USD/CAD: Loonie trading lower, ahead of Canada’s GDP data

Posted on March 31, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CAD to close at 1.2971. Yesterday, the BoC Deputy Governor, Lynn Patterson, indicated that the Canadian economy will take more than two years to recover … Continue reading →

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

Posted on March 31, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9652. In economic news, Switzerland’s UBS consumption indicator rose to a level of 1.53 in February, led by consistent and robust … Continue reading →

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

Posted on March 31, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 112.46. In the Asian session, at GMT0300, the pair is trading at 112.39, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s Q4 GDP data

Posted on March 31, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.4377. In economic news, UK’s Gfk consumer confidence index remained flat in March, its lowest reading in more than a year, … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s flash consumer price inflation data

Posted on March 31, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.39% against the USD and closed at 1.1334, after Germany’s inflation edged higher. The preliminary consumer price index advanced above expectations by 0.8% MoM in March, decreasing the … Continue reading →

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Trading Signals as per 30-March-2016

Posted on March 30, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1382 1.1282 AUD/USD BUY Active 0.7598 0.7688 USD/CAD BUY Active 1.2958 1.3088 GBP/USD SELL Active 1.4482 1.4332 USD/JPY BUY Active 111.68 112.58 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 higher, ahead of the EIA’s weekly crude oil inventory data

Posted on March 30, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.00% against the USD for the 24-hour period ending 23:00GMT, closing at 38.63, after Kuwait and Saudi Arabia announced their decision to resume oil production at the jointly operated 300,000-barrel-per-day Khafji field, further … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 30, 2016 by GCI Financial

Silver Movement Silver prices rose 0.72% to USD 15.36 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 15.315, with the silver trading 0.26% lower … Continue reading →

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

Posted on March 30, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.48% against the USD in the 24-hour period ending 23:00GMT, at 1241.80 per ounce, extending its previous session gains, amid a weaker greenback, after the Federal Reserve Chair, Janet Yellen, indicated that the … Continue reading →

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AUD/USD: Aussie reverses its gains in the Asian session

Posted on March 30, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.17% against the USD to close at 0.7634. LME Copper prices rose 0.17% or $8.5/MT to $4939.5/MT. Aluminium prices rose 0.24% or $3.5/MT to $1473.0/MT. In the Asian … Continue reading →

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

Posted on March 30, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.87% against the CAD to close at 1.3067. In economic news, Canada’s industrial product price index dropped more-than-expected by 1.1% MoM in February, compared to market expectations for … Continue reading →

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