Daily Archives: June 15, 2012

Trading signals for Friday 15-06-2012

Posted on June 15, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 15-06-2012 11:00 GMT Continue reading →

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Crude Oil: OPEC keeps output target steady; Oil trading higher this morning

Posted on June 15, 2012 by GCI Financial

Oil prices advanced 2.27% against the USD for the 24 hour period ending 23:00GMT, closing at 84.41, after Organization of Petroleum Exporting Countries (OPEC) agreed to keep its collective oil output ceiling unchanged for the second half 2012 at 30 … Continue reading →

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Silver: Silver trading between its MA’s

Posted on June 15, 2012 by GCI Financial

Silver prices declined 0.79% to USD 28.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.76, 0.42% higher from yesterday’s close. Silver is expected to find support at 28.27, and … Continue reading →

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Gold: Gold extend its gains on hopes for more easing

Posted on June 15, 2012 by GCI Financial

Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1622.40 per ounce, as weak economic data from the US raised expectation for monetary stimulus by the Federal Reserve to boost the nations’ … Continue reading →

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AUD/USD: Aussie continues to trade higher in the Asian session

Posted on June 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.76% against the USD to close at 1.0017. LME Copper prices weakened 0.3% or $21.0/MT to $ 7376.3/ MT. Aluminium prices rose marginally or $0.5/MT to $ 1924.3/ MT. In the … Continue reading →

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USD/CAD: CAD drifting lower this morning after yesterday’s rise

Posted on June 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.53% against the CAD to close at 1.0234. In Canada, new house prices rose less-than-expected in April, climbing 0.2% (MoM), following a 0.3% increase in March. Additionally, capacity utilization rate rose … Continue reading →

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USD/CHF: SNB leaves interest rate unchanged, maintains EUR/CHF floor; Pair trading steady

Posted on June 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.50% against the CHF and closed at 0.9511. The Swiss Franc rose after Swiss National Bank (SNB) kept its benchmark interest rate unchanged in the range of 0.0%-0.25%, in line with … Continue reading →

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USD/JPY: Yen higher post BoJ policy decision

Posted on June 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 79.43. On the economic front, Japan’s industrial production declined 0.2% (MoM) in April, while capacity utilization slipped 0.6% (MoM) in April. In the Asian … Continue reading →

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

Posted on June 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5547. The Bank of England Governor, Mervyn King, stated that the case for more stimulus in the UK is growing and bank plans to … Continue reading →

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EUR/USD: Euro flat this morning, Employment & trade balance data awaited in Euro-zone

Posted on June 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.50% against the USD and closed at 1.2628. The greenback came under pressure after weak economic data in the US, raised speculation of additional Fed stimulus. Data released in the US … Continue reading →

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