Daily Archives: February 22, 2012

Trading signals for Wednesday 22-02-2012

Posted on February 22, 2012 by GCI Financial

Forex, Commodities and Index signals for Wednesday 22-02-2012 11:00 GMT Continue reading →

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Crude Oil: Oil advanced on supply concerns, trading lower this morning

Posted on February 22, 2012 by GCI Financial

Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 105.92, on persistent concerns over Iran oil supplies. Meanwhile, fears grew among oil traders that an escalation of hostilities between Israel and Iran could … Continue reading →

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Silver: White metal gives up some gains this morning

Posted on February 22, 2012 by GCI Financial

Silver prices rose 2.51% to USD 34.37 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.23, 0.42% lower from yesterday’s close. Silver is expected to find support at 33.70, and … Continue reading →

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Gold: Gold pulls back versus greenback in the Asian session

Posted on February 22, 2012 by GCI Financial

Gold prices traded higher by 1.58% against the USD in the 24 hour period ending 23:00GMT, at 1759.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1756.22, 0.21% lower from yesterday’s close. Gold is expected to … Continue reading →

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AUD/USD: Aussie tad lower this morning

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.72% against the USD to close at 1.0654. In the Asian session, at GMT0400, the pair is trading at 1.0654, with the AUD trading marginally lower from yesterday’s close. This morning, … Continue reading →

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USD/CAD: Loonie fell on weak Canadian retail sales data

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.31% against the CAD to close at 0.9972. The Canadian dollar fell after reports showed that retail sales in Canada declined in December. In economic news, retail sales in Canada eased … Continue reading →

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USD/CHF: Swissy declines as trade surplus in Switzerland narrows unexpectedly

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose marginally against the CHF and closed at 0.9126. Data released in Switzerland showed that trade surplus narrowed to CHF1.6 billion in January, compared to a surplus of CHF 2.0 billion in … Continue reading →

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USD/JPY: Greenback extends its gains in the Asian session

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.17% against the JPY and closed at 79.75. On data front, All Industry Activity Index in Japan advanced 1.3% (MoM) in December, compared to a 1.0% drop in November. In the … Continue reading →

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GBP/USD: Pound trading higher ahead of BoE Minutes

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.36% against the USD and closed at 1.5779. In the UK, the public sector net borrowing swung to a surplus of £10.7 billion in January, marking the highest monthly budget surplus … Continue reading →

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EUR/USD: Euro down as Greek uncertainty persist

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.01% against the USD and closed at 1.3232. Despite the announcement of a new bailout package, the Euro could not hold on its initial gains, amid uncertainty over the implementation of … Continue reading →

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