Daily Archives: October 8, 2012

Trading signals for Monday 08-10-2012

Posted on October 8, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 08-10-2012 11:00 GMT Continue reading →

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USD/JPY: Greenback trading lower against Yen after Friday’s rise

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.15% against the JPY and closed at 78.64, after the reports showed an unexpected drop in the unemployment rate to 7.8% from 8.1% in the preceding month, … Continue reading →

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AUD/USD: Aussie losing ground this morning

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.72% against the USD to close at 1.0166. LME Copper prices declined 0.3% or $26.5/MT to $8298.0/MT. Aluminium prices declined marginally or $0.3/MT to $2087.3/MT. In the … Continue reading →

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USD/CAD: Loonie rose on Canadian jobs report

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.25% against the CAD to close at 0.9787. The Canadian Dollar rose after reports showed that the Canadian economy added significantly more jobs than forecast in September. … Continue reading →

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USD/CHF: Pair trading higher ahead of Swiss unemployment & CPI data

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.14% against the CHF and closed at 0.9298. On Friday, the KOF Economic Institute in Switzerland forecasted that the Swiss economy would grow by 0.9% in 2012, … Continue reading →

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GBP/USD: GBP trading lower in the Asian session

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.33% against the USD and closed at 1.6130. Over the weekend, the UK Prime Minister, David Cameron stated that the economy is rebalancing toward the private sector as … Continue reading →

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EUR/USD: EURUSD trading below the 1.3000 mark

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.11% against the USD and closed at 1.3027, after strong US jobs data in September fuelled demand for higher-yielding currencies. The US Labor Department indicated that initial jobless … Continue reading →

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Crude Oil: Oil prices continues to fall as US job growth fails to impress

Posted on October 8, 2012 by GCI Financial

  On Friday, Crude Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 89.89, as signs of a jobs recovery in the US did not impress the oil traders. In the Asian session, … Continue reading →

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Silver: Silver continues its downward trend this morning

Posted on October 8, 2012 by GCI Financial

  On Friday, Silver prices declined 1.21% to the USD34.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.01, 1.64% lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold down on profit booking

Posted on October 8, 2012 by GCI Financial

  On Friday Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1781.10 per ounce, as profit booking prevailed among investors. In the Asian session, at GMT0300, Gold is trading at 1771.51, … Continue reading →

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