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: Trading lower this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.04% against the USD to close at 1.0718. In the Asian session, at GMT0400, the pair is trading at 1.0688, with the AUD trading 0.28% lower from yesterday’s close. Data released … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Canadian dollar continues to lose steam in the Asian session
For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD to close at 1.0007. In the Asian session, at GMT0400, the pair is trading at 1.0013, with the USD trading 0.05% higher from yesterday’s close. The pair … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Swiss Franc trading steady this morning
For the 24 hours to 23:00 GMT, USD rose 0.63% against the CHF and closed at 0.9179. In economic news, producer and import price index in Switzerland fell 2.4% (YoY), compared to the market expectation of a 2.2% fall. In … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen trading lower after BoJ expands asset purchases by ¥10 trillion; kept interest rate target unchanged
For the 24 hours to 23:00 GMT, USD weakened 0.22% against the JPY and closed at 77.45. In economic news, the Gross domestic Product (GDP) fell 2.3% (YoY) in fourth quarter of 2011, compared to an upwardly revised 1.7% expansion … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: British Pound slips on Moody’s warnings
For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.5740, after credit ratings agency, Moody’s put the UK on negative outlook. In the Asian session, at GMT0400, the pair is trading at 1.5715, … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Euro down on Greece uncertainty; Moody’s ratings cut
For the 24 hours to 23:00 GMT, EUR declined 0.70% against the USD and closed at 1.3167, amid concerns that the obstacles are still in the way for Greece to secure a second bailout from its creditors. Even though Greek … Continue reading
Posted in EUR/USD
Leave a comment
Trading signals for Monday 13-02-2012
Forex, Commodities and Index signals for Monday 13-02-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
New Greek austerity package
The Greek parliament voted in favour of a new package of austerity measures by 199 votes to 74 early on Monday morning. There were 27 abstentions. The euro got a moderate boost once the count got underway, but we saw no follow-through after the result was announced. In a sign of heightened political discord, 45 of the 300 lawmakers were expelled from their political parties for breaking ranks and voting against party lines. Safe passage of the legislation will go some way to alleviating market concerns after five Greek ministers resigned in protest on Friday. Continue reading
Posted in Market Snapshot
Leave a comment
AUD/USD: AUD trading higher this morning
On Friday, for the 24 hours to 23:00 GMT, AUD weakened 1.07% against the USD to close at 1.0664, after the Reserve Bank of Australia lowered its growth forecasts to 3.5% from 4.0% for the year ending June 2012, raising … Continue reading
Posted in AUD/USD
Leave a comment
Crude Oil: Oil fell on IEA outlook cut, trading higher this morning
Oil prices declined 0.78% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 98.95, after the International Energy Agency (IEA) cut its 2012 estimate for global oil demand to 0.8 million barrels a day, against … Continue reading
Posted in Crude Oil
Leave a comment
Silver: White metal rebounds as dollar retreats in the Asian session
On Friday, Silver prices declined 1.24% to USD 33.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.80, 0.88% higher from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
Leave a comment