Daily Archives: July 11, 2011

AUD/USD: Aussie continue to trade lower, amid rising risk aversion

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD, on Friday, to close at 1.0760, as risk aversion grew among investors, following a weak US jobs data and a rise in China’s consumer price inflation. In … Continue reading →

Posted in AUD/USD | Leave a comment

Silver: Trading lower in Asian session

Posted on July 11, 2011 by GCI Financial

Silver prices rose 0.70% to USD 36.71 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.59 per ounce, 0.34% lower, from 23:00GMT. The first level of short … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal continues to trade higher

Posted on July 11, 2011 by GCI Financial

Gold prices traded higher by 0.82% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,543.40 per ounce, as a weaker-than-expected US nonfarm payrolls data spurred demand for the yellow metal. In the Asian session at … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil trading lower in Asian session, on US jobs report, China inflation

Posted on July 11, 2011 by GCI Financial

Oil prices declined 2.54% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 96.39, as dismal US unemployment data in June disappointed investors and raised concerns over the demand for oil. In China, consumer price … Continue reading →

Posted in Crude Oil | Leave a comment

USD/CAD: Loonie continues to slip in Asian session

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.26% against the CAD, on Friday, to close at 0.9609. Canadian dollar declined against the greenback as the weak US jobs data raised investors concerns that the US economic recovery would … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc drifting lower this morning after rising on Friday

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.91% against the CHF, on Friday, and closed at 0.8371. On a seasonally adjusted basis, the unemployment rate in Switzerland remained unchanged at 3.0% in June, matching market estimates. Additionally, on … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Pair trading below its MA’s

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.75% against the JPY, on Friday, and closed at 80.63. In Japan economic news on Friday, the current conditions index rose to 49.6 in June from 36.0 in May. The outlook … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Trading lower this morning

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD, on Friday, and closed at 1.6042. In the UK, the input producer price inflation rose to 17.0% (Y-o-Y) in June compared to a rate of 16.1% in … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro falls further, Italian debt adds to fears in Euro-zone

Posted on July 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.71% against the USD, on Friday, and closed at 1.4258, despite a bleak US employment report for June, as fears that Europe’s sovereign-debt crisis may spread to Italy dampened investor sentiment. … Continue reading →

Posted in EUR/USD | Leave a comment