Gold: Yellow metal trading on a weaker footing this morning

Posted on September 1, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.99% against the USD and closed at USD1326.60 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1324.70, … Continue reading →

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AUD/USD: Australia’s manufacturing sector expanded at its fastest pace in 15 years in August

Posted on September 1, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.7943. LME Copper prices rose 0.6% or $37.0/MT to $6792.0/MT. Aluminium prices rose 2.3% or $47.0/MT to $2113.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian economy expanded at its fastest annualised rate in nearly six years in 2Q 2017

Posted on September 1, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.13% against the CAD and closed at 1.2480. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) advanced 0.3% on a monthly basis in June, surpassing … Continue reading →

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

Posted on September 1, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9596. In the Asian session, at GMT0300, the pair is trading at 0.9597, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth revised lower in August

Posted on September 1, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 110.06. In the Asian session, at GMT0300, the pair is trading at 110.05, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: Interest rates need to start rising now: BoE’s Michael Saunders

Posted on September 1, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2941, following hawkish remarks from the Bank of England’s (BoE) monetary policy committee member, Michael Saunders. Michael Saunders urged for an … Continue reading →

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EUR/USD: Euro-zone’s annual inflation jumped to a 4-month high in August, unemployment rate remained steady at an 8-year low in July

Posted on September 1, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1913, following robust economic data in the Euro-zone. Data indicated that the Euro-zone’s preliminary consumer price index (CPI) climbed more-than-expected by … Continue reading →

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Trading Signals as per 31-August-2017

Posted on August 31, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1942 1.1872 GBP/USD SELL Active 1.2913 1.2832 USD/JPY BUY Active 110.08 110.78 AUD/USD SELL Active 0.7922 0.7862 NZD/USD BUY Active 0.7109 0.7170 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 higher in the morning session

Posted on August 31, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at USD45.75 per barrel, amid persistent concerns over bloating US crude inventories and reducing oil demand. Separately, the Energy Information Administration … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 31, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD17.48 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.40, with the silver trading 0.46% lower against … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on August 31, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.19% against the USD and closed at USD1313.60 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1307.50, with … Continue reading →

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