Daily Archives: March 1, 2012

Trading signals for Thursday 01-03-2012

Posted on March 1, 2012 by GCI Financial

Forex, Commodities and Index signals for Thursday 01-03-2012 11:00 GMT Continue reading →

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Silver: Trading higher this morning after yesterday’s sharp fall

Posted on March 1, 2012 by GCI Financial

Silver prices declined 6.39% to USD 34.59 per ounce during the 24 hours ending 23:00GMT, after the Federal Reserve suggested that there would be no more monetary stimulus to bolster the US economy. In the Asian session, at GMT0400, Silver … Continue reading →

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Crude Oil: Oil continues to advance on demand prospects

Posted on March 1, 2012 by GCI Financial

Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, on speculation that demand for oil might rise after the European Central Bank allocated more than $500 billion of easy loans to the … Continue reading →

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Gold: Yellow metal fell on Bernanke’s comment, trading higher this morning

Posted on March 1, 2012 by GCI Financial

Gold prices traded lower by 4.86% against the USD in the 24 hour period ending 23:00GMT, at 1698.21 per ounce, after Federal Reserve Chairman, Ben S. Bernanke, gave no hint for additional quantitative easing, stating that the US economy is … Continue reading →

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AUD/USD: Aussie regained this morning on positive economic data from Australia and China

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.32% against the USD to close at 1.0738, as greenback strengthened after comments from the Federal Reserve Chairman Bernanke reduced speculation that the central bank would provide more monetary stimulus. In … Continue reading →

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USD/CAD: Canadian dollar holds on to yesterday’s gains

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 0.9890. In the Asian session, at GMT0400, the pair is trading at 0.9888, with the USD trading 0.02% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Dollar up as Bernanke comments abated QE speculation, trading lower this morning

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.98% against the JPY and closed at 81.31, as the speculation of more quantitative easing in the US faded after the Federal Reserve Chairman, Ben Bernanke failed to mention it in … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of GDP and PMI data in Switzerland

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.00% against the CHF and closed at 0.9044. In Switzerland, the KOF economic barometer climbed to a reading of -0.12 in February, from an upwardly revised reading of -0.15 in January. … Continue reading →

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EUR/USD: ECB injects €529 billion; Euro trading higher this morning

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.99% against the USD and closed at 1.3328, after key events including the European Central Bank’s cash injection passed without surprise. Meanwhile, the greenback rose, after the Federal Reserve Chairman, Ben … Continue reading →

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GBP/USD: Sterling gives up some gains in the Asian session

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5923, after the release of positive economic data in the UK. Data released in the UK showed that the mortgage approvals advanced to 58,728 … Continue reading →

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