Daily Archives: September 28, 2011

Trading signals for Wednesday 28-09-2011

Posted on September 28, 2011 by GCI Financial

Forex, Commodities and Index signals for Wednesday 28-09-2011 11:00 GMT Continue reading →

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Bernanke to speak

Posted on September 28, 2011 by GCI Financial

Risk sentiment was mixed but still broadly stable in Asia, following an article in the Financial Times claiming that several Eurozone member states want private sector bondholders to take larger losses on their holdings of Greek bonds. Continue reading →

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AUD/USD: Aussie continues to trade higher

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 2.01% against the USD to close at 0.9873. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9878, marginally higher from yesterday’s close at 23:00 GMT. LME Copper … Continue reading →

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USD/CAD: Loonie advanced on higher risk appetite, trading lower this morning

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.52% against the CAD to close at 1.0201. Canadian dollar rose against the greenback amid a rise in the commodity prices, supported by improved investors risk appetite over rising optimism for … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.62% against the CHF and closed at 0.8967. The Swiss KOF Economic Institute lowered its growth forecast for 2011 to 2.3%, from its previous estimate of 2.8% growth for the current … Continue reading →

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USD/JPY: Pair trading between its MA’s

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.63% against the JPY and closed at 76.86. In the US, the consumer confidence improved to 45.4 in September, from 45.2 in August. The Richmond Federal Manufacturing Index increased to -6.0 … Continue reading →

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GBP/USD: Pound trading marginally lower this morning

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.55% against the USD and closed at 1.5640. In the UK, the CBI Distributive Trades Survey reported that the volume of sales in September declined to -15.0%, compared to -14.0% in … Continue reading →

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EUR/USD: Euro advanced as Eurozone officials map out rescue

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3580, as investors risk appetite improved over speculation that the Euro zone officials would take decisive steps to control the region’s debt crisis. Yesterday, … Continue reading →

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Crude Oil: Oil gains on optimism Europe would tame debt crisis, trading lower in Asian session

Posted on September 28, 2011 by GCI Financial

Oil prices advanced 2.51% against the USD for the 24 hour period ending 23:00GMT, closing at 83.41, after reports that European leaders are working out a plan to contain the region’s sovereign-debt crisis, bolstering demand for oil. Late Tuesday, the … Continue reading →

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Silver: White metal moves southward this morning

Posted on September 28, 2011 by GCI Financial

Silver prices rose 3.58% to USD 31.85 per ounce during the 24 hours ending 23:00GMT, amid weak dollar. In the Asian session at 3:00GMT, silver is trading at USD 31.17 per ounce, 2.13% lower, from 23:00GMT. The first level of … Continue reading →

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Gold: Yellow metal surges on physical buying, trading lower this morning

Posted on September 28, 2011 by GCI Financial

Gold prices traded higher by 1.36% against the USD in the 24 hour period ending 23:00GMT, at 1,651.72 per ounce, as greenback weakened and amid optimism that European leaders would take steps to resolve the region’s debt crisis, boosting investor’s … Continue reading →

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