Gold: Yellow metal trading lower this morning

Posted on May 27, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.22% against the USD in the 24-hour period ending 23:00GMT, at 1222.70 per ounce, falling for the seventh straight session, after upbeat US economic data boosted expectations that the US Federal Reserve could … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on May 27, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.49% against the USD to close at 0.7223. LME Copper prices rose 1.50% or $69.5/MT to $4705.5/MT. Aluminium prices rose 0.91% or $14.0/MT to $1553.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on May 27, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CAD to close at 1.2976. In the Asian session, at GMT0300, the pair is trading at 1.2998, with the USD trading 0.17% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss industrial production rebounded in 1Q 2016

Posted on May 27, 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 0.9890. In economic news, Switzerland’s industrial production advanced for the first time in more than a year by 1.0% YoY in … Continue reading →

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USD/JPY: Japan’s consumer prices drop for the second straight month in April

Posted on May 27, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 109.68. In the Asian session, at GMT0300, the pair is trading at 109.89, with the USD trading 0.19% higher from yesterday’s … Continue reading →

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GBP/USD: UK GDP rose as expected in 1Q 2016

Posted on May 27, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.4661. In economic news, the second estimate of UK’s gross domestic product (GDP) advanced in line with market expectations by 0.4% … Continue reading →

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EUR/USD: Euro trading on a weaker footing in the morning session

Posted on May 27, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.1190. In economic news, seasonally adjusted Italian retail sales unexpectedly declined by 0.6% MoM in March, from 0.3% in the preceding … Continue reading →

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Trading Signals as per 26-May-2016

Posted on May 26, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.4772 1.4662 USD/CHF BUY Active 0.9878 0.9938 AUD/USD SELL Active 0.7232 0.7172 USD/JPY BUY Active 109.58 110.38 USD/CAD BUY Active 1.2918 1.3028 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 Asian session

Posted on May 26, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24-hour period ending 23:00GMT, closing at 49.61, after the Energy Information Administration (EIA) report indicated that US crude oil inventories declined more-than-expected by 4.2 million barrels during … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 26, 2016 by GCI Financial

Silver Movement Silver prices rose 0.43% to USD 16.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.465, with the silver trading 1.11% higher from yesterday’s close. The pair … Continue reading →

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

Posted on May 26, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.36% against the USD in the 24-hour period ending 23:00GMT, at 1225.40 per ounce, extending its fifth-consecutive day of losses and touching a seven-week low level, driven by expectations that the US Federal … Continue reading →

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