Daily Archives: April 13, 2012

Trading signals for Friday 13-04-2012

Posted on April 13, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 13-04-2012 11:00 GMT Continue reading →

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Crude Oil: Crude Oil soars on weaker dollar, Iran concerns

Posted on April 13, 2012 by GCI Financial

  Oil prices advanced 1.11% against the USD for the 24 hour period ending 23:00GMT, closing at 103.75, as greenback weakened after central bank officials in the US indicated they would use monetary policies to stimulate their economies. Meanwhile, oil … Continue reading →

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Silver: Silver trading between its MA’s

Posted on April 13, 2012 by GCI Financial

  Silver prices rose 2.29% to USD 32.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.26, 0.30% lower from yesterday’s close. Silver is expected to find support at 31.61, … Continue reading →

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Gold: Gold gained on hopes for more easing, slips in Asian session

Posted on April 13, 2012 by GCI Financial

  Gold prices traded higher by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1676.05 per ounce, as greenback weakened, amid renewed possibility of economic stimulus in the US economy, following comments from Federal officials. In … Continue reading →

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AUD/USD: Aussie pared yesterday gains, amid disappointing Chinese GDP data

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 1.18% against the USD to close at 1.0434, on strong Australian employment data. In the Asian session, at GMT0300, the pair is trading at 1.0395, with the AUD trading 0.37% … Continue reading →

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USD/CAD: Rise in risk appetite boosts Loonie, tad lower in Asian session

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.85% against the CAD to close at 0.9949. In Canada, the New Housing Price Index rose 0.3% (MoM) in February, compared to 0.1% increase in previous month. Market had expected … Continue reading →

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USD/CHF: US dollar recoup yesterday’s losses

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.60% against the CHF and closed at 0.9115. In the Asian session, at GMT0300, the pair is trading at 0.9122, with the USD trading 0.08% higher from yesterday’s close. The … Continue reading →

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USD/JPY: Yen strengthened against greenback

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 80.91. Earlier in the day, the Bank of Japan (BoJ) Governor, Masaaki Shirakawa stated that the BoJ would pursue powerful easing to help … Continue reading →

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GBP/USD: Pound traded higher yesterday, despite negative UK trade balance data

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.5954. The greenback declined against the Pound, as the Federal Reserve signaled low interest rates to continue triggering a risk on flight by … Continue reading →

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EUR/USD: Euro traded higher as industrial production in the Euro-zone came in slightly better; trading lower this morning

Posted on April 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3181, after European industrial production gained unexpectedly in February. However, the gains in the Euro came down later in the session, amid lack … Continue reading →

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