USD/CAD: Canada’s unemployment rate rose as expected in March

Posted on April 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3408 on Friday. Macroeconomic data showed that unemployment rate in Canada registered a rise to 6.7% in March, meeting market expectations. … Continue reading →

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USD/CHF: Swiss unemployment remained steady in March

Posted on April 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 1.0087 on Friday. On the data front, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in March, meeting market expectations. … Continue reading →

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USD/JPY: Japan recorded a trade surplus in February

Posted on April 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the JPY and closed at 111.19 on Friday. In the Asian session, at GMT0300, the pair is trading at 111.43, with the USD trading 0.22% higher … Continue reading →

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GBP/USD: UK’s manufacturing, industrial and construction output, all surprisingly fell in February

Posted on April 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.2370 on Friday, after an unexpected downturn in UK’s manufacturing, industrial and construction sector dented the nation’s growth prospects in the … Continue reading →

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EUR/USD: German industrial output surprisingly jumped in February, trade surplus widened more than anticipated in the same month

Posted on April 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0592 on Friday. In economic news, Germany’s seasonally adjusted industrial production unexpectedly rose 2.2% on a monthly basis in February, driven … Continue reading →

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Trading Signals as per 7-April-2017

Posted on April 7, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0608 1.0668 USD/JPY SELL Active 111.12 110.22 USD/CAD BUY Active 1.3378 1.3428 GBP/CHF BUY Active 1.2472 1.2568 NZD/USD BUY Active 0.6943 0.6993 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 April 7, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.59% against the USD and closed at USD51.76 per barrel, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 52.82, … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on April 7, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.38% against the USD and closed at USD18.25 per ounce, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 18.43, with the … Continue reading →

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Gold: Yellow metal trading on a strong footing this morning

Posted on April 7, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1253.50 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1267.80, … Continue reading →

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AUD/USD: Australia’s construction sector slows in March

Posted on April 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.41% against the USD and closed at 0.7540. LME Copper prices rose 1.1% or $62.0/MT to $5870.5/MT. Aluminium prices declined 0.3% or $6.0/MT to $1956.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits surprisingly declined in February

Posted on April 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3416. On the economic front, Canada’s building permits unexpectedly dropped 2.5% on a monthly basis in February, confounding market expectations for … Continue reading →

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