Silver: White metal trading lower this morning

Posted on May 13, 2016 by GCI Financial

Silver Movement Silver prices declined 2.12% to USD 17.07 per ounce during the 24 hours ending 23:00GMT, tracking weakness in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.03, with the silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on May 13, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24-hour period ending 23:00GMT, at 1267.00 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1268.60, with the … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on May 13, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.61% against the USD to close at 0.7322. LME Copper prices declined 0.08% or $4.0/MT to $4744.0/MT. Aluminium prices declined 0.96% or $15.0/MT to $1545.0/MT. In the Asian … Continue reading →

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

Posted on May 13, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2840. The Canadian dollar gained ground, after Canada’s new housing price index advanced more-than-expected by 0.2% MoM in March, compared to … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on May 13, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9701. In the Asian session, at GMT0300, the pair is trading at 0.9709, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 13, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 108.92. In economic news, Japan’s Eco Watchers survey for the current situation index dropped more-than-expected to a level of 43.5 in … Continue reading →

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GBP/USD: The BoE kept key interest rate steady at 0.5%

Posted on May 13, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.4446, after the Bank of England (BoE) in a widely expected move left benchmark interest rate unchanged at a seven-year low … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s Q1 GDP data

Posted on May 13, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1378, after the Euro-zone’s industrial output fell sharply for the second consecutive month. Data showed that the region’s seasonally adjusted industrial … Continue reading →

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Trading Signals as per 12-May-2016

Posted on May 12, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9638 0.9718 AUD/USD SELL Active 0.7372 0.7302 USD/JPY SELL Active 109.82 108.82 EUR/JPY BUY Active 123.78 124.78 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on May 12, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24-hour period ending 23:00GMT, closing at 45.92, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly declined by 3.4 million barrels during the … Continue reading →

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

Posted on May 12, 2016 by GCI Financial

Silver Movement Silver prices rose 1.66% to USD 17.44 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 17.35, with the silver trading 0.52% lower … Continue reading →

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