Daily Archives: July 9, 2012

Trading signals for Monday 09-07-2012

Posted on July 9, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 09-07-2012 11:00 GMT Continue reading →

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Crude Oil: Trading higher this morning after Friday’s fall

Posted on July 9, 2012 by GCI Financial

On Friday, Oil prices declined 2.92% against the USD for the 24 hour period ending 23:00GMT, closing at 84.21, amid demand concern following disappointing US jobs growth data. In the Asian session, at GMT0300, Crude Oil is trading at 84.93, … Continue reading →

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Silver: Trading between its MA’s

Posted on July 9, 2012 by GCI Financial

On Friday, Silver prices declined 2.34% to USD 27.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.22, 0.39% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold drifting lower in the Asian session

Posted on July 9, 2012 by GCI Financial

On Friday Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1607.18 per ounce. In the Asian session, at GMT0300, Gold is trading at 1581.25, 1.61% lower from Friday’s close. Gold is expected … Continue reading →

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AUD/USD: Aussie fell on Chinese growth concern

Posted on July 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.55% against the USD to close at 1.0220. LME Copper prices declined 2.1% or $163.5/MT to $7597.5/ MT. Aluminium prices declined 1.4% or $26.8/MT to $1887.5/ MT. Over the … Continue reading →

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USD/CAD: Loonie fell on weak Canadian PMI data

Posted on July 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD rose 0.35% against the CAD to close at 1.0183, after data showed that Canadian purchasing activity unexpectedly contracted in June. In Canada, Ivey purchasing managers index (PMI) on a seasonally … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland unemployment rate

Posted on July 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD rose 0.77% against the CHF and closed at 0.9772. In Switzerland, consumer price index fell 1.1% (YoY) in June, against the market expectation of 1.0% fall. Meanwhile, Swiss Economy Minister, … Continue reading →

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USD/JPY: Yen trading lower amid poor economic data from Japan

Posted on July 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.35% against the JPY and closed at 79.63. In Japan, the leading index rose to a reading of 95.9 in May, from a revised reading of 95.6 in April, … Continue reading →

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GBP/USD: Pound trading steady in the Asian session

Posted on July 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.17% against the USD and closed at 1.5492. In the UK, the output producer price index rose 2.3% (YoY) in June, compared to a 2.9% rise in May. However, … Continue reading →

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EUR/USD: Euro fell on risk aversion, trading flat this morning

Posted on July 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.78% against the USD and closed at 1.2291, as risk aversion grew among investors following weak US jobs data and political disparity among Euro-zone nations. The US Bureau of … Continue reading →

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