Gold: Yellow metal trading lower this morning

Posted on May 12, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.89% against the USD in the 24-hour period ending 23:00GMT, at 1279.60 per ounce, supported by a broad weakness in the greenback and a slump in global equity markets. In the Asian session, … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on May 12, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7367. LME Copper prices rose 0.81% or $38.0/MT to $4748.0/MT. Aluminium prices rose 1.13% or $17.5/MT to $1560.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher, ahead Canada’s new housing price index data

Posted on May 12, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.2857. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the morning session

Posted on May 12, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CHF and closed at 0.9708. In the Asian session, at GMT0300, the pair is trading at 0.9706, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading lower, ahead of Japan’s Eco Watchers survey data

Posted on May 12, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.78% against the JPY and closed at 108.44. In economic news, Japan’s preliminary leading index surprisingly rose to a level of 98.4 in March, compared to a level … Continue reading →

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GBP/USD: Pound trading flat, ahead of the BoE’s interest rate decision

Posted on May 12, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.4436, after UK’s industrial and manufacturing production advanced at a less-than-expected pace in March. Data showed that Britain’s industrial production registered … Continue reading →

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EUR/USD: Euro trading flat, ahead of the Euro-zone’s industrial production data

Posted on May 12, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1421. In the US, mortgage applications rose 0.4% in the week ended 06 May 2016, its first increase in three weeks, … Continue reading →

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Trading Signals as per 11-May-2016

Posted on May 11, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1432 1.1372 USD/JPY BUY Active 108.08 108.98 USD/CAD SELL Active 1.2982 1.2872 EUR/JPY SELL Active 124.22 123.42 GBP/CHF SELL Active 1.4109 1.3991 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 May 11, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.93% against the USD for the 24-hour period ending 23:00GMT, closing at 44.60, amid expectations that oil supply disruptions in Canada and Nigeria would help alleviate the persistent global supply glut. However, the … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 11, 2016 by GCI Financial

Silver Movement Silver prices rose 0.67% to USD 17.16 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 17.24, with the silver trading 0.5% higher … Continue reading →

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

Posted on May 11, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.14% against the USD in the 24-hour period ending 23:00GMT, at 1268.30 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1271.50, with the … Continue reading →

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