Silver: White metal trading on a stronger footing this morning

Posted on May 17, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.5% against the USD and closed at USD16.87 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 17, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1236.80 per ounce, amid weakness in the greenback in the wake of reports that the US President, Donald Trump, shared classified information … Continue reading →

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AUD/USD: Australia’s consumer confidence declined in May

Posted on May 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.12% against the USD and closed at 0.7428. LME Copper prices declined 0.04% or $2.0/MT to $5584.0/MT. Aluminium prices rose 0.8% or $15.5/MT to $1915.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on May 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3609. In the Asian session, at GMT0300, the pair is trading at 1.3603, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on May 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.1% against the CHF and closed at 0.9848. In the Asian session, at GMT0300, the pair is trading at 0.9828, with the USD trading 0.2% lower against the … Continue reading →

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USD/JPY: Japan’s industrial production declined in March

Posted on May 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the JPY and closed at 112.81. On the macro front, Japan’s machinery orders rose 1.4% MoM in March, compared to a rise of 1.5% in the … Continue reading →

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GBP/USD: UK’s consumer price inflation jumped to a nearly 4-year high level in April

Posted on May 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.2915, after data indicated that annual inflation in the UK soared in April. Data showed that Britain’s consumer price index (CPI) … Continue reading →

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EUR/USD: Euro-zone’s GDP growth confirmed at 0.5% in 1Q 2017

Posted on May 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.04% against the USD and closed at 1.1093, on the back of upbeat economic data from across the Euro-zone. Data indicated that the Euro-zone’s ZEW economic sentiment index … Continue reading →

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Trading Signals as per 16-May-2017

Posted on May 16, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9848 0.9938 GBP/USD BUY Active 1.2848 1.2918 AUD/USD SELL Active 0.7452 0.7392 USD/CAD BUY Active 1.3578 1.3658 GBP/CHF SELL Active 1.2822 1.2709 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 extends its gains in the morning session

Posted on May 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.11% against the USD and closed at USD48.91 per barrel, after Energy Ministers from Saudi Arabia and Russia endorsed for a nine-month extension to OPEC’s crude production … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at USD16.62 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.71, with the silver trading 0.51% higher from … Continue reading →

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