Daily Archives: October 9, 2012

Trading signals for Tuesday 09-10-2012

Posted on October 9, 2012 by GCI Financial

Forex, Commodities and Index signals for Tuesday 09-10-2012 11:00 GMT Continue reading →

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USD/CAD: Greenback softens, markets eye European talks

Posted on October 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9763. The greenback rose earlier amid a risk-off session sparked by World Bank and International Monetary Fund cuts to growth forecasts, though profit-taking … Continue reading →

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AUD/USD: IMF downgrades Australia’s growth outlook

Posted on October 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 1.0214. LME Copper prices declined 2.0% or $165.3/MT to $8132.8/MT. Aluminium prices declined 2.0% or $41.0/MT to $2046.3/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Swiss September consumer prices fell less-than-expected, unemployment rate remained stable

Posted on October 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9328. On the economic front, Switzerland’s seasonally adjusted unemployment rate stood stable at 2.9% in September, against the expectations for a rise to … Continue reading →

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USD/JPY: Yen trading lower this morning

Posted on October 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.52% against the JPY and closed at 78.30. In the Asian session, at GMT0300, the pair is trading at 78.40, with the USD trading 0.13% higher from yesterday’s close. Today … Continue reading →

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GBP/USD: UK house prices improves in September: RICS

Posted on October 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.66% against the USD and closed at 1.6030, as concerns over the handling of the Euro-zone’s sovereign debt crisis weighed on demand for riskier currencies. Meanwhile, the UK Chancellor of … Continue reading →

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EUR/USD: Euro fell on sustained Euro-zone worries, trading higher this morning

Posted on October 9, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.2973, as the International Monetary Fund lowered its growth forecast for the currency bloc and as the European leaders continue to struggle to … Continue reading →

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Crude Oil: Oil rises on Syria-Turkey tensions

Posted on October 9, 2012 by GCI Financial

Crude Oil prices advanced 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 89.93, as rising supply concerns due to escalating tensions in the Middle East added to sluggish outlook for global oil demand. Turkish President, … Continue reading →

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Silver: Trading higher this morning

Posted on October 9, 2012 by GCI Financial

  Silver prices declined 1.17% to the USD34.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.21, 0.37% higher from yesterday’s close. Silver is expected to find support at 33.93, … Continue reading →

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Gold: Yellow metal inches up on bargain hunting

Posted on October 9, 2012 by GCI Financial

  Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1777.28 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1779.84, 0.19% higher from yesterday’s … Continue reading →

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