Daily Archives: July 17, 2012

Trading signals for Tuesday 17-07-2012

Posted on July 17, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 17-07-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Crude oil trading higher ahead of oil inventory reports

Posted on July 17, 2012 by GCI Financial

Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 88.09, amid hopes that demand for oil would rise following speculation that Federal Reserve Chairman, Ben Bernanke, could signal more stimulus this week to … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal gaining strength this morning

Posted on July 17, 2012 by GCI Financial

Silver prices declined 0.41% to USD27.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.46, 0.53% higher from yesterday’s close. Silver is expected to find support at 27.08, and a … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold trading higher ahead of Ben Bernanke testimony

Posted on July 17, 2012 by GCI Financial

Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1589.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1593.73, 0.24% higher from yesterday’s close, ahead of Federal Reserve … Continue reading →

Posted in Gold | Leave a comment

AUD/USD: Aussie continues its bullish trend this morning

Posted on July 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.03% against the USD to close at 1.0242. LME Copper prices declined 0.7% or $53.5/MT to $7635.5/ MT. Aluminium prices rose marginally or $0.3/MT to $1861.5/ MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: BoC rate decision awaited

Posted on July 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.10% against the CAD to close at 1.0151. In Canada, existing home sales fell 1.3% (MoM) in June, making it the second monthly decline. In the Asian session, at GMT0300, the … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Trading below is MA’s

Posted on July 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.15% against the CHF and closed at 0.9789. In economic news, industrial production in Switzerland rose 1.4% (YoY) in Q1 FY2012, following a revised 3.6% rise in the previous quarter. In … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen trading lower against the USD in the Asian session

Posted on July 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.44% against the JPY and closed at 78.82, as weak US retail sales for June boosted hopes of further policy easing in the US. In the Asian session, at GMT0300, the … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Pound trading higher ahead of series of economic releases in the UK

Posted on July 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.5628, on broad US dollar weakness. The International Monetary Fund (IMF) in its quarterly economic report, released yesterday, downgraded the UK’s growth forecast from … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro trading higher on weak US retail sales

Posted on July 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.2268. The US Dollar came under pressure amid growing speculation of monetary easing after retail sales in the US fell 0.5% (MoM) in June. … Continue reading →

Posted in EUR/USD | Leave a comment