Daily Archives: December 15, 2011

Trading signals for Thursday 15-12-2011

Posted on December 15, 2011 by GCI Financial

Forex, Commodities and Index signals for Thursday 15-12-2011 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

Clearout continues

Posted on December 15, 2011 by GCI Financial

ECB member Knot said he expects European leaders will solve the debt crisis as long as the financial rescue fund is increased, Reuters reports, citing a magazine. He added that the Eurozone rescue fund or contribution to the IMF has to be at least EUR1 trn Continue reading →

Posted in Market Snapshot | Leave a comment

AUD/USD: Aussie continues its southward journey

Posted on December 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.09% against the USD to close at 0.9903, on broad dollar strength. In the Asian session, at GMT0400, the pair is trading at 0.9898, with the AUD trading 0.06% lower from … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar fell amid heightened risk aversion, trading higher this morning

Posted on December 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.50% against the CAD to close at 1.0389. Canadian dollar fell against greenback, as renewed European debt worries curbed demand for riskier assets, and as fall in commodity prices further added … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Pair trading above its MA’s

Posted on December 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.85% against the CHF and closed at 0.9532. In Switzerland, the ZEW Survey – Expectations fell to -72.0 in December, compared to -64.3 in November. Additionally, the Producer and Import Price … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen marginally higher this morning, after losing ground yesterday

Posted on December 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.14% against the JPY and closed at 78.08. In Japan, yesterday, the industrial output advanced 2.2% (MoM) in October, down from an initial estimate of 2.4% growth in the previous month. … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: UK jobless rate hit a 17-year high; Pound continues to trade lower this morning

Posted on December 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.5471. In the UK, the claimant count rate remained unchanged at 5.0% in November, compared to previous month. Additionally, the unemployment rate came in … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro fell below $1.30 as Italian borrowing costs soared, trading marginally higher this morning

Posted on December 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.40% against the USD and closed at 1.2986, as a surge in the Italian borrowing costs, renewed fears about the European debt crisis. Italian Treasury sold €3 billion of 5-year bonds … Continue reading →

Posted in EUR/USD | Leave a comment

Crude Oil: Crude Oil tumbled as OPEC raised output ceiling, trading higher this morning

Posted on December 15, 2011 by GCI Financial

Oil prices declined 5.26% against the USD for the 24 hour period ending 23:00GMT, closing at 94.83, amid a strong dollar and after the Organisation of Petroleum Exporting Countries (OPEC) decided to raise its production ceiling to 30 million barrels … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading higher this morning, following a sharp fall yesterday

Posted on December 15, 2011 by GCI Financial

Silver prices declined 5.81% to USD 28.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.03, 0.29% higher from yesterday’s close. Silver is expected to find support at 28.04, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold tumbles below $1600 on broad dollar strength

Posted on December 15, 2011 by GCI Financial

Gold prices traded lower by 3.06% against the USD in the 24 hour period ending 23:00GMT, at 1,579.02 per ounce, as the dollar strengthened following concerns over Europe’s debt crisis. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

Posted in Gold | Leave a comment