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: February 2012
AUD/USD: Aussie trading higher on better than expected consumer confidence
For the 24 hours to 23:00 GMT, AUD weakened 0.23% against the USD to close at 1.0693. In the Asian session, at GMT0400, the pair is trading at 1.0736, with the AUD trading 0.40% higher from yesterday’s close, after the … Continue reading
Posted in AUD/USD
Leave a comment
USD/CHF: Swissy trading between its MA’s
For the 24 hours to 23:00 GMT, USD rose 0.22% against the CHF and closed at 0.9199. In the Asian session, at GMT0400, the pair is trading at 0.9173, with the USD trading 0.28% lower from yesterday’s close. The pair … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen continues its downfall in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 1.27% against the JPY and closed at 78.44, after the Bank of Japan surprisingly expanded its asset purchase program by ¥10 trillion. In economic news, preliminary government report indicated that Japan’s … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Cable gaining strength this morning
For the 24 hours to 23:00 GMT, GBP fell 0.31% against the USD and closed at 1.5690. Data released in the UK showed that the Consumer Price Index slowed to 3.6% (YoY) in January, marking the lowest level since November … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: EUR trading higher as China pledges support to debt crisis
For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.3129, amid concerns over Greece debt crisis and after disappointing Euro-zone industrial production data. News that meeting of the Euro-zone officials to discuss Greece’s … Continue reading
Posted in EUR/USD
Leave a comment
USD/CAD: Loonie advances on higher oil prices
For the 24 hours to 23:00 GMT, USD declined 0.16% against the CAD to close at 0.9991. Rising oil prices supported the Canadian dollar. Yesterday, the Statistics Canada reported that the number of new motor vehicles sold in Canada dropped … Continue reading
Posted in USD/CAD
Leave a comment
Trading signals for Tuesday 14-02-2012
Forex, Commodities and Index signals for Tuesday 14-02-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
Moody’s downgraded six Eurozone sovereigns
Moody’s downgraded six Eurozone sovereigns overnight: Italy, Spain, Portugal, Malta, Slovakia, and Slovenia. The Aaa ratings of France, Austria, and the UK were affirmed but the outlook on each of these ratings was lowered to negative from stable. Cable dropped 60 pips over the course of the Asia session on the back of this news. Continue reading
Posted in Market Snapshot
Leave a comment
Crude Oil: Continues to trade above $100 per barrel amid tension between Israel and Iran
Oil prices advanced 1.15% against the USD for the 24 hour period ending 23:00GMT, closing at 100.54, on concerns over oil supplies amid tensions in the Middle East. Investors await the oil inventory reports later today and tomorrow to offer … Continue reading
Posted in Crude Oil
Leave a comment
Silver: Trading lower this morning
Silver prices declined 0.49% to USD 33.63per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.57, 0.15% lower from yesterday’s close. Silver is expected to find support at 33.34, and a … Continue reading
Posted in Silver
Leave a comment
Gold: Gold extends decline in the Asian session
Gold prices traded marginally lower by against the USD in the 24 hour period ending 23:00GMT, at 1720.70per ounce, as the greenback strengthened after Moody’s Investors Service downgraded the ratings for six European nations. In the Asian session, at GMT0400, … Continue reading
Posted in Gold
Leave a comment