Silver: White metal extended its previous session gains this morning

Posted on December 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.53% against the USD and closed at USD17.21 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.26, with the white metal trading 0.26% higher … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on December 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.36% against the USD and closed at USD1175.50 per ounce, as weakness in the greenback increased demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Australia’s trade deficit surprisingly expanded in October

Posted on December 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.7481. LME Copper prices rose 0.81% or $47.5/MT to $5903.5/MT. Aluminium prices rose 0.58% or $10.0/MT to $1728.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC holds maintained key interest rate at 0.50%

Posted on December 8, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD and closed at 1.3227. Yesterday, the Bank of Canada (BoC), in its recent monetary policy meeting, held the benchmark interest rate steady at 0.50%, … Continue reading →

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

Posted on December 8, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 1.0068. In the Asian session, at GMT0400, the pair is trading at 1.0059, with the USD trading 0.09% lower against the … Continue reading →

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USD/JPY: Japanese economic growth surprisingly revised lower in the third quarter

Posted on December 8, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the JPY and closed at 113.63. In the Asian session, at GMT0400, the pair is trading at 113.26, with the USD trading 0.33% lower against the … Continue reading →

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GBP/USD: UK’s manufacturing and industrial output surprisingly dropped in October

Posted on December 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.2623, after an unexpected downturn in UK’s manufacturing and industrial sector dented the nation’s growth prospects in the fourth-quarter. Data revealed … Continue reading →

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EUR/USD: Euro trading higher, ahead of ECB’s interest rate decision

Posted on December 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.0757. Macroeconomic data indicated that, Germany’s seasonally adjusted industrial production rebounded less-than-expected by 0.3% on a monthly basis in October, suggesting … Continue reading →

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Trading Signals as per 07-December-2016

Posted on December 7, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 1.0048 1.0128 GBP/USD SELL Active 1.2682 1.2552 USD/JPY BUY Active 113.48 114.38 USD/CAD SELL Active 1.3332 1.3252 GBP/CHF BUY Active 1.2653 1.2787 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 extend its previous session losses this morning

Posted on December 7, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.14% against the USD and closed at USD50.98 per barrel, amid growing doubts that the OPEC would be able to reduce crude supplies after a report indicated … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on December 7, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.09% against the USD and closed at USD16.79 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.76, with the white metal trading 0.15% lower … Continue reading →

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