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
Monthly Archives: September 2011
Trading signals for Friday 09-09-2011
Forex, Commodities and Index signals for Friday 09-09-2011 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
Focus on this weekend’s G7 meeting
Risk sentiment was stable in Asia with most stock market indices trading broadly flat. EURUSD traded at 1.3883-1.3937 and USDJPY at 77.43-77.59. Continue reading
Posted in Market Snapshot
Leave a comment
AUD/USD: Aussie trading higher this morning, after Obama’s jobs address, China inflation
For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0593. Early yesterday, the unemployment rate in Australia climbed to 5.3% in August, from 5.1% in July. The number of employees fell by 9,700 … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Pair showing convergence with its MA’s
For the 24 hours to 23:00 GMT, USD rose 0.42% against the CAD to close at 0.9881. In the US, for the week ended 3 September 2011, initial jobless claims rose unexpectedly to 414,000, compared to the previous week’s revised … Continue reading
Posted in USD/CAD
Leave a comment
EUR/USD: Euro slips after Trichet warns of downside risks to growth, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 1.21% against the USD and closed at 1.3910, after the European officials cut their forecasts for Euro-area economic growth. The European Central Bank kept the key interest rate unchanged at 1.5%. … Continue reading
Posted in EUR/USD
Leave a comment
USD/CHF: Swiss Franc trading higher in the Asian session
For the 24 hours to 23:00 GMT, USD rose 1.78% against the CHF and closed at 0.8738, after the Federal Reserve Chairman Ben Bernanke offered no details of any new stimulus measures. The US Federal Reserve Chairman, Ben Bernanke, indicated … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen trading flat after Japan Q2 GDP revised down to 0.5%
For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY and closed at 77.50. In Japan, yesterday, the economic watchers outlook index dropped to a reading of 47.1 in August, following a reading of 48.5 posted in … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Pound rose after BoE leaves rate on hold, trading flat this morning
For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5980, after the Bank of England (BoE) kept its benchmark rate on hold at 0.5% and fended off calls to increase its asset-purchase program … Continue reading
Posted in GBP/USD
Leave a comment
Crude Oil: Oil declined for second day, trading higher this morning
Oil prices declined 1.45% against the USD for the 24 hour period ending 23:00GMT, closing at 88.61, as investors bet that oil demand would falter, after the Federal Reserve Chairman, Ben Bernanke stated that the economic recovery is fragile. At … Continue reading
Posted in Crude Oil
Leave a comment
Silver: White metal rises again
Silver prices rose 1.83% to USD 42.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 42.22 per ounce, marginally higher, from 23:00GMT. The first level of short term resistance … Continue reading
Posted in Silver
Leave a comment
Gold: Gold finished higher, dips on Bernanke speech, trading flat this morning
Gold prices traded higher by 2.58% against the USD in the 24 hour period ending 23:00GMT, at 1,862.85 per ounce, as investors avoided holding risky assets like stocks and commodities ahead of speeches by Fed Chairman, Ben Bernanke and US … Continue reading
Posted in Gold
Leave a comment