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
Daily Archives: July 2, 2012
Trading signals for Monday 02-07-2012
Forex, Commodities and Index signals for Monday 02-07-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
Crude Oil: Oil surged on EU summit policies & supply concerns; trading lower amid weak China data
On Friday, Oil prices advanced 8.34% against the USD for the 24 hour period ending 23:00GMT, closing at 84.82, amid speculation that demand for oil would rise as European leaders agreed to create a single supervisory body for Euro-zone banks … Continue reading
Posted in Crude Oil
Leave a comment
Silver: Trading higher this morning
On Friday, Silver prices rose 4.41% to USD 27.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.35, 0.45% lower from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
Leave a comment
Gold: Gold trading lower after Friday’s surge
On Friday Gold prices traded higher by 3.01% against the USD in the 24 hour period ending 23:00GMT, at 1598.32 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1592.2, 0.38% lower from … Continue reading
Posted in Gold
Leave a comment
AUD/USD: Weak Chinese PMI weighs on Aussie
For the 24 hours to 23:00 GMT on Friday, AUD strengthened 2.08% against the USD to close at 1.0238, as investors’ cheered news that European leaders agreed on measures to tackle the region’s debt crisis, raising risk appetite. LME Copper … Continue reading
Posted in AUD/USD
Leave a comment
USD/CAD: Loonie rose on optimism over EU summit & strong Canadian GDP; drifting lower this morning
For the 24 hours to 23:00 GMT on Friday, USD declined 1.52% against the CAD to close at 1.0181. The Lonnie rose, after the European leaders agreed to a decisive action to tackle the Euro-zone debt crisis, boosting demand for … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: CHF trading lower ahead of Swiss retail sales data
For the 24 hours to 23:00 GMT on Friday, USD declined 1.75% against the CHF and closed at 0.9488. The Swiss Franc advanced after the KOF economic barometer in Switzerland rose to a reading of 1.16 in June, compared to … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Yen gaining strength against the US Dollar this morning
For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.74 % against the JPY and closed at 79.96. The Yen came under pressure after housing starts in Japan grew at a slower pace of 9.3% (YoY) in May, … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: Rise in risk appetite boosts Pound, trading lower in the Asian session
For the 24 hours to 23:00 GMT on Friday, GBP rose 1.02% against the USD and closed at 1.5669, as risk appetite in general rose following the announcement of new measures announced at the EU summit. In the Asian session, … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Euro rallies after EU summit, gives up some gains in the Asian session
For the 24 hours to 23:00 GMT on Friday, EUR rose 1.78% against the USD and closed at 1.2659, after European leaders agreed on measures to ease fiscal strains in Italy and Spain and spurred optimism that they are closer … Continue reading
Posted in EUR/USD
Leave a comment