Follow GCI News
-
Recent Posts
- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
Post News
Monthly Archives: September 2012
USD/CAD: BoC holds interest rate steady at 1.0%
For the 24 hours to 23:00 GMT, USD rose 0.43% against the CAD to close at 0.9908. Yesterday, the Bank of Canada (BoC) kept its overnight rate unchanged at 1.00% in September, in line with market expectations. The bank stated … Continue reading
Posted in USD/CAD
Leave a comment
USD/CHF: Trading flat from yesterday’s close
For the 24 hours to 23:00 GMT, USD declined marginally against the CHF and closed at 0.9560. The Swiss Franc fell after the Swiss National Bank (SNB) Vice Chairman, Jean-Pierre Danthine, stated that the Swiss Franc is still over-valued. Additionally, … Continue reading
Posted in USD/CHF
Leave a comment
USD/JPY: Pair trading marginally lower in the Asian session
For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 78.42. Yesterday, the Bank of Japan (BoJ) board member, Ryuzo Miyao, stated that the risk to Japan from a prolonged global slowdown is rising. … Continue reading
Posted in USD/JPY
Leave a comment
GBP/USD: BoE expected to keep interest rate and asset purchase target unchanged
For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.5903. In the UK, net foreign currency reserves increased to $47.03 billion at the end of August, from $46.29 billion in the previous month, … Continue reading
Posted in GBP/USD
Leave a comment
EUR/USD: Euro continues its rally this morning ahead of Mario Draghi’s bond rescue plan
For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.2596, amid hopes that the European Central Bank (ECB) would announce fresh measures to battle the Euro-zone debt crisis. Yesterday, the Italian Prime Minister, … Continue reading
Posted in EUR/USD
Leave a comment
Trading signals for Wednesday 05-09-2012
Forex, Commodities and Index signals for Wednesday 05-09-2012 11:00 GMT Continue reading
Posted in Trading Signals
Leave a comment
GBP/USD: Pound fell after the UK construction activity contracted in August
For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.5869, after the construction purchasing managers index (PMI) in the UK, on a seasonally adjusted basis, fell to a reading of 49.0 in August, … Continue reading
Posted in GBP/USD
Leave a comment
Crude Oil: Lower ahead of US crude oil inventories report
Oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 95.51, amid demand concern following weak manufacturing and construction data from the US. Investors await the oil inventory reports later today and tomorrow to … Continue reading
Posted in Crude Oil
Leave a comment
Silver: Trading lower in the Asian session
Silver prices rose 0.78% to USD 32.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.18, 0.38% lower from yesterday’s close. Silver is expected to find support at 31.94, and … Continue reading
Posted in Silver
Leave a comment
Gold: Yellow metal losing shine this morning
Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1695.40 per ounce, on growing speculation that the US Federal Reserve might launch bond buying programme later this month. In the Asian session, … Continue reading
Posted in Gold
Leave a comment
AUD/USD: Australian economy grew 0.6% (QoQ) in Q2
For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0213. Yesterday, the Reserve Bank of Australia kept its key interest rate unchanged at 3.50%, in line with market expectations. LME Copper prices declined … Continue reading
Posted in AUD/USD
Leave a comment