Daily Archives: June 12, 2012

Trading signals for Tuesday 12-06-2012

Posted on June 12, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 12-06-2012 11:00 GMT Continue reading →

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Crude Oil: Oil fell on Europe concerns, trading higher this morning

Posted on June 12, 2012 by GCI Financial

Oil prices declined 5.60% against the USD for the 24 hour period ending 23:00GMT, closing at 81.54, amid demand concerns, as Euro-zone contagion fears continued to linger. Additionally, oil prices declined after Saudi Arabia, Oil Minister, Ali al-Naimi, stated that … Continue reading →

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Silver: Recoups some of yesterday’s losses this morning

Posted on June 12, 2012 by GCI Financial

Silver prices declined 1.99% to USD 28.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.59, 0.54% higher from yesterday’s close. Silver is expected to find support at 28.28, and … Continue reading →

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Gold: Trading higher in the Asian session

Posted on June 12, 2012 by GCI Financial

Gold prices traded lower by 0.91% against the USD in the 24 hour period ending 23:00GMT, at 1591.61 per ounce, amid a stronger greenback. In the Asian session, at GMT0300, Gold is trading at 1593.2, 0.10% higher from yesterday’s close. … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.26% against the USD to close at 0.9859, as risk aversion increased. LME Copper prices rose 2.0% or $144.5/MT to $7395.8/ MT. Aluminium prices rose 0.3% or $5.0/MT to $1943.3/ MT. … Continue reading →

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USD/CAD: Canadian Dollar fell as investors move towards safe-haven greenback

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.93% against the CAD to close at 1.0312, as a relief rally that followed the approval of a rescue package for Spanish banks fizzled, with investors still worried over the Euro-zone’s … Continue reading →

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USD/CHF: Swissy trading above its MA’s

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.39% against the CHF and closed at 0.9629. In the Asian session, at GMT0300, the pair is trading at 0.9620, with the USD trading 0.09% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen drifting lower in the Asian session

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.27% against the JPY and closed at 79.29. The Yen rose, after consumer confidence index in Japan rose to the highest level in 15 months in May. Meanwhile, machine tool orders … Continue reading →

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GBP/USD: Pound trading steady ahead of UK manufacturing and industrial production data

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5483. In the Asian session, at GMT0300, the pair is trading at 1.5484, with the GBP trading flat from yesterday’s close. This morning, the … Continue reading →

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EUR/USD: Euro fell as Euro-zone debt crisis deters risk-taking, trading higher this morning

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.38% against the USD and closed at 1.2473, as lack of details about Spain’s weekend bank bailout and uncertainty surrounding elections in Greece compounded worries that the financial crisis in Europe … Continue reading →

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