Daily Archives: March 2, 2012

Trading signals for Friday 02-03-2012

Posted on March 2, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 02-03-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

AUD/USD: Aussie gives up some gains in the Asian session

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.65% against the USD to close at 1.0808. In the Asian session, at GMT0400, the pair is trading at 1.0788, with the AUD trading 0.19% lower from yesterday’s close. LME … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie rose on Canadian economic data, oil prices; clawing back its yesterday’s gain

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9854. Loonie rose against the US dollar yesterday, amid release of positive Canadian economic data. Also, a rise in crude oil prices supported … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss economy avoids contraction in Q4‎, Swiss Franc continues to trade lower

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.14% against the CHF and closed at 0.9056. In Switzerland, the Gross Domestic Product (GDP) rose 1.3% (YoY) in the fourth quarter of 2011, in comparison with 1.6% rise in … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Pair trading above its MA’s

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.20% against the JPY and closed at 81.15. In the Asian session, at GMT0400, the pair is trading at 81.47, with the USD trading 0.40% higher from yesterday’s close. In … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Pound rose on positive UK house price data, trading lower this morning

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5958, on an upbeat UK house price data. On an annual basis, the Nationwide Housing Prices in the UK rose 0.9% in February, … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro continues its southward journey this morning, Euro-zone PPI awaited

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.08% against the USD and closed at 1.3318, after unemployment rate in the Euro-zone climbed to the highest level in 14-years to 10.7% in January, while another report showed that … Continue reading →

Posted in EUR/USD | Leave a comment

Gold: Gold up on bargain hunting

Posted on March 2, 2012 by GCI Financial

  Gold prices traded higher by 1.23% against the USD in the 24 hour period ending 23:00GMT, at 1719.10 per ounce, as a sharp drop in price in the previous session, prompted investors to buy precious metals at lower prices. … Continue reading →

Posted in Gold | Leave a comment

Silver: White metal trading between its MA’s

Posted on March 2, 2012 by GCI Financial

  Silver prices rose 2.57% to USD 35.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 35.31, 0.48% lower from yesterday’s close. Silver is expected to find support at 34.60, … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Crude oil rose amid rising concerns in Middle East

Posted on March 2, 2012 by GCI Financial

  Oil prices advanced 1.65% against the USD for the 24 hour period ending 23:00GMT, closing at 108.80, after Israel stated that it would test-fire a ballistic interceptor missile, raising fears of a conflict with Iran. Additionally, oil prices also … Continue reading →

Posted in Crude Oil | Leave a comment