Follow GCI News
-
Recent Posts
- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
Post News
Monthly Archives: June 2012
AUD/USD: Aussie trading lower this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.05% against the USD to close at 0.9906. Yesterday, the People’s Bank of China reduced the one-year loan rate by a quarter point to 6.31%, effective from 8 June. The one-year … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Loonie rose as Canada’s Ivey PMI index surges in May, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.07% against the CAD to close at 1.0274, amid positive economic data from Canada. The Ivey purchasing managers index in Canada rose to a reading of 60.5 in May, against the … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Greenback gaining strength against Swiss Franc this morning
For the 24 hours to 23:00 GMT, USD rose marginally against the CHF and closed at 0.9556. On the Swiss economic front, consumer price inflation remained flat in May, missing market expectations for a modest increase. Meanwhile, nation’s unemployment rate … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen up as Japan posts strong 1Q GDP growth
For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 79.66, after Federal Reserve Chairman, Ben Bernanke, refrained from signaling additional steps the central bank might take to spur growth, during congressional testimony. In … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Pound rose as BoE keeps stimulus on hold
For the 24 hours to 23:00 GMT, GBP rose 0.28% against the USD and closed at 1.5527. In economic news, the Bank of England (BoE) kept interest rates at a record-low 0.50% and refrained from altering its stimulus policy by … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Euro down as Fitch downgrades Spain with 3-notches
For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.2569. The Euro came under pressure, after ratings agency, Fitch, downgraded Spain’s credit rating by three notches to ‘BBB’ from ‘A’, with a negative … Continue reading
Posted in EUR/USD
Leave a comment
Trading signals for Thursday 07-06-2012
Forex, Commodities and Index signals for Thursday 07-06-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
Gold: Gold rose on broad dollar weakness, trading lower this morning
Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1622.47 per ounce, as the greenback weakened on speculation of monetary easing by Federal Reserve. In the Asian session, at GMT0300, Gold is … Continue reading
Posted in Gold
Leave a comment
AUD/USD: Aussie spiked on upbeat employment data in Australia
For the 24 hours to 23:00 GMT, AUD strengthened 1.58% against the USD to close at 0.9911. LME Copper prices rose 1.3% or $95.3/MT to $7459.3/ MT. Aluminium prices rose 0.4% or $8.3/MT to $1944.8/ MT. In the Asian session, … Continue reading
Posted in AUD/USD
Leave a comment
Silver: White metal backpedals in the Asian session
Silver prices rose 3.44% to USD 29.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 29.26, 0.82% lower from yesterday’s close. Silver is expected to find support at 28.72, and … Continue reading
Posted in Silver
Leave a comment
USD/CAD: Loonie trading higher this morning; Investors awaits Ivey PMI data in Canada
For the 24 hours to 23:00 GMT, USD declined 0.95% against the CAD to close at 1.0281, amid speculation of more monetary stimulus from the US central bank. In the Asian session, at GMT0300, the pair is trading at … Continue reading
Posted in USD/CAD
Leave a comment