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
Daily Archives: May 2, 2012
Trading signals for Wednesday 02-05-2012
Forex, Commodities and Index signals for Wednesday 02-05-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
Crude Oil: Crude Oil rises on upbeat manufacturing data from US and China
Oil prices advanced 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 105.86, supported by positive manufacturing data from the US and China that lifted hopes of higher oil demand at the world’s top two … Continue reading
Posted in Crude Oil
Leave a comment
Silver: White metal trading below its MA’s
Silver prices declined 0.16% to USD30.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.88, 0.34% lower from yesterday’s close. Silver is expected to find support at 30.66, and … Continue reading
Posted in Silver
Leave a comment
Gold: Yellow metal losses its shine as US data eases economic concerns
Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1662.45 per ounce, as upbeat US manufacturing data soothed worries about the state of nation’s economy and dampened hopes of more monetary … Continue reading
Posted in Gold
Leave a comment
AUD/USD: Aussie slips after RBA rate cut, trading higher this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.82% against the USD to close at 1.0333, after the Reserve Bank of Australia (RBA) slashed the key interest rate by 50 basis points to 3.75% from 4.25%. The rate … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Canadian Dollar gets a lift from firm US data; tad lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.16% against the CAD to close at 0.9858. Canadian dollar gained against greenback as an upbeat US manufacturing data eased investors’ concerns about the Canadian economic outlook, US’s largest trading … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Swiss Franc continues to decline in Asian session
For the 24 hours to 23:00 GMT, USD rose 0.05% against the CHF and closed at 0.9078. In the Asian session, at GMT0300, the pair is trading at 0.9088, with the USD trading 0.11% higher from yesterday’s close. The … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Trading flat this morning
For the 24 hours to 23:00 GMT, USD strengthened 0.33% against the JPY and closed at 80.16, after reports showed a rise in US manufacturing activity. In the US, the Institute for Supply Management reported that manufacturing PMI rose … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Pound weakened on poor UK manufacturing data, trading modestly higher this morning
For the 24 hours to 23:00 GMT, GBP fell 0.08% against the USD and closed at 1.6221, after reports showed that manufacturing purchasing managers’ index (PMI) in the UK declined to 50.5 in April, compared to 51.9 in March. … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Greenback extends gains against the Euro on positive US manufacturing data
For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3236, as strong US manufacturing data spurred investors to greenback, while Spanish economic recovery concerns continued to weigh on investor sentiment. In the … Continue reading
Posted in EUR/USD
Leave a comment