Daily Archives: July 10, 2012

Trading signals for Tuesday 10-07-2012

Posted on July 10, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 10-07-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Crude oil trading lower as Norway ends strike, China curbs imports

Posted on July 10, 2012 by GCI Financial

Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 85.24. In the Asian session, at GMT0300, crude oil is trading at 84.76, 0.56% lower from yesterday’s close, as weak Chinese import data stoked … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading below its MA’s

Posted on July 10, 2012 by GCI Financial

Silver prices rose 1.32% to USD 27.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.27, 0.31% lower from yesterday’s close. Silver is expected to find support at 27.07, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold gives up yesterday’s gains

Posted on July 10, 2012 by GCI Financial

Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1587.65 per ounce. In the Asian session, at GMT0300, Gold is trading at 1585.48, 0.14% lower from yesterday’s close. Gold is expected to … Continue reading →

Posted in Gold | Leave a comment

AUD/USD: Aussie down as Australia business confidence weakens

Posted on July 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.04% against the USD to close at 1.0209. LME Copper prices declined 1.0% or $77.3/MT to $7520.3/ MT. Aluminium prices declined 0.6% or $11.3/MT to $1876.3/ MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian Dollar trading lower this morning

Posted on July 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 1.0197. Yesterday, the Bank of Canada’s quarterly Senior Loan Officer Survey indicated that the overall business-lending conditions in Canada eased to a reading of … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss unemployment rate stable in June; Swiss Franc trading lower this morning

Posted on July 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF and closed at 0.9748. On the data front, State Secretariat for Economic Affairs (SECO) reported that, on seasonally adjusted basis, Swiss unemployment rate remained stable at 2.9% … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen continues to strengthen

Posted on July 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.10% against the JPY and closed at 79.57. In Japan, the Eco Watchers’ survey current conditions index declined to 43.8 in June, from 47.2 in May. Meanwhile, the outlook index fell … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Pound trading lower following disappointing economic data in the UK

Posted on July 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.28% against the USD and closed at 1.5528. In the Asian session, at GMT0300, the pair is trading at 1.5505, with the GBP trading 0.15% lower from yesterday’s close, after RICS … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro slips, Euro-zone meeting offers no positive surprises

Posted on July 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.35% against the USD and closed at 1.2321, amid optimism that Euro-zone finance ministers meeting to discuss “breakthrough” measures for ailing Spanish bank would calm regions debt crises. The Euro received … Continue reading →

Posted in EUR/USD | Leave a comment