Daily Archives: September 15, 2011

Trading signals for Thursday 15-09-2011

Posted on September 15, 2011 by GCI Financial

Forex, Commodities and Index signals for Thursday 15-09-2011 11:00 GMT Continue reading →

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New Zealand’s central bank kept interest rates unchanged

Posted on September 15, 2011 by GCI Financial

Risk sentiment was stable in Asia, mainly in reaction to yesterday’s constructive performance of European and US stock markets. Sentiment improved mainly on the notion that Greece will receive the next aid tranche from the IMF/EU after German Chancellor Merkel and French President Sarkozy both said that Greek Prime Minister Papandreou is committed to meeting agreed deficit-reduction targets and that they are convinced about Greece staying in the euro. Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on September 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.13% against the USD to close at 1.0214. In the Asian session at 3:00GMT, the Australian Dollar is trading at 1.0237, 0.23% higher from yesterday’s close at 23:00 GMT, amid release … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of SNB interest rate decision

Posted on September 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.48% against the CHF and closed at 0.8757. In Switzerland, the producer and import price index dropped 1.9% (Y-o-Y) in August, following a 0.6% drop in the previous month. In the … Continue reading →

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USD/CAD: Pair converging with its MA’s

Posted on September 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.40% against the CAD to close at 0.9897. Canadian dollar declined against the greenback amid decline in the oil and metal prices, raising speculation that the global economic slowdown would hamper … Continue reading →

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Crude Oil: Crude oil backpedals, trading under $89 per barrel

Posted on September 15, 2011 by GCI Financial

Oil prices declined 1.33% against the USD for the 24 hour period ending 23:00GMT, closing at 88.73. The Energy Information Administration reported that the oil inventories declined 6.7 million barrels in the week ended September 9. Gasoline supplies added 1.9 … Continue reading →

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USD/JPY: Yen trading steady in the Asian session

Posted on September 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.36% against the JPY and closed at 76.67. In Japan, yesterday, the industrial output growth was revised lower to 0.4% (M-o-M) from a 0.6% increase estimated earlier. Additionally, the capacity utilization … Continue reading →

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Silver: Silver marches southwards

Posted on September 15, 2011 by GCI Financial

Silver prices declined 0.96% to USD 40.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.61 per ounce, 0.22% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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GBP/USD: British Pound continues to trade lower

Posted on September 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.5768. In the UK, the number of people claiming jobseeker’s allowances climbed 20,300 on month in August. Additionally, the claimant count rate rose to … Continue reading →

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Gold: Yellow metal loses shine as safe haven appeal declined

Posted on September 15, 2011 by GCI Financial

Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1,822.05 per ounce, as optimism over Europe’s debt crisis eased investor demand for the precious metal as a safe haven. In the Asian … Continue reading →

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EUR/USD: Euro rose after reassurances from Merkel, Sarkozy, trading flat this morning

Posted on September 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.49% against the USD and closed at 1.3751, supported by hopes that Europe would act decisively to manage their sovereign debt crisis. Euro received support, after French President, Nicolas Sarkozy and … Continue reading →

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