USD BUY Active 0.7618 0.7668 GBP/CHF SELL Active 1.3213 1.3102 EUR/JPY SELL Active 132.52 131.62 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 unchanged in the morning session, ahead of EIA’s crude inventories data

Posted on November 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.44% against the USD and closed at USD57.00 per barrel, after the OPEC, in its 2017 World Oil Outlook, raised its projection for US shale oil production … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on November 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.34% against the USD and closed at USD16.99 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at USD17.01 per ounce, … Continue reading →

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

Posted on November 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.48% against the USD and closed at USD1275.70 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at USD1278.10 per … Continue reading →

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AUD/USD: Aussie Dollar trading marginally lower in the morning session

Posted on November 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.46% against the USD and closed at 0.7650. LME Copper prices declined 0.6% or $39.5/MT to $6863.0/MT. Aluminium prices slipped 1.0% or $21.0/MT to $2131.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC Governor defended inflation target, stayed neutral on interest rates

Posted on November 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD and closed at 1.2769. The Bank of Canada (BoC) Governor, Stephen Poloz, defended the use of inflation targets and restated that policymakers would be … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on November 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9995. In the Asian session, at GMT0400, the pair is trading at 0.9989, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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

Posted on November 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 113.80. In the Asian session, at GMT0400, the pair is trading at 113.80, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK Halifax house prices advanced at their fastest rate since February

Posted on November 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3173. Data showed that the UK Halifax house price index rose 4.5% on a yearly basis in the August to October … Continue reading →

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EUR/USD: ECB Chief stated there is little evidence that negative interest rates have affected profitability of banks

Posted on November 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1596. The European Central Bank (ECB) President, Mario Draghi, stated that most of the financial stability issues that were linked to … Continue reading →

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