Daily Archives: July 13, 2012

Trading signals for Friday 13-07-2012

Posted on July 13, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 13-07-2012 11:00 GMT Continue reading →

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Crude Oil: Crude oil trading higher in the Asian session

Posted on July 13, 2012 by GCI Financial

Oil prices declined 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 85.88, after the International Energy Agency (IEA) stated that global economic slowdown could pressurize oil prices. Additionally, the agency kept its estimate of global … Continue reading →

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Silver: Cementing gains this morning

Posted on July 13, 2012 by GCI Financial

Silver prices declined 0.15% to USD 27.13 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.19, 0.21% higher from yesterday’s close. Silver is expected to find support at 26.66, and … Continue reading →

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Gold: Gold trading higher after yesterday’s fall

Posted on July 13, 2012 by GCI Financial

Gold prices traded lower by 0.58% against the USD in the 24 hour period ending 23:00GMT, at 1568.78 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1570.9, 0.14% higher from yesterday’s close. … Continue reading →

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AUD/USD: Aussie fell on Australian employment report, gaining strength this morning

Posted on July 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.98% against the USD to close at 1.0144, after official data showed that Australia’s economy shed 27,000 jobs in June, disappointing expectations for a 200 increase and following a 27,800 rise … Continue reading →

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USD/CAD: Loonie climbed after Canadian new home prices rose in April, trading flat this morning

Posted on July 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.05% against the CAD to close at 1.0189. The Canadian Dollar advanced after new housing price index in Canada rose 0.3% (MoM) in May, following a 0.2%increase in April. In the … Continue reading →

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USD/CHF: Pair trading higher ahead of Swiss producer and import prices

Posted on July 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CHF and closed at 0.9837. In the US, initial claims for state unemployment benefits dropped by 26,000 to a seasonally adjusted 350,000 for the week ended July 7, … Continue reading →

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USD/JPY: Yen rose as BoJ refrained from interest rate cut, trading flat this morning

Posted on July 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.40% against the JPY and closed at 79.32. The Yen rose after Bank of Japan (BoJ) kept rates between zero and 0.1%, and offered up no major policy moves. Simultaneously, the … Continue reading →

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GBP/USD: Pound steady in the Asian session

Posted on July 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.5431. The Office for Budget Responsibility on Thursday stated that the UK fiscal position is unsustainable if the government absorbs national income simply to … Continue reading →

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EUR/USD: EURUSD drops to fresh 2-year low; Moody’s downgraded Italy’s government bond

Posted on July 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.2208, amid risk aversion among investors after European Central Bank (ECB) stated that the economic outlook remain weak in the Euro-zone. Adding to the … Continue reading →

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