USD/CAD: Canada’s new house price index climbed in March

Posted on May 12, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CAD and closed at 1.3703. On the macro front, Canada’s new housing price index registered a rise of 0.2% on a monthly basis in March, … Continue reading →

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USD/CHF: Switzerland’s consumer price inflation advanced as expected in April

Posted on May 12, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 1.0077. Macroeconomic data showed that Switzerland’s consumer price index advanced 0.2% MoM in April, meeting market expectations and compared to a … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 12, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the JPY and closed at 113.76. In economic news, data revealed that Japan’s Eco-Watchers survey for the current situation index rose to a level of 48.1 … Continue reading →

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GBP/USD: Bank of England left interest rates unchanged, lowered 2017 growth forecast

Posted on May 12, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2888, after the Bank of England (BoE) trimmed Britain’s 2017 economic growth outlook. The BoE, at its latest monetary policy meeting, … Continue reading →

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EUR/USD: European Commission lifted Euro-zone’s growth forecast for 2017

Posted on May 12, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0862. Yesterday, the European Commission (EU), in its quarterly economic forecasts report, slightly upgraded Euro-zone’s economic growth forecast to 1.7% for … Continue reading →

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Trading Signals as per 11-May-2017

Posted on May 11, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2992 1.2912 USD/CAD BUY Active 1.3688 1.3768 AUD/USD BUY Active 0.7318 0.7368 EUR/JPY SELL Active 124.62 123.82 NZD/USD SELL Active 0.688 0.6805 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 11, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.69% against the USD and closed at USD47.38 per barrel, after the Energy Information Administration (EIA) reported a significant drawdown in US crude stockpiles. The EIA indicated … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 11, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD16.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.23, with the silver trading 0.22% higher from … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 11, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.43% against the USD and closed at USD1218.90 per ounce, amid strength in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1220.70, … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on May 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.11% against the USD and closed at 0.7355. LME Copper prices rose 0.3% or $16.0/MT to $5512.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1870.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on May 11, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3676. In the Asian session, at GMT0300, the pair is trading at 1.3726, with the USD trading 0.37% higher against the … Continue reading →

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