Silver: White metal trading on a stronger footing in the morning session

Posted on June 16, 2016 by GCI Financial

Silver Movement Silver prices rose 0.95% to USD 17.56 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.75, with the silver trading 1.05% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on June 16, 2016 by GCI Financial

Gold Movement Gold prices traded 0.52% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1295.40 per ounce, hitting a six-week high level, after the US Federal Open Market Committee once again left the key interest rate … Continue reading →

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AUD/USD: Australia’s unemployment rate remains unchanged at 5.7% in May

Posted on June 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.88% against the USD to close at 0.7413. LME Copper prices rose 2.69% or $121.5 /MT to $4632.0 /MT. Aluminium prices rose 0.53% or $8.5 /MT to $1613.5 … Continue reading →

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USD/CAD: Loonie trading on a weaker footing in the morning session

Posted on June 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2904. In economic news, Canada’s existing home sales fell 2.8% MoM in May, following a 3.1% rise in the previous month. … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher, ahead of SNB’s interest rate decision

Posted on June 16, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9606. In the Asian session, at GMT0300, the pair is trading at 0.9604, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Bank of Japan holds monetary policy steady

Posted on June 16, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 105.85. In economic news, Japan’s final machine tool orders fell 24.7% YoY in May, following a 26.3% drop in the previous … Continue reading →

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GBP/USD: Pound trading lower, ahead of the BoE’s monetary policy decision

Posted on June 16, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.4196, after UK’s ILO unemployment rate surprisingly fell to 5.0% during the three months to April 2016, touching its lowest level … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the Euro zone’s consumer price index data

Posted on June 16, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.47% against the USD and closed at 1.1260, after the Euro-zone’s seasonally adjusted trade surplus widened to a record high level of €28.0 billion in April, as growth … Continue reading →

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Trading Signals as per 15-June-2016

Posted on June 15, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 106.72 106.02 USD/CAD BUY Active 1.2808 1.2888 AUD/USD BUY Active 0.7328 0.7398 EUR/JPY SELL Active 119.92 118.82 GBP/JPY SELL Active 1.3797 1.3594 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 trading lower, ahead of the EIA’s weekly crude oil inventory data

Posted on June 15, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.42% against the USD for the 24-hour period ending 23:00GMT, closing at 47.81, dropping for the fourth straight session, after the American Petroleum Institute (API) reported that US oil inventories unexpectedly rose by … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 15, 2016 by GCI Financial

Silver Movement Silver prices declined 0.34% to USD 17.40 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.42, with the silver trading 0.11% higher from yesterday’s close. The pair … Continue reading →

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