Daily Archives: April 10, 2012

Trading signals for Tuesday 10-04-2012

Posted on April 10, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 10-04-2012 11:00 GMT Continue reading →

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Crude Oil: Crude oil rises as China returns to surplus in March

Posted on April 10, 2012 by GCI Financial

  Oil prices advanced 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 102.34. Investors remain cautious ahead of talks taking place in Turkey on April 13 and 14 between Iran and major global powers, including … Continue reading →

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Silver: White metal rises after yesterday’s decline

Posted on April 10, 2012 by GCI Financial

Silver prices declined 0.88% to USD 31.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.92, 0.95% higher from yesterday’s close. Silver is expected to find support at 31.52, and … Continue reading →

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Gold: Gold gains ground on monetary easing hopes

Posted on April 10, 2012 by GCI Financial

  Gold prices traded higher by 0.04% against the USD in the 24 hour period ending 23:00GMT, at 1643.30 per ounce, as Friday’s nonfarm payrolls data revived expectations that the Federal Reserve could introduce new monetary easing measures in the … Continue reading →

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AUD/USD: Chinese trade surplus boosts Aussie

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0305, on speculation that the US Federal Reserve may add stimulus after a report on Friday showed that US employers added fewer jobs … Continue reading →

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USD/CAD: Canadian Dollar tad higher this morning

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.21% against the CAD to close at 0.9968. In the Asian session, at GMT0300, the pair is trading at 0.9953, with the USD trading 0.14% lower from yesterday’s close. Canadian … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of unemployment data in Switzerland

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.9165. The trading volumes were muted amid thin market conditions in European hours yesterday, with traders away from their desks for the extended … Continue reading →

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USD/JPY: Bank of Japan keeps key rate on hold

Posted on April 10, 2012 by GCI Financial

    For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY and closed at 81.57. Earlier during the session the Japanese Yen was trading higher, after Japan’s current account swung to a surplus in February. Economic … Continue reading →

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GBP/USD: Pound extends its gains this morning after a better-than-expected RICS Housing Price Balance data in the UK

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.23% against the USD and closed at 1.5902. However, during the intraday session it came under pressure, as market participants were jittery amid new uncertainty over the extent of the … Continue reading →

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EUR/USD: Euro firms as Friday’s jobs data in the US supported QE3 talk‎

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3115, amid speculation that a sluggish labor market in the US would prompt Federal Reserve to open the door to more easing measures, … Continue reading →

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