Daily Archives: December 13, 2011

Trading signals for Tuesday 13-12-2011

Posted on December 13, 2011 by GCI Financial

Forex, Commodities and Index signals for Tuesday 13-12-2011 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

EURUSD continues its post-summit slide

Posted on December 13, 2011 by GCI Financial

EURUSD continued its post-summit slide as the market has reverted to the conclusion that not enough has been done. Although some stability measures for financial markets have been welcome, the summit agreements themselves raise plenty of new questions, to which the market is not convinced that the answers would be favourable, such as the ratification process and the relevant democratic mandates by individual EU governments. Continue reading →

Posted in Market Snapshot | Leave a comment

AUD/USD: Aussie edged higher in the Asian session

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.42% against the USD to close at 1.0063. In the Asian session, at GMT0400, the pair is trading at 1.0091, with the AUD trading 0.28% higher from yesterday’s close. In Australia, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar fell on increased risk aversion, trading higher this morning

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.80% against the CAD to close at 1.0272. Canadian dollar declined against the greenback, amid increased risk aversion among investors following concerns over the measures announced in the EU summit. In … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc trading higher after yesterday’s fall

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.27% against the CHF and closed at 0.9378. In economic news, the number of employed people in Switzerland rose to 4.05 million in the third quarter of 2011, compared to 4.02 … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen fell amid drop in Japanese consumer confidence data, trading higher in Asian session

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.42% against the JPY and closed at 77.94. Japanese yen came under pressure, after Japan’s consumer confidence data disappointed investors. In Japan, yesterday, the Consumer Confidence Index fell to 38.1 in … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Pound trading higher this morning, CPI and retail data in the UK awaited

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.41% against the USD and closed at 1.5583. In the UK, this morning, the RICS House Price Balance Index rose to -17.0 in November, compared to -24.0 in October. In the … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro fell amid European rating-cut concerns, trading higher this morning

Posted on December 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.43% against the USD and closed at 1.3175, over investors’ speculation that European leaders are not doing enough to contain the sovereign-debt crisis. Fitch Ratings and Moody’s Investors Service, yesterday, stated … Continue reading →

Posted in EUR/USD | Leave a comment

Crude Oil: Crude Oil declined on Euro debt concerns

Posted on December 13, 2011 by GCI Financial

Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 97.82, on concern over the European debt crisis and as Moody’s Investors Service stated that it would review ratings for countries in the region. … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading below its MA’s

Posted on December 13, 2011 by GCI Financial

Silver prices declined 2.81% to USD 31.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.08, 0.73% lower from yesterday’s close. Silver is expected to find support at 30.72, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold extended its fall this morning on dollar’s rally

Posted on December 13, 2011 by GCI Financial

Gold prices traded lower by 2.71% against the USD in the 24 hour period ending 23:00GMT, at 1,666.18 per ounce, as dollar rose following concerns that there still could be a possible downgrade of European nations’ sovereign debt by rating … Continue reading →

Posted in Gold | Leave a comment