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: April 2012
Crude Oil: Crude Oil rose as stockpiles declined
Oil prices advanced 0.52% against the USD for the 24 hour period ending 23:00GMT, closing at 103.69, after reports showed decline in US crude oil inventories. Late yesterday, the American Petroleum Institute reported that crude oil inventories fell 960,000 … Continue reading
Posted in Crude Oil
Leave a comment
Silver: White metal continues to trade lower in Asian session
Silver prices declined 0.05% to USD30.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.82, slightly lower from yesterday’s close. Silver is expected to find support at 30.62, and … Continue reading
Posted in Silver
Leave a comment
Gold: Yellow metal declines, investors awaits outcome of Fed meeting
Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1641.90 per ounce, as greenback weakened amid uninspiring US housing and consumer confidence data. The Federal Reserve is set to release its … Continue reading
Posted in Gold
Leave a comment
AUD/USD: Aussie trading above its MA’s
For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0328. In the Asian session, at GMT0300, the pair is trading at 1.0316, with the AUD trading 0.11% lower from yesterday’s close. LME … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Mark Carney says BoC may have to raise rates; Loonie trading steady in Asian session
For the 24 hours to 23:00 GMT, USD declined 0.36% against the CAD to close at 0.9872. Canadian dollar advanced against greenback, after Bank of Canada (BoC) head Mark Carney indicated that the bank may have to raise interest … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Swissy trading flat this morning
For the 24 hours to 23:00 GMT, USD declined 0.34% against the CHF and closed at 0.9105. In economic news, trade surplus in Switzerland narrowed to CHF1.7 billion in March, from a revised surplus of CHF2.6 billion in February. … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen declined on monetary easing hopes
For the 24 hours to 23:00 GMT, USD strengthened 0.22% against the JPY and closed at 81.34. Yen traded lower against greenback, on speculation that Bank of Japan would resume monetary easing to weaken the currency. In the Asian … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Tad lower this morning after yesterday’s gains
For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6147. In the UK, public sector net borrowing (PSNB) rose to £15.9 billion in March, compared to £9.9 billion in February. Market had … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Euro rose after weak economic data in the US, trading flat this morning
For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3197, following the release of broadly weaker-than-expected US economic data on housing and consumer confidence. However, sentiments on the Euro remained weak after … Continue reading
Posted in EUR/USD
Leave a comment
Trading signals for Tuesday 24-04-2012
Forex, Commodities and Index signals for Tuesday 24-04-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
AUD fell after weak CPI figures
The Australian dollar suffered after Australia’s Q1 CPI inflation report came in much weaker than expected. Headline inflation fell sharply to +1.6% y/y (cons. 2.2%, prev. 3.1%). Market expectations had already been lowered by yesterday’s PPI report, but the scale of the miss was still surprising, and AUD promptly dropped 70pips. Continue reading
Posted in Market Snapshot
Leave a comment