Daily Archives: October 17, 2012

Trading signals for Wednesday 17-10-2012

Posted on October 17, 2012 by GCI Financial

Forex, Commodities and Index signals for Wednesday 17-10-2012 11:00 GMT Continue reading →

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USD/CAD: Pair trading higher this morning

Posted on October 17, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 0.9859. In Canada, manufacturing sales rose 1.5% (MoM) in August, compared to a contraction of 0.8% in July. In the Asian session, … Continue reading →

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AUD/USD: Australian Dollar boosted by domestic data

Posted on October 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.41% against the USD to close at 1.0306. LME Copper prices rose 0.1% or $11.5/MT to $8141.0/MT. Aluminium prices declined 1.0% or $19.3/MT to $1930.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Pair trading higher this morning

Posted on October 17, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.97% against the CHF and closed at 0.9230. In the US, capacity utilization rose to 78.3% in September, from a revised 78.0% in August. In the Asian session, at … Continue reading →

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USD/JPY: Greenback rose amid robust US economic data, trading lower this morning

Posted on October 17, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 78.86, as industrial production in the US increased more-than-expected and homebuilder confidence matched market expectations. In the US, industrial production increased 0.4% … Continue reading →

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GBP/USD: UK annual inflation slows to near three-year low

Posted on October 17, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.6127. The Pound came under pressure earlier, after the UK data showed a slowdown in consumer inflation in September, raising speculation that the … Continue reading →

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EUR/USD: EURUSD above the 1.3000 level amid hopes of a Spanish bailout

Posted on October 17, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 1.07% against the USD and closed at 1.3106, amid reports that the Spanish government is drawing closer to an official bailout request. Meanwhile, Michael Meister, a deputy caucus leader of … Continue reading →

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Crude Oil: Crude Oil gained amid optimism for a Spanish bailout, trading lower this morning

Posted on October 17, 2012 by GCI Financial

  Crude Oil prices advanced 0.84% against the USD for the 24 hour period ending 23:00GMT, closing at 92.48, as investors continued to hope that Spain would formally request a bailout in the coming weeks and activate a bond buying … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 17, 2012 by GCI Financial

  Silver prices rose 1.24% to the USD33.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.07, 0.10% lower from yesterday’s close. Silver is expected to find support at 32.81, … Continue reading →

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Gold: Gold rose amid a weak dollar

Posted on October 17, 2012 by GCI Financial

  Gold prices traded higher by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1750.65 per ounce, as the dollar weakened. In the Asian session, at GMT0300, Gold is trading at 1751.58, 0.13% higher from yesterday’s … Continue reading →

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