Follow GCI News
-
Recent Posts
- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
Post News
Daily Archives: September 13, 2011
Trading signals for Tuesday 13-09-2011
Forex, Commodities and Index signals for Tuesday 13-09-2011 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
Australian business confidence fells to the lowest level in more than two years
Risk sentiment was stable in Asia after a Financial Times report indicating that China may be considering purchases of Italian debt triggered some position squaring, helping markets stabilize. Most Asian stock markets indices are trading in the black, with the Nikkei up by 0.5%. S&P futures are trading 0.3% higher. EURUSD traded 1.3689-1.3621 and USDJPY 77.25-76.99. Continue reading
Posted in Market Snapshot
Leave a comment
AUD/USD: Aussie trading higher after yesterday’s sharp fall
For the 24 hours to 23:00 GMT, AUD weakened 2.96% against the USD to close at 1.0312. In the economic news, this morning, the National Australia Bank’s Business Conditions Index declined to -3 in August, from -1 in the previous … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Pair trading steady this morning
For the 24 hours to 23:00 GMT, USD declined 0.49% against the CAD to close at 0.9923. Loonie rose, as risk aversion eased after reports that Italy had asked China to make “significant” purchases of Italian debt. In the Asian … Continue reading
Posted in USD/CAD
Leave a comment
GBP/USD: Pound trading flat, UK CPI data awaited
For the 24 hours to 23:00 GMT, GBP traded marginally higher against the USD and closed at 1.5857. In the UK, the Royal Institution of Chartered Surveyors’ (RICS) reported that, on a seasonally adjusted basis, the house price balance dropped … Continue reading
Posted in GBP/USD
Leave a comment
USD/CHF: Pair converging with its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.53% against the CHF and closed at 0.8815. In the Asian session, at 3:00GMT, the USD is trading at 0.8808, slightly lower versus Swiss Franc, from yesterday’s close at 23:00 GMT. … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen extended its gain in the Asian session
For the 24 hours to 23:00 GMT, USD weakened 0.36% against the JPY and closed at 77.17. This morning, Japanese Finance Minister, Jun Azumi stated that Japan wants to closely watch the ongoing active discussions in Europe on how to … Continue reading
Posted in USD/JPY
Leave a comment
EUR/USD: Euro trading firm after recent drubbing
For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3660, after the reports that Italy had asked China to make “significant” purchases of Italian debt. Euro also rose against the greenback after the … Continue reading
Posted in EUR/USD
Leave a comment
Crude Oil: Crude oil trading lower this morning, after OPEC projected downward demand
Oil prices advanced 2.70% against the USD for the 24 hour period ending 23:00GMT, closing at 88.89. At GMT 0300, Oil is trading at USD 88.78 per barrel in the Asian session, 0.12% lower from 23:00GMT, with sentiment subdued after … Continue reading
Posted in Crude Oil
Leave a comment
Silver: Silver joins gold rebound in Asian session
Silver prices declined 1.29% to USD 40.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.85 per ounce, 0.67% higher, from 23:00GMT. The first level of short term resistance … Continue reading
Posted in Silver
Leave a comment
Gold: Yellow metal rebound this morning
Gold prices traded lower by 1.84% against the USD in the 24 hour period ending 23:00GMT, at 1,820.09 per ounce, dragged down stronger dollar and fears the metal might be overvalued after rising $1,900 per ounce last week. In the … Continue reading
Posted in Gold
Leave a comment