Daily Archives: May 15, 2012

Trading signals for Tuesday 15-05-2012

Posted on May 15, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 15-05-2012 11:00 GMT Continue reading →

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AUD/USD: Aussie trading lower after RBA minutes

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 0.9970, amid rising fears that Greece may exit from Europe’s currency union, reducing demand for riskier assets. In the Asian session, at GMT0300, the … Continue reading →

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USD/CAD: Greenback strengthened amid Greece jitters

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 1.0026, as political and economic uncertainty in Greece prompted investors to move to safer assets. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CHF: Swissy trading above its MA’s

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.51% against the CHF and closed at 0.9363. In Switzerland, the producer and import price index fell 0.1% (MoM) in April, compared to a 0.3% rise in March, and against the … Continue reading →

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USD/JPY: Yen trading flat, a series of Japan economic data awaited today

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 79.87. In the Asian session, at GMT0300, the pair is trading at 79.87, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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GBP/USD: Pound trading steady ahead of UK trade balance data

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6100. In the Asian session, at GMT0300, the pair is trading at 1.6093, with the GBP trading steady from yesterday’s close. The pair is … Continue reading →

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EUR/USD: Euro continues to trade lower on Greece worries

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.51% against the USD and closed at 1.2829, as final round of talks between Greece’s President, Karolos Papoulias, and country’s political leader to avert a new election ended without any progress … Continue reading →

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Crude Oil: Oil fell on demand concerns, rebounds this morning

Posted on May 15, 2012 by GCI Financial

Oil prices declined 1.32% against the USD for the 24 hour period ending 23:00GMT, closing at 94.16, as mounting political uncertainty in Greece, raised global demand concern for commodity. Oil was further pressurized, after the Saudi Arabian Oil Minister, Ali … Continue reading →

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Silver: Silver extends losses in the Asian session

Posted on May 15, 2012 by GCI Financial

Silver prices declined 2.16% to USD 28.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.1, 0.50% lower from yesterday’s close. Silver is expected to find support at 27.82, and … Continue reading →

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Gold: Rising dollar erodes demand for precious metals

Posted on May 15, 2012 by GCI Financial

Gold prices traded lower by 1.36% against the USD in the 24 hour period ending 23:00GMT, at 1559.32 per ounce, amid a firm dollar. In the Asian session, at GMT0300, Gold is trading at 1554.54, 0.31% lower from yesterday’s close. … Continue reading →

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