Daily Archives: August 28, 2012

Trading signals for Tuesday 28-08-2012

Posted on August 28, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 28-08-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

EUR/USD: EUR trading below 1.2500 level this morning

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2503, after reports showed that the German business confidence in July deteriorated to the lowest level since June 2010. The European Central Bank (ECB) … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Sterling extended its losses in the Asian session

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.5792. In the UK, the Hometrack house price index fell 0.1% (MoM) in August, in line with the market expectations. Meanwhile, the US Dallas … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Japan cuts its economy’s assessment for the first time in 10 months

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded steady against the JPY and closed at 78.75. The Chicago Federal Reserve President, Charles Evans stated that the Fed should immediately launch a fresh round of monetary stimulus and buy bonds … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc down ahead of UBS consumption indicator data in Switzerland

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CHF and closed at 0.9606. The Swiss National Bank (SNB) stated that it would refrain for now from asking banks to build up more capital to protect them … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Canadian Dollar losing steam against the USD this morning

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD to close at 0.9903, ahead of the US Federal Reserve Chairman, Ben Bernanke speech at a central bankers’ gathering in Jackson Hole, Wyoming, on Friday amid expectations … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie slips as Australian new home sales retreat in July

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.50% against the USD to close at 1.0363, after a report showed that profits for industrial companies in China, Australia’s biggest trading partner, fell 5.4% in July from a year earlier. … Continue reading →

Posted in AUD/USD | Leave a comment

Gold: trading below its short term moving averages

Posted on August 28, 2012 by GCI Financial

Gold prices traded lower by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1665.75 per ounce, amid profit booking after an early rally on speculation that the US Federal Reserve may unveil another round of monetary … Continue reading →

Posted in Gold | Leave a comment

Silver: Silver drifting lower this morning

Posted on August 28, 2012 by GCI Financial

Silver prices declined 0.39% to USD 30.79 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.53, 0.84% lower from yesterday’s close. Silver is expected to find support at 30.29, and … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Crude oil continues its downfall in the Asian session

Posted on August 28, 2012 by GCI Financial

Oil prices declined 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 95.65, on speculation that the Tropical Storm Isaac’s impact on output in the Gulf of Mexico would be limited. Meanwhile, investors focus on the … Continue reading →

Posted in Crude Oil | Leave a comment