Daily Archives: January 10, 2012

Trading signals for Tuesday 10-01-2012

Posted on January 10, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 10-01-2012 11:00 GMT Continue reading →

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China imports slow

Posted on January 10, 2012 by GCI Financial

Risk appetite nudged higher in Asia after China’s December trade surplus came in well above consensus. AUD and NZD advanced throughout the session and even the euro staged a modest comeback. Surprisingly, AUD was not held back by the very weak China import numbers which were the root cause of the wider trade surplus. Continue reading →

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AUD/USD: Aussie extends its gain in the Asian session

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0245. In Australia, yesterday, the Reserve Bank of Australia (RBA) reported that the total official reserve assets rose to A$46.08 billion from A$44.83 … Continue reading →

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USD/CAD: Canadian dollar continues to cement gains in the Asian session

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.57% against the CAD to close at 1.0233. In economic news, building permits in Canada decreased 3.6% (MoM) to C$6.1 billion in November, following an 11.6% increase in the previous … Continue reading →

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USD/CHF: Swiss Franc continues its northward journey

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.88% against the CHF and closed at 0.9493. In Switzerland, the unemployment rate rose to 3.1% in December, compared to 3.0% in the previous month. The retail sales increased 1.8% … Continue reading →

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USD/JPY: Japanese Yen trading below its MA’s

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.85. In the Asian session, at GMT0400, the pair is trading at 76.81, with the USD trading 0.05% lower from yesterday’s close. The … Continue reading →

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GBP/USD: Pound continues to trade higher this morning

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5462. In the UK, this morning, the BRC retail sales rose 2.2% (YoY) in December. Additionally, the RICS house price balance stood at … Continue reading →

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EUR/USD: Euro gained on Merkel-Sarkozy meeting progress, trading flat this morning

Posted on January 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.2770, after German Chancellor, Angela Merkel and French President, Nicolas Sarkozy stated that they have made progress toward implementing tougher budget rules across … Continue reading →

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Crude Oil: Trading higher this morning

Posted on January 10, 2012 by GCI Financial

  Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 101.32, after reports showed that German industrial production declined and as concerns eased that Iran would block crude shipments from the Persian Gulf. … Continue reading →

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Silver: Continues to trade higher

Posted on January 10, 2012 by GCI Financial

  Silver prices rose 0.74% to USD 29.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.12, 0.44% higher from yesterday’s close. Silver is expected to find support at 28.74, … Continue reading →

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Gold: Yellow metal fall on lower offtake, global cues; trading higher this morning

Posted on January 10, 2012 by GCI Financial

  Gold prices traded lower by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1,609.73 per ounce, as safe-haven buying fell, amid weak global cues. In the Asian session, at GMT0400, Gold is trading at 1616.29, … Continue reading →

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