Daily Archives: September 18, 2012

Trading signals for Tuesday 18-09-2012

Posted on September 18, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 18-09-2012 11:00 GMT Continue reading →

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Crude Oil: Trading lower ahead of crude oil inventories report

Posted on September 18, 2012 by GCI Financial

Crude Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 96.98. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. Meanwhile, the Iran’s Nuclear Chief, Fereydoun … Continue reading →

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Silver: Trading below its MA’s

Posted on September 18, 2012 by GCI Financial

Silver prices declined 1.53% to the USD 34.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.16, 0.18% lower from yesterday’s close. Silver is expected to find support at 33.75, … Continue reading →

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Gold: Gold extended its losses in the Asian session

Posted on September 18, 2012 by GCI Financial

Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1760.68 per ounce, after commodity prices plunged overnight and investors booked profit from a recent rally sparked by the Federal Reserve’s aggressive round … Continue reading →

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AUD/USD: RBA keeps room for rate cut if Australian economy deteriorates

Posted on September 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.60% against the USD to close at 1.0475. LME Copper prices declined 1.3% or $107.5/MT to $8292.8/MT. Aluminium prices declined 0.7% or $15.0/MT to $2161.8/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Loonie fell on weak Canadian home sales data, cementing gains this morning

Posted on September 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 0.9747. The Loonie came under pressure after the Canadian Real Estate Association (CREA) reported that home sales in Canada fell 5.8% (MoM) in … Continue reading →

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USD/CHF: Pair trading lower in the Asian session; SECO economic forecasts awaited in Switzerland

Posted on September 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9273. In the Asian session, at GMT0300, the pair is trading at 0.9268, with the USD trading 0.05% lower from yesterday’s close. The … Continue reading →

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USD/JPY: Yen fell on BoJ stimulus speculation, trading higher this morning

Posted on September 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 78.68. The Yen came under pressure amid speculation that the Bank of Japan (BoJ) would expand monetary easing at its meeting tomorrow. Additionally, … Continue reading →

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GBP/USD: Sterling marginally higher ahead of UK CPI and retail sales data

Posted on September 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6241. The greenback came under pressure after the New York Empire State’s business conditions index fell to -10.41 in September, compared to -5.85 in … Continue reading →

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EUR/USD: Euro extended its losses in the Asian session

Posted on September 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3108. Yesterday, the French Finance Minister, Pierre Moscovici, stated that the Spain must decide for itself whether to seek an international bailout, citing this … Continue reading →

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