Daily Archives: October 22, 2012

Trading signals for Monday 22-10-2012

Posted on October 22, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 22-10-2012 11:00 GMT Continue reading →

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USD/CAD: Canadian Dollar fell on weaker-than-expected nation’s consumer inflation data

Posted on October 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.89% against the CAD to close at 0.9936. The Canadian Dollar weakened after Statistics Canada indicated that consumer price inflation rose by 0.2% in September, below expectations for … Continue reading →

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AUD/USD: Australia cuts economic growth forecast

Posted on October 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.39% against the USD to close at 1.0333. LME Copper prices declined 1.1% or $89.0/MT to $8120.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $1976.3/MT. In the Asian … Continue reading →

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USD/JPY: Japanese trade deficit narrows in September, trading lower this morning

Posted on October 22, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD weakened marginally against the JPY and closed at 79.32, as existing home sales in the US declined in September. On the economic front, Japan’s leading index climbed to … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on October 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.40% against the CHF and closed at 0.9283. In the Asian session, at GMT0300, the pair is trading at 0.9274, with the USD trading 0.10% lower from Friday’s … Continue reading →

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GBP/USD: UK public sector net borrowing declined unexpectedly in September

Posted on October 22, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.31% against the USD and closed at 1.6005. On Friday, public sector net borrowing, excluding the temporary effects of financial interventions, in the UK fell by £0.7 billion … Continue reading →

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EUR/USD: Euro traded lower amid persistent worries over Spain’s debt issue, trading higher this morning

Posted on October 22, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.34% against the USD and closed at 1.3025, as risk appetite waned amid tepid US economic data and as concerns over the handling of Spain’s debt troubles continued … Continue reading →

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Crude Oil: Crude Oil fell on weak US housing data, trading higher this morning

Posted on October 22, 2012 by GCI Financial

  On Friday, Crude Oil prices declined 2.1% against the USD for the 24 hour period ending 23:00GMT, closing at 90.14, as investors avoided the commodity after industry data revealed that existing homes sales declined in the US last month. … Continue reading →

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Silver: White metal reversed previous session losses, trading higher this morning

Posted on October 22, 2012 by GCI Financial

  On Friday, Silver prices declined 2.3% to the USD32.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.20, 0.41% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Trading higher in the Asian session

Posted on October 22, 2012 by GCI Financial

  On Friday Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1721.72 per ounce, as a combination of ongoing fears over the Euro-zone’s debt crisis and mounting concerns over the outlook … Continue reading →

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