Daily Archives: February 18, 2011

ECB Lending on tap

Posted on February 18, 2011 by GCI Financial

The dollar stabilized during the Asia session after yesterday’s losses. Newswires were largely silent, and the BoJ minutes from the Jan. 24-25 policy meeting were unremarkable. EURUSD traded 1.3589-1.3627, USDJPY 83.24-83.42. Continue reading →

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Oil surges on Middle East unrest

Posted on February 18, 2011 by GCI Financial

Oil prices advanced 1.35% against the USD for the 24 hour period ending 23:00GMT, closing at 86.35. Crude oil rose due to mounting tension in the Middle East. At GMT 0400, Oil is trading at USD 86.31 per barrel in … Continue reading →

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Weaker dollar boosts white metal in overnight trade, Marginally lower this morning

Posted on February 18, 2011 by GCI Financial

Silver prices rose 3.57% to USD 31.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 31.69 per ounce, 0.22% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Traded higher, amid tensions in the Middle East

Posted on February 18, 2011 by GCI Financial

Gold prices traded higher by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1,383.82 per ounce. Gold futures surged, as continued unrest in the Middle East made the metal more attractive as a safe-haven investment In … Continue reading →

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Continues to add to yesterday’s gains

Posted on February 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0109. In the US, CPI rose 0.4% (M-o-M) in January after a 0.5% rise in December. In the Asian session at 4:00GMT, the pair … Continue reading →

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Witnessing flat trading

Posted on February 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.04% against the CAD to close at 0.9849. In the US, the leading indicator rose 0.1% (M-o-M) in January than 0.8% in December. In the Asian session at 4:00GMT, the pair … Continue reading →

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Steady this morning

Posted on February 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.02% against the CHF and closed at 0.9496. In the Asian session, at 4:00GMT, the pair is trading at 0.9500, 0.04% higher from the New York session close. The pair has … Continue reading →

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Bank of Japan meeting minutes indicate policymakers more confident

Posted on February 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 82.32. In Japan yesterday, coincident composite index (CI) which reflects current business conditions rose by 1.1 points to 103.5 in December following a 1.4 … Continue reading →

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Rises, BoE’s Governer, King’s speech awaited

Posted on February 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.6174. The pair opened the Asian session at 1.6174, and is trading at 1.6175 at 4.00GMT. The pair is trading 0.01% higher from the … Continue reading →

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Trading flat after dollar’s yesterday fall

Posted on February 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.3607. The dollar turned lower against the euro and other major currencies yesterday. In the US, consumer price index rose 0.4% (MoM) in January, … Continue reading →

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