Monthly Archives: January 2012

USD/CAD: Trading above its MA’s

Posted on January 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0186, after US retail sales increased less-than-forecast and jobless-benefits claims fell, damping demand for riskier assets. In economic news, the New Housing Price Index … Continue reading →

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USD/CHF: Swiss Franc advances further

Posted on January 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD retreated 1.00% against the CHF and closed at 0.9445. Yesterday in Switzerland, the Finance Minister, Eveline Widmer-Schlumpf, indicated that the nation may not name a permanent successor to Philipp Hildebrand as Central … Continue reading →

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USD/JPY: Japanese Yen tad lower this morning

Posted on January 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.13% against the JPY and closed at 76.78, following a rise in the US jobless claims. In the US, for the week ended 7 January 2012, initial jobless claims advanced to … Continue reading →

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GBP/USD: Dollar broadly lower after weak US data, UK’s PPI data awaited

Posted on January 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5336. In the UK, industrial production retreated 0.6% (MoM) in November, from a revised 1.0% decline in October. Also, manufacturing production fell 0.2% (MoM) … Continue reading →

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EUR/USD: Euro moves north on bullish comments from ECB President and successful bond auction

Posted on January 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR advanced 0.83% against the USD and closed at 1.2813, after closely watched Spanish and Italian government debt auctions met strong investor demand at lower yields. The Euro also found support, after European … Continue reading →

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Crude Oil: Crude oil fell on disappointing data from the US, trading higher this morning

Posted on January 13, 2012 by GCI Financial

Oil prices declined 1.68% against the USD for the 24 hour period ending 23:00GMT, closing at 99.27, on weak US economic data and a broadly lower US dollar. In the Asian session, at GMT0400, Crude Oil is trading at 99.67, … Continue reading →

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Silver: Trading lower this morning

Posted on January 13, 2012 by GCI Financial

Silver prices rose 0.75% to USD30.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.77, 1.44% lower from yesterday’s close. Silver is expected to find support at 29.39, and a … Continue reading →

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Gold: Yellow metal rose on greenback’s fall, China outlook; trading lower this morning

Posted on January 13, 2012 by GCI Financial

Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1,648.93 per ounce, as the greenback declined and amid speculation that China may loosen monetary policy. In the Asian session, at GMT0400, Gold … Continue reading →

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Trading signals for Thursday 12-01-2012

Posted on January 12, 2012 by GCI Financial

Forex, Commodities and Index signals for Thursday 12-01-2012 11:00 GMT Continue reading →

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USD/CAD: Canadian dollar rebounds marginally in the Asian session

Posted on January 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD climbed 0.25% against the CAD to close at 1.0193. In the Asian session, at GMT0400, the pair is trading at 1.0186, with the USD trading 0.06% lower from yesterday’s close. The pair … Continue reading →

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AUD/USD: Pair converging with its MA’s

Posted on January 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded marginally lower against the USD to close at 1.0304. In the Asian session, at GMT0400, the pair is trading at 1.0299, with the AUD trading 0.05% lower from yesterday’s close. LME … Continue reading →

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