Daily Archives: July 27, 2012

Trading signals for Friday 27-07-2012

Posted on July 27, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 27-07-2012 11:00 GMT Continue reading →

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USD/CAD: Canadian Dollar higher as risk aversion abated

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CAD to close at 1.0099, as risk aversion among investors eased after ECB President, Mario Draghi vowed that the central bank would do everything in its power to … Continue reading →

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Crude Oil: Oil rose on demand prospects

Posted on July 27, 2012 by GCI Financial

Oil prices advanced 0.45% against the USD for the 24 hour period ending 23:00GMT, closing at 89.29, on speculation that the demand for oil might rise after better-than-expected US durable goods and jobless claims data eased concern over slowing economic … Continue reading →

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Silver: Trading just above its MA’s

Posted on July 27, 2012 by GCI Financial

Silver prices rose 0.48% to USD 27.49 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.55, 0.19% higher from yesterday’s close. Silver is expected to find support at 27.27, and … Continue reading →

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Gold: Gold rallied on weaker greenback

Posted on July 27, 2012 by GCI Financial

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1615.50, 0.09% higher from yesterday’s close. Gold is expected to … Continue reading →

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AUD/USD: Aussie advanced on higher risk appetite

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0397, as risk appetite increased among investors following positive US economic data and bullish comments from ECB President, Mario Draghi. In the US, durable … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of KOF Swiss leading indicator

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.09% against the CHF and closed at 0.9780. In the Asian session, at GMT0300, the pair is trading at 0.9776, with the USD trading marginally lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Greenback drifting lower in the Asian session against the Yen

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.15% against the JPY and closed at 78.25. In the Asian session, at GMT0300, the pair is trading at 78.21, with the USD trading 0.05% lower from yesterday’s close. This morning, … Continue reading →

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GBP/USD: David Cameron pleaded to bring debt under control; Pound trading lower this morning

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 1.28% against the USD and closed at 1.5690, as risk appetite improved on optimism that European policy makers would take measures to contain the region’s debt crisis. In the UK, Prime … Continue reading →

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EUR/USD: Euro rallied on ECB President, Mario Draghi’s comment

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.10% against the USD and closed at 1.2280, after European Central Bank (ECB) President, Mario Draghi, signaled that officials are prepared to do whatever is needed to preserve the Euro and … Continue reading →

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