Daily Archives: June 26, 2012

Trading signals for Tuesday 26-06-2012

Posted on June 26, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 26-06-2012 11:00 GMT Continue reading →

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AUD/USD: Aussie trading above its parity

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.37% against the USD to close at 1.0008. LME Copper prices rose 0.3% or $22.8/MT to $7342.3/ MT. Aluminium prices declined 0.4% or $6.5/MT to $1816.8/ MT. In the Asian session, … Continue reading →

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Crude Oil: Trading lower ahead of the US oil inventory data.

Posted on June 26, 2012 by GCI Financial

Oil prices declined 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 79.28, amid continued concern that Europe’s debt crisis would curb demand for crude oil. Investors await the oil inventory reports later today and tomorrow … Continue reading →

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Silver: White metal continues its rally this morning

Posted on June 26, 2012 by GCI Financial

Silver prices rose 2.78% to USD 27.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.46, 0.09% higher from yesterday’s close. Silver is expected to find support at 26.89, and … Continue reading →

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Gold: Yellow metal losing shine in the Asian session

Posted on June 26, 2012 by GCI Financial

Gold prices traded higher by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1584.53 per ounce. In the Asian session, at GMT0300, Gold is trading at 1584.45, marginally lower from yesterday’s close. Gold is expected to … Continue reading →

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USD/CAD: Loonie fell on risk aversion, cementing gains this morning

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CAD to close at 1.0288, amid risk aversion among investors following concern that a European Union (EU) summit this week would not lead to decisive measures to end … Continue reading →

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USD/CHF: Swissy trading between its MA’s

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CHF and closed at 0.9605. In the US, new home sales rose sharply by 7.9% to a seasonally adjusted 369,000 units in May, making it the highest rate … Continue reading →

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USD/JPY: Greenback gaining strength this morning after yesterday’s sharp fall

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 1.07% against the JPY and closed at 79.64. In the Asian session, at GMT0300, the pair is trading at 79.68, with the USD trading 0.05% higher from yesterday’s close. This morning, … Continue reading →

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GBP/USD: Pound fell on BoE easing speculation, trading higher this morning

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.5570, amid talks of monetary easing by BoE policymakers. Yesterday, the Bank of England (BoE) policymaker, David Miles, stated that a substantial amount of … Continue reading →

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EUR/USD: Euro fell on EU summit uncertainty, trading higher this morning

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.2505, as investors remained doubtful that a European leader’s summit later this week would produce any substantive measures to soothe region’s escalating debt crisis. … Continue reading →

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