Daily Archives: June 19, 2012

Trading signals for Tuesday 19-06-2012

Posted on June 19, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 19-06-2012 11:00 GMT Continue reading →

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

Posted on June 19, 2012 by GCI Financial

Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 83.11, amid fears that rising yields on Spanish and Italian bond would crimp fuel demand. Investors await the oil inventory reports later today and … Continue reading →

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Silver: Silver continues to trade higher in the Asian session

Posted on June 19, 2012 by GCI Financial

Silver prices rose 1.00% to USD 28.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.80, 0.14% higher from yesterday’s close. Silver is expected to find support at 28.44, and … Continue reading →

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Gold: Gold trading higher ahead on US Fed meeting

Posted on June 19, 2012 by GCI Financial

Gold prices traded higher by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1628.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1629.23, 0.07% higher from yesterday’s close, amid speculation of another … Continue reading →

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AUD/USD: Aussie trading higher this morning; RBA rate cut ‘finely balanced’

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0116. In Australia, Treasury Secretary, Martin Parkinson, stated that the country has scope to respond to an economic shock from Euro-zone, adding that region’s … Continue reading →

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USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CAD to close at 1.0230, after risk appetite faded as rising borrowing costs for Spain and Italy reignited speculation that European leaders are struggling to contain their debt … Continue reading →

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USD/CHF: Pair trading between MA’s

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.01% against the CHF and closed at 0.9541. In the Asian session, at GMT0300, the pair is trading at 0.9524, with the USD trading 0.17% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Pair trading lower ahead of Federal Reserve meeting & BoJ Minutes

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 79.08. Yesterday, the Bank of Japan (BoJ), in its monthly economic report, upgraded its overall assessment of the economy citing that country’s economic activity … Continue reading →

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GBP/USD: Pound trading higher ahead of UK retail prices & consumer prices

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5680, as concerns over rising Spanish borrowing costs and sovereign debt contagion in the Euro-zone continued to dampen investor confidence. The Pound was also … Continue reading →

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EUR/USD: Euro fell as Spanish and Italian borrowing cost surged, trading higher this morning

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.03% against the USD and closed at 1.2589, amid rising yields on Italian and Spanish bonds and as investors remain doubtful whether the Greece polls were enough to ensure a positive … Continue reading →

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