Daily Archives: June 29, 2012

Trading signals for Friday 29-06-2012

Posted on June 29, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 29-06-2012 11:00 GMT Continue reading →

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Crude Oil: Oil rallies this morning

Posted on June 29, 2012 by GCI Financial

Oil prices declined 2.71% against the USD for the 24 hour period ending 23:00GMT, closing at 78.29. In the Asian session, at GMT0300, Crude Oil is trading at 79.28, 1.26% higher from yesterday’s close, after European leaders agreed on steps … Continue reading →

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Silver: Silver trading between its MA’s

Posted on June 29, 2012 by GCI Financial

Silver prices rose 2.24% to USD 26.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.69, 1.41% higher from yesterday’s close. Silver is expected to find support at 26.20, and … Continue reading →

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Gold: Yellow metal trading higher after yesterday’s sharp fall

Posted on June 29, 2012 by GCI Financial

Gold prices traded lower by 1.45% against the USD in the 24 hour period ending 23:00GMT, at 1551.65 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1564.55, 0.83% higher from yesterday’s close. … Continue reading →

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AUD/USD: Aussie rebounded strongly in the Asian session

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.57% against the USD to close at 1.0029. LME Copper prices rose 0.9% or $67.0/MT to $7420.5/ MT. Aluminium prices rose 1.2% or $22.0/MT to $1832.3/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading higher this morning; Canadian GDP data awaited

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.88% against the CAD to close at 1.0338. In the Asian session, at GMT0300, the pair is trading at 1.0279, with the USD trading 0.57% lower from yesterday’s close, as risk … Continue reading →

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USD/CHF: Swiss Franc cementing gains this morning

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.29% against the CHF and closed at 0.9657. Yesterday, the Swiss National Bank ,Vice Chairman, Jean- Pierre Danthine, stated that the central bank is ready to take further measures including imposing … Continue reading →

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USD/JPY: Yen continues to gain against the Greenback

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.43% against the JPY and closed at 79.37. The Yen rose against greenback, amid speculation that Japanese companies would repatriate their overseas earnings ahead of the completion of the second quarter. … Continue reading →

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GBP/USD: Series of weak economic data pushed Sterling down, trading higher this morning

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5511, following series of weak economic data from the UK. In the UK, gross domestic product fell 0.2% (YoY) during the first quarter of … Continue reading →

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EUR/USD: Euro fell amid weak Euro-zone macro data, trading higher this morning

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.2438, following weak economic data from the Euro-zone and amid pessimism about the ability of a European summit to ease the region’s debt crisis. … Continue reading →

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