Daily Archives: October 26, 2012

Trading signals for Friday 26-10-2012

Posted on October 26, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 26-10-2012 11:00 GMT Continue reading →

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AUD/USD: Aussie gives up some gains in the Asian session

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 1.0352. LME Copper prices declined 0.1% or $8.5/MT to $7851.8/MT. Aluminium prices rose 0.1% or $2.5/MT to $1909.3/MT. In the Asian session, at … Continue reading →

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USD/CHF: Dollar trades lower against Swiss Franc in the Asian session

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9351. In the Asian session, at GMT0300, the pair is trading at 0.9351, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/JPY: Japan CPI declined in September, pair trading lower this morning

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 80.22, as robust US durables data and encouraging employment data dampened expectations for further easing by the Federal Reserve. Additionally, the Yen … Continue reading →

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USD/CAD: US Dollar trading higher this morning

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9949. In the US, initial jobless claims declined to 369,000 in the week ended October 20, compared to the previous week’s revised … Continue reading →

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EUR/USD: Dollar rose as Fitch maintained its ‘AAA’ credit ranking on the US

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.2939. Earlier, the greenback had come under pressure, following rumours that the Fitch Ratings agency was set to downgrade the US. However, Fitch … Continue reading →

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GBP/USD: Pound gained as robust UK GDP data lifted investor sentiment

Posted on October 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.55% against the USD and closed at 1.6118, as the UK’s positive GDP data reduced speculation of additional easing by the Bank of England. On the economic front, UK’s gross … Continue reading →

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Gold: Gold steady above $1700/oz on demand prospects

Posted on October 26, 2012 by GCI Financial

  Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1713.90 per ounce, bolstered by stronger demand from India and amid encouraging UK economic growth data. Expectations that the Bank of Japan … Continue reading →

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Silver: White metal reverses its previous session gains this morning

Posted on October 26, 2012 by GCI Financial

  Silver prices rose 0.96% to the USD32.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.95, 0.68% lower from yesterday’s close. Silver is expected to find support at 31.78, … Continue reading →

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Crude Oil: Crude Oil rose amid signs of growth in the US economy, trading lower this morning

Posted on October 26, 2012 by GCI Financial

  Crude Oil prices advanced 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 86.18, following signs that the US economic growth is accelerating and amid speculation that the Bank of Japan would increase stimulus. Additionally, … Continue reading →

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