USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

Posted on March 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.58% against the JPY and closed at 113.31. On the economic front, preliminary machine tool orders in Japan declined for the seventh consecutive month by 22.6% YoY in … Continue reading →

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GBP/USD: Britain’s economy grew at a quarterly rate of 0.3% in the three months to February, as per NIESR

Posted on March 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.4216, after data released in the UK painted a mixed picture of the nation’s economy. Yesterday, data showed that Britain’s manufacturing … Continue reading →

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EUR/USD: Euro trading lower, ahead of the ECB interest rate decision

Posted on March 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1000. In economic news, the French business sentiment index surprisingly dropped to a level of 98.0 in February, touching its weakest … Continue reading →

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Trading Signals as per 9-March-2016

Posted on March 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9928 1.0018 USD/CAD SELL Active 1.3492 1.3412 NZD/USD SELL Active 0.6768 0.6702 GBP/CHF BUY Active 1.4056 1.4228 GBP/USD SELL Active 1.4262 1.4152 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 this morning

Posted on March 9, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.11% against the USD and closed at 36.39, after weak trade data from China reignited concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →

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Silver: White metal extends its losses this morning

Posted on March 9, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.66% against the USD and closed at 15.41, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.27, with the silver trading … Continue reading →

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

Posted on March 9, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.21% against the USD and closed at 1263.80, reversing its previous session gains, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is … Continue reading →

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AUD/USD: Australia’s consumer confidence slipped back to negative in March

Posted on March 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.48% against the USD and closed at 0.7430. LME Copper prices declined 0.39% or $19.5/MT to $4980.5/MT. Aluminium prices declined 0.62% or $10.0/MT to $1590.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on March 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.99% against the CAD and closed at 1.3424. On the economic front, Canada’s housing starts rose to a level of 212.6K in February, compared to a revised reading … Continue reading →

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USD/CHF: Swiss consumer price inflation rebounded on a monthly basis in February

Posted on March 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9960. In economic news, Switzerland’s consumer price index surprisingly advanced for the first time in four months, after it rose by … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on March 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the JPY and closed at 112.66. On the economic front, Japan’s Eco Watchers index for future outlook dropped to a level of 48.2 in February, more … Continue reading →

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