Daily Archives: October 19, 2012

Trading signals for Friday 19-10-2012

Posted on October 19, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 19-10-2012 11:00 GMT Continue reading →

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AUD/USD: Pair drifting lower in the Asian session

Posted on October 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0374. LME Copper prices rose 1.2% or $97.3/MT to $8209.5/MT. Aluminium prices rose 2.0% or $39.0/MT to $1971.3/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in September

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9247. Switzerland’s trade surplus widened to CHF2.0 billion in September, from a revised CHF1.6 billion surplus in August. Meanwhile, exports increased to … Continue reading →

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USD/JPY: Yen fell amid BoJ easing speculation, trading higher this morning

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 79.32. The Yen came under pressure amid increased speculation that the Bank of Japan (BoJ) would ease monetary policy further at its … Continue reading →

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GBP/USD: Trading tad higher in the Asian session

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.6056. The Pound had risen earlier after the UK’s seasonally adjusted retail sales increased 0.6% (MoM) in September, against the expectations for a … Continue reading →

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EUR/USD: Euro trading higher this morning, EU summit in focus

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.33% against the USD and closed at 1.3069. During the European session, the Euro received some support after Spain’s yield on 10-year government bonds fell to the lowest level since … Continue reading →

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Crude Oil: Crude Oil rose on supply concerns, trading lower this morning

Posted on October 19, 2012 by GCI Financial

  Crude Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 92.07, amid news that TransCanada Corp. shut its Keystone pipeline for repairs, disrupting crude supplies to the US Midwest. Additionally, Oil prices … Continue reading →

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Silver: White metal continues its downward slide

Posted on October 19, 2012 by GCI Financial

  Silver prices declined 0.88% to the USD32.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.73, 0.33% lower from yesterday’s close. Silver is expected to find support at 32.51, … Continue reading →

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USD/CAD: Loonie slipped on Flaherty’s outlook, trading higher this morning ahead of Canada’s CPI data

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 0.9849. The Canadian Dollar weakened, as risk aversion increased following a weak data on the US labor sector, and after potential downgrade … Continue reading →

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Gold: Strong Dollar weighs on yellow metal

Posted on October 19, 2012 by GCI Financial

  Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1742.15 per ounce, amid concerns over Europe’s debt problems and as the greenback strengthened. In the Asian session, at GMT0300, Gold is … Continue reading →

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