Daily Archives: September 7, 2012

Trading signals for Friday 07-09-2012

Posted on September 7, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 07-09-2012 11:00 GMT Continue reading →

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Crude Oil: Trading higher after yesterday’s fall

Posted on September 7, 2012 by GCI Financial

Crude Oil prices declined 1.24% against the USD for the 24 hour period ending 23:00GMT, closing at 94.65. Yesterday, the Energy Information Administration (EIA) reported a decline of 7.4 million barrels in crude supplies in the week ended August 31. … Continue reading →

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Silver: Trading lower in the Asian session

Posted on September 7, 2012 by GCI Financial

Silver prices rose 1.26% to USD 32.64 per ounce during the 24 hours ending 23:00GMT, tracking base metal prices In the Asian session, at GMT0300, Silver is trading at 32.00, 1.95% lower from yesterday’s close. Silver is expected to find … Continue reading →

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Gold: Gold gives up some of its yesterday’s gains this morning

Posted on September 7, 2012 by GCI Financial

Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1701.05 per ounce. In the Asian session, at GMT0300, Gold is trading at 1689.38, 0.69% lower from yesterday’s close. Gold is expected to … Continue reading →

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AUD/USD: Australia trade deficit widened in July

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.83% against the USD to close at 1.0278. LME Copper prices rose 0.8% or $64.0/MT to $7670.3/MT. Aluminium prices rose 1.8% or $34.8/MT to $1962.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Lonnie higher ahead of Canadian unemployment rate

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.76% against the CAD to close at 0.9833. The Loonie rose as risk appetite increased among investors, after the European Central Bank (ECB) announced its bond buying plan and following better-than-expected … Continue reading →

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USD/CHF: Swiss unemployment rate expected to rise to 2.8% in August

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.21% against the CHF and closed at 0.9540. In the Asian session, at GMT0300, the pair is trading at 0.9540, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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USD/JPY: Trading flat from yesterday’s close

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.61% against the JPY and closed at 78.90, following positive US employment data. In the US, the number of individuals filing for initial jobless benefits fell to 365,000 for the week … Continue reading →

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GBP/USD: BoE kept interest rate and asset purchase target unchanged

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.5929. Yesterday, the Bank of England (BoE) holds interest rates at 0.50% for the 42nd consecutive month in September, and left the target of … Continue reading →

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EUR/USD: Euro rose as ECB revealed bond buying plan

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.25% against the USD and closed at 1.2628, following the European Central Bank’s (ECB) decision to buy bonds issued by heavily indebted Euro-zone countries in order to ease rising borrowing costs. … Continue reading →

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