Daily Archives: September 4, 2012

Trading signals for Tuesday 04-09-2012

Posted on September 4, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 04-09-2012 11:00 GMT Continue reading →

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Crude Oil: Continues its rally this morning on stimulus hopes

Posted on September 4, 2012 by GCI Financial

Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 96.84, on persistent hopes for stimulus measures from central banks in the US and Europe, with key policy meetings this week and next.. In … Continue reading →

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Silver: Trading above its MA’s

Posted on September 4, 2012 by GCI Financial

Silver prices rose 1.24% to USD 32.06 per ounce during the 24 hours ending 23:00GMT, tracking base metal prices. In the Asian session, at GMT0300, Silver is trading at 32.24, 0.56% higher from yesterday’s close. Silver is expected to find … Continue reading →

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Gold: Yellow metal continues its shine in the Asian session

Posted on September 4, 2012 by GCI Financial

Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1691.70 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1696.00, 0.25% higher from yesterday’s close. … Continue reading →

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AUD/USD: Trading flat ahead of RBA rate decision

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0241, following weak Australian retail sales data and after China’s manufacturing sector slumped to a nine-month low in August. LME Copper prices rose 1.0% … Continue reading →

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USD/CAD: Loonie marginally higher in the Asian session

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9862. In the Asian session, at GMT0300, the pair is trading at 0.9857, with the USD trading 0.05% lower from yesterday’s close. The pair … Continue reading →

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USD/CHF: SNB Chairman, Thomas Jordan reiterated his commitment to defend the Euro-Franc ceiling

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.9544. Yesterday, Swiss National Bank Chairman, Thomas Jordan, stated that the bank would continue to do everything in its power to enforce cap on … Continue reading →

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USD/JPY: Greenback trading higher this morning

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 78.31. In the Asian session, at GMT0300, the pair is trading at 78.37, with the USD trading 0.08% higher from yesterday’s close. This morning, … Continue reading →

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GBP/USD: Improved UK manufacturing data pushed Sterling higher

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.5880, following better-than-expected UK manufacturing data. In the UK, Markit manufacturing purchasing managers’ index rose to a reading of 49.5 in August, moving much … Continue reading →

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EUR/USD: Euro continues its northward journey amid ECB bond purchase optimism

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.2583, amid growing expectations that the European Central Bank (ECB) is working on measures to help stabilize the Euro-zone’s sovereign debt markets ahead of … Continue reading →

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