Gold: Yellow metal trading on a weaker footing in the morning session

Posted on June 15, 2016 by GCI Financial

Gold Movement Gold prices traded 0.18% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1288.70 per ounce, as investors sought solace in the safe-haven asset, amid concerns of a potential British exit from the European Union … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s consumer confidence slightly dipped in June

Posted on June 15, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.43% against the USD to close at 0.7348. LME Copper prices declined 0.10% or $4.5 /MT to $4510.5 /MT. Aluminium prices rose 1.49% or $23.5 /MT to $1605.0 … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher, ahead of Canada’s existing home sales data

Posted on June 15, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2866. In economic news, Canada’s Teranet/National Bank house price index rose 1.8% MoM in May, following a 1.2% gain in the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its losses in the morning session

Posted on June 15, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9630. In economic news, Switzerland’s producer and import price index advanced more-than-expected by 0.4% MoM in May, following a 0.3% rise … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a weaker footing in the morning session

Posted on June 15, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 106.02. In the Asian session, at GMT0300, the pair is trading at 106.24, with the USD trading 0.21% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK inflation rate missed expectations in May

Posted on June 15, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.61% against the USD and closed at 1.4109, after UK’s consumer price index (CPI) advanced less-than-expected by 0.2% MoM in May, following a 0.1% rise in the previous … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s trade balance data

Posted on June 15, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.72% against the USD and closed at 1.1207. In economic news, the Euro-zone’s seasonally adjusted industrial production rebounded above expectations by 1.1% MoM in April, a reassuring sign … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 14-June-2016

Posted on June 14, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4008 1.4248 AUD/USD SELL Active 0.7442 0.7382 EUR/JPY BUY Active 118.78 120.08 GBP/CHF BUY Active 1.3502 1..3760 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading lower, ahead of the API’s weekly crude oil inventory data

Posted on June 14, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.78% against the USD for the 24-hour period ending 23:00GMT, closing at 48.50, extending losses for the third consecutive session. Separately, the Organisation of the Petroleum Exporting Countries (OPEC) predicted that the global … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on June 14, 2016 by GCI Financial

Silver Movement Silver prices rose 0.72% to USD17.46 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 17.36, with the silver trading 0.57% lower from … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on June 14, 2016 by GCI Financial

Gold Movement Gold prices traded 0.79% higher against the USD in the 24-hour period ending 23:00GMT, at USD1286.40 per ounce, rising for the fourth straight session, amid a weaker greenback and sliding global equity markets, ahead of key central bank … Continue reading →

Posted in Gold | Comments Off