USD/CAD: Loonie trading higher, ahead of Canada’s GDP growth data

Posted on May 31, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3469. On the macro front, Canada’s current account deficit widened more-than-expected to a level of C$14.1 billion in 1Q 2017, from … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator dropped in May

Posted on May 31, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9758. On the macro front, Switzerland’s KOF leading indicator fell more-than-anticipated to a level of 101.6 in May, compared to market … Continue reading →

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USD/JPY: Japanese industrial output posted its biggest jump in nearly 6 years in April

Posted on May 31, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the JPY and closed at 110.84. In the Asian session, at GMT0300, the pair is trading at 111.17, with the USD trading 0.3% higher against the … Continue reading →

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GBP/USD: UK’s GfK consumer confidence edged up to a 4-month high level in May

Posted on May 31, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.1% against the USD and closed at 1.2807. In the Asian session, at GMT0300, the pair is trading at 1.2829, with the GBP trading 0.17% higher against the … Continue reading →

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EUR/USD: German annual inflation slowed more-than-expected in May

Posted on May 31, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1173. On the data front, Germany’s preliminary consumer price index (CPI) climbed less-than-expected by 1.5% on an annual basis in May, … Continue reading →

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Trading Signals as per 30-May-2017

Posted on May 30, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit AUD/USD BUY Active 0.7418 0.7468 USD/JPY BUY Active 110.58 111.18 USD/CHF SELL Active 0.9822 0.9732 GBP/CHF BUY Active 1.2509 1.2599 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 on a weaker footing this morning

Posted on May 30, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.28% against the USD and closed at USD49.87 per barrel, amid hopes that a deal between OPEC and other big oil exporters to extend production cuts until … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on May 30, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.17% against the USD and closed at USD17.39 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.44, with the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 30, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1270.20 per ounce, buoyed by geopolitical tensions. In the Asian session, at GMT0300, the pair is trading at 1273.00, with the gold … Continue reading →

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AUD/USD: Australia’s building approvals sharply rebounded in April

Posted on May 30, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.08% against the USD and closed at 0.7438. LME Copper prices rose 0.1% or $6.0/MT to $5671.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1950.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian session

Posted on May 30, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3472. In the Asian session, at GMT0300, the pair is trading at 1.3474, with the USD trading a tad higher against … Continue reading →

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