AUD/USD: Aussie trading higher this morning

Posted on April 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.7666. In economic news, Australia’s AIG performance of manufacturing index advanced to a level of 58.1 in March, from a reading … Continue reading →

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USD/CAD: Canada’s January GDP posted biggest monthly gain since 2013

Posted on April 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.2987. In economic news, Canadian GDP rose more-than-expected by 0.6% MoM in January, expanding for the fourth consecutive month, backed by … Continue reading →

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USD/CHF: Swiss Franc trading tad higher, ahead of Switzerland’s February real retail sales data

Posted on April 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 0.9614. Yesterday, the Swiss National Bank’s (SNB) Governing Board member, Andrea Maechler, indicated that the central bank would not hesitate from … Continue reading →

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USD/JPY: BoJ’s Q1 Tankan survey forecasts gloomy outlook for Japan

Posted on April 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 112.55. Yesterday, data indicated that Japan’s housing starts surprisingly rose by 7.8% YoY in February, compared to market expectations for a … Continue reading →

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GBP/USD: Britain’s final Q4 GDP revised upwards

Posted on April 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.4366, despite UK’s positive GDP figure. Data showed that UK’s final GDP advanced more-than-anticipated by 0.6% QoQ in 4Q 2015, compared … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Markit manufacturing PMI data across the Euro-zone

Posted on April 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1379. In economic news, the Eurozone’s preliminary consumer price index declined in line with market expectations by 0.1% YoY in March, … Continue reading →

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Trading Signals as per 31-March-2016

Posted on March 31, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1412 1.1332 EUR/JPY SELL Active 128.32 127.32 GBP/CHF SELL Active 1.3908 1.3782 EUR/CHF SELL Active 1.0962 1.0897 USD/JPY BUY Active 109.79 118.39 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 losses in the Asian session

Posted on March 31, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.37% against the USD for the 24-hour period ending 23:00GMT, closing at 38.10, after the Energy Information Administration (EIA) disclosed that US crude oil inventories rose by 2.3 million barrels during the last … Continue reading →

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

Posted on March 31, 2016 by GCI Financial

Silver Movement Silver prices declined 0.72% to USD 15.25 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.21, with the silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal trading tad higher this morning

Posted on March 31, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.14% against the USD in the 24-hour period ending 23:00GMT, at 1227.60 per ounce, reversing its previous session gains, as a broad rally in global equity markets dented demand for the precious yellow … Continue reading →

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AUD/USD: Australia’s new home sales dropped in February

Posted on March 31, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.42% against the USD to close at 0.7666. LME Copper prices rose 0.01% or $0.5/MT to $4940.0/MT. Aluminium prices rose 0.34% or $5.0/MT to $1478.0/MT. In the Asian … Continue reading →

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