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: January 2012
USD/CAD: Canadian dollar continues to add to yesterday’s gains
For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 1.0158. The Bank of Canada maintained its key interest rate unchanged at 1.0%. The central bank noted that “the outlook for the global economy … Continue reading
Posted in USD/CAD
Leave a comment
AUD/USD: Aussie gains on positive data from China, Australia
For the 24 hours to 23:00 GMT, AUD strengthened 0.59% against the USD to close at 1.0375, bolstered by better-than-expected GDP data in China. In Australia, the Westpac-Melbourne Institute consumer confidence index rose 2.4% (MoM) in January to 97.1 from … Continue reading
Posted in AUD/USD
Leave a comment
USD/CHF: Swiss Franc trading higher ahead of ZEW Survey data
For the 24 hours to 23:00 GMT, USD declined 0.72% against the CHF and closed at 0.9494. In the Asian session, at GMT0400, the pair is trading at 0.9464, with the USD trading 0.32% lower from yesterday’s close. The pair … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen higher this morning after trading flat yesterday
For the 24 hours to 23:00 GMT, USD rose marginally higher against the JPY and closed at 76.83. In the US, the Federal Reserve Bank of New York reported that its General Business Conditions Index advanced to 13.5 in January, … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: British Pound extended its gain this morning
For the 24 hours to 23:00 GMT, GBP rose marginally higher against the USD and closed at 1.5331. The pound rose against the broadly weaker US dollar, as market sentiment was buoyed by stronger than expected Euro-zone and Chinese economic … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Euro rises on falling yields, positive economic data
For the 24 hours to 23:00 GMT, EUR rose 0.63% against the USD and closed at 1.2740, as investor risk appetite improved on the back of positive economic data by Germany. In the Euro-zone, the consumer price inflation fell to … Continue reading
Posted in EUR/USD
Leave a comment
Crude Oil: Crude oil holds above $100 mark on Iran supply concerns, positive economic data
Oil prices advanced 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 101.13, buoyed by positive US and Chinese economic data and as Saudi Arabia indicated that it is likely to keep prices high at around … Continue reading
Posted in Crude Oil
Leave a comment
Silver: White metal rises on positive sentiment
Silver prices rose 0.57% to USD30.05 per ounce during the 24 hours ending 23:00GMT, as strong global economic data lifted investor sentiment. In the Asian session, at GMT0400, Silver is trading at 30.13, 0.26% higher from yesterday’s close. Silver is … Continue reading
Posted in Silver
Leave a comment
Gold: Gold continues to trade higher in the Asian session
Gold prices traded higher by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1651.74 per ounce, as the dollar weakened. In the Asian session, at GMT0400, Gold is trading at 1653.22, 0.09% higher from yesterday’s close. … Continue reading
Posted in Gold
Leave a comment
Trading signals for Tuesday 17-01-2012
Forex, Commodities and Index signals for Tuesday 17-01-2012 Continue reading
Posted in Trading Signals
Leave a comment
The euro recovers some lost ground
The euro experienced a double-dose of upside during the Asia session. First, Japan’s Finance Minister Azumi raised the possibility of intervention in EURJPY, but said he has not yet made a decision on the matter. We see the immediate intervention risk as remote, but investors were in no mood to take chances. China’s Q4 GDP growth then came in stronger than expected, boosting the euro and taking AUDUSD briefly through 1.04. EURUSD traded 1.2649-1.2737, USDJPY 76.67-76.88. Continue reading
Posted in Market Snapshot
Leave a comment