Monthly Archives: May 2012

Gold: Yellow metal tad lower this morning

Posted on May 28, 2012 by GCI Financial

On Friday Gold prices traded higher by 1.16% against the USD in the 24 hour period ending 23:00GMT, at 1576.47 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1575.66, 0.05% lower from Friday’s … Continue reading →

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AUD/USD: Aussie buoyed by Greece euro hopes

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 0.9830. LME Copper prices rose 0.5% or $35.3/MT to $ 7695.3/ MT. Aluminium prices rose 0.5% or $10.8/MT to $ 1979.3/ MT. … Continue reading →

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GBP/USD: Trading higher this morning

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.17% against the USD and closed at 1.5689. In the Asian session, at GMT0300, the pair is trading at 1.5695, with the GBP trading 0.03% higher from Friday’s close. … Continue reading →

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USD/CAD: Canadian Dollar extends its gains on hopes that Europe crisis would ease

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.13% against the CAD to close at 1.0255. The Loonie rose as risk appetite increased among investors amid optimism that that Greece would stay in the Euro-zone following, Italian … Continue reading →

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USD/JPY: Economic activity remains flat indicates BoJ’s minutes

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.07% against the JPY and closed at 79.62, on stronger-than-expected consumer sentiment data in the US. In the US, the Thomson Reuters/University of Michigan’s consumer sentiment index rose to … Continue reading →

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USD/CHF: Swissy continues to trade higher

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.21% against the CHF and closed at 0.9566. The Swiss Franc rose, after number of people employed in Switzerland rose unexpectedly in the first quarter of 2012. In a … Continue reading →

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EUR/USD: Euro extends its Friday’s gains on Greek political polls

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.32% against the USD and closed at 1.2576, amid optimism that that Greece would stay in the Euro-zone and following positive German and French consumer confidence data. The Euro … Continue reading →

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Trading signals for Friday 25-05-2012

Posted on May 25, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 25-05-2012 11:00 GMT Continue reading →

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Crude Oil: Oil drifting lower this morning after yesterday’s rise

Posted on May 25, 2012 by GCI Financial

Oil prices advanced 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 90.81, amid encouraging US jobless claims data. In the Asian session, at GMT0300, Crude Oil is trading at 90.36, 0.50% lower from yesterday’s close. … Continue reading →

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Silver: White metal erases yesterday’s gains this morning

Posted on May 25, 2012 by GCI Financial

Silver prices rose 1.52% to USD 28.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.96, 1.00% lower from yesterday’s close. Silver is expected to find support at 27.55, and … Continue reading →

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Gold: Gold continues to lose shine in the Asian session

Posted on May 25, 2012 by GCI Financial

Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1558.45 per ounce, amid a stronger greenback. In the Asian session, at GMT0300, Gold is trading at 1552.24, 0.40% lower from yesterday’s close. … Continue reading →

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