USD/CAD: Loonie trading on a weaker footing this morning

Posted on August 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3161. In economic news, data revealed that Canada’s building permits unexpectedly eased by 5.5% MoM in June, declining for the fourth … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s unemployment rate data

Posted on August 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 0.9824. Macroeconomic data indicated that, Switzerland’s consumer price index fell less-than-expected by 0.4% on a monthly basis in July, compared to … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on August 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 102.43. In the Asian session, at GMT0300, the pair is trading at 102.35, with the USD trading 0.08% lower against the … Continue reading →

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GBP/USD: Pound trading lower, ahead of key economic releases in the UK

Posted on August 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.4% against the USD and closed at 1.3033. On the data front, UK’s BRC retail sales across all sectors unexpectedly rebounded by 1.1% YoY in July, compared to … Continue reading →

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Trading Signals as per 8-August-2016

Posted on August 8, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1132 1.1062 GBP/USD BUY Active 1.2968 1.3088 USD/JPY BUY Active 101.78 102.58 EUR/JPY SELL Active 113.72 112.92 NZD/USD BUY Active 0.7074 0.7142 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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GBP/USD: Pound trading on a stronger footing this morning

Posted on August 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3071. On the data front, UK’s seasonally adjusted Halifax house price index eased more-than-forecasted by 1.0% on a monthly basis in … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s Sentix investor confidence data

Posted on August 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1086. In economic news, Germany’s seasonally adjusted factory orders unexpectedly dropped by 0.4% MoM in June, amid subdued demand for investment … Continue reading →

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Crude Oil: Crude trading lower in the Asian session

Posted on August 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.31% against the USD and closed at 41.91. However, crude prices paired gains, after the Baker Hughes disclosed that US rig count rose for a sixth straight … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.31% against the USD and closed at 19.73, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.70, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on August 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.68% against the USD and closed at USD1344.2 per ounce, as robust US jobs report dented the demand for the safe-haven yellow metal. In the Asian session, at GMT0300, … Continue reading →

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

Posted on August 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7621. LME Copper prices rose 0.11% or $5.5/MT to $4792.5/MT. Aluminium prices rose 0.74% or $12.0/MT to $1628.0/MT. In the Asian … Continue reading →

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