Monthly Archives: May 2012

Silver: Silver slips further this morning

Posted on May 29, 2012 by GCI Financial

Silver prices declined 0.72% to USD 28.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.45, 0.15% lower from yesterday’s close. Silver is expected to find support at 28.24, and … Continue reading →

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Gold: Gold trading between is MA’s

Posted on May 29, 2012 by GCI Financial

Gold prices traded lower by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1575.18 per ounce. In the Asian session, at GMT0300, Gold is trading at 1574.4, 0.05% lower from yesterday’s close. Gold is expected to … Continue reading →

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AUD/USD: Pair trading steady in the Asian session

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 0.9839. LME Copper prices rose 0.6% or $43.8/MT to $7739.0/ MT. Aluminium prices rose 0.1% or $1.0/MT to $1980.3/ MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie holds on to yesterday’s gains

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.09% against the CAD to close at 1.0246. In the Asian session, at GMT0300, the pair is trading at 1.0239, with the USD trading 0.07% lower from yesterday’s close. The pair … Continue reading →

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USD/CHF: Greenback continues its rising trend against the Swiss Franc

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CHF and closed at 0.9588. In the Asian session, at GMT0300, the pair is trading at 0.9594, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen gaining strength this morning; manufacturing PMI in Japan awaited

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.05% against the JPY and closed at 79.58. In the Asian session, at GMT0300, the pair is trading at 79.44, with the USD trading 0.17% lower from yesterday’s close. Data released … Continue reading →

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GBP/USD: Witnessing flat trading in the Asian session

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.5675. In the Asian session, at GMT0300, the pair is trading at 1.5670, with the GBP trading marginally lower from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro weakens as concerns over Spanish bank grew

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.2537, amid renewed worries about Euro-zone’s financial health following fears that Spanish government might need to use sovereign debt to support its financial institution. … Continue reading →

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Trading signals for Monday 28-05-2012

Posted on May 28, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 28-05-2012 11:00 GMT Continue reading →

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Crude Oil: Crude rises on US consumer data, Iran nuclear impasse

Posted on May 28, 2012 by GCI Financial

On Friday, Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 91.32, on stronger-than-expected US consumer sentiment data, as well as on a lack of progress in Iranian nuclear talks. A dispute between … Continue reading →

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Silver: Trading lower in Asian session

Posted on May 28, 2012 by GCI Financial

On Friday, Silver prices rose 1.64% to USD 28.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.58, 0.44% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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