USD/CHF: Swiss KOF slashed GDP grow estimations

Posted on March 24, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9753. In economic news, Switzerland’s ZEW economic expectations index rebounded to a level of 2.50 in March from -5.90 recorded in … Continue reading →

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USD/JPY: Japan’s government downgraded assessment of its economy

Posted on March 24, 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 112.39. Yesterday, the Japanese government lowered its estimation of the national economy for the first time in five months, citing weakness … Continue reading →

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GBP/USD: Pound extends its losses, ahead of Britain’s retail sales data

Posted on March 24, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.71% against the USD and closed at 1.4116, as the probability of successful Brexit referendum increased after the Brussels attacks. In the Asian session, at GMT0400, the pair … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s Gfk consumer confidence data

Posted on March 24, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1183. In economic news, wage inflation in Italy climbed 0.10% MoM in February. In the prior month, the wage inflation had … Continue reading →

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Trading Signals as per 23-March-2016

Posted on March 23, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 111.88 112.78 AUD/USD BUY Active 0.7568 0.7648 NZD/USD BUY Active 0.6696 0.6764 GBP/CHF SELL Active 1.3919 1.3759 EUR/USD SELL Active 1.1252 1.1182 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 March 23, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.79% against the USD for the 24-hour period ending 23:00GMT, closing at 41.19, after the American Petroleum Institute (API) reported that US oil inventories rose by 8.7 million barrels in the week ended … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 23, 2016 by GCI Financial

Silver Movement Silver prices rose 0.28% to USD 15.89 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.815, with the silver trading 0.47% lower … Continue reading →

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

Posted on March 23, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.38% against the USD in the 24-hour period ending 23:00GMT, at 1248.40 per ounce, as investors sought solace in the safe-haven asset after reports of deadly terrorist attacks in Brussels. In the Asian … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the morning session

Posted on March 23, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7615. Yesterday, the RBA Governor, Glenn Stevens, indicated that the Australian economy was “adjusting quite well” to lower commodity prices, but … Continue reading →

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

Posted on March 23, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.3047. In the Asian session, at GMT0400, the pair is trading at 1.3069, with the USD trading 0.16% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s ZEW expectations index data

Posted on March 23, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9729. In economic news, Switzerland’s trade surplus rose to a level of CHF4.1 billion in February, after posting a trade surplus … Continue reading →

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