Daily Archives: September 28, 2012

Trading signals for Friday 28-09-2012

Posted on September 28, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 28-09-2012 11:00 GMT Continue reading →

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Crude Oil: Oil prices rose amid supply concerns

Posted on September 28, 2012 by GCI Financial

Crude Oil prices advanced 2.17% against the USD for the 24 hour period ending 23:00GMT, closing at 92.26, as mounting tensions between Iran and the West rekindled worries over supply disruptions. Yesterday, the Israeli Prime Minister, Benjamin Netanyahu, stated that … Continue reading →

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Silver: Trading higher in the Asian session

Posted on September 28, 2012 by GCI Financial

Silver prices rose 1.93% to the USD 34.65 per ounce during the 24 hours ending 23:00GMT, tracking base metal prices. In the Asian session, at GMT0300, Silver is trading at 34.72, 0.22% higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal trading just below $1780 per ounce

Posted on September 28, 2012 by GCI Financial

Gold prices traded higher by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1777.07 per ounce, as the greenback weakened following the release of a series of broadly weaker-than-expected US data. In the Asian session, at … Continue reading →

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AUD/USD: Trading higher in the Asian session

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.75% against the USD to close at 1.0449. In the US, initial claims for unemployment fell by down 26,000 to 359,000 for the week ended September 22, making it the lowest … Continue reading →

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USD/CAD: Loonie higher ahead of Canadian GDP data

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 0.9809, as risk appetite received a boost after Spain’s cabinet approved its budget and stated that it would ease the nation’s debt crisis. … Continue reading →

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USD/CHF: Dollar continues its fall against Swiss Franc in the Asian session

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9377, after data showed that the US economy expanded 1.3% in the second quarter of 2012, down from a preliminary estimate of 1.7%. … Continue reading →

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USD/JPY: Yen marginally higher against the USD in the Asian session

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.08% against the JPY and closed at 77.63. In the Asian session, at GMT0300, the pair is trading at 77.54, with the USD trading 0.12% lower from yesterday’s close. This … Continue reading →

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GBP/USD: UK GDP contracted less-than-expected in the Q2 of 2012; Pound continues its rally this morning

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.36% against the USD and closed at 1.6232, after data showed that the UK economy contracted less-than-expected in the 2nd quarter of 2012. In the UK, Gross Domestic Product (GDP) contracted … Continue reading →

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EUR/USD: Euro continues its gains as Spain announced economic reforms and a tough 2013 budget

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.2911, after Spain announced economic reforms and a tough 2013 budget based primarily on spending cuts. Speaking at a press conference, the Spain’s … Continue reading →

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