Monthly Archives: October 2012

Crude Oil: Trading lower today morning

Posted on October 23, 2012 by GCI Financial

  Crude Oil prices declined 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 89.09, weighed down by persistent global economic health concerns. Oil prices also eased after TransCanada planned to restart its Keystone pipeline yesterday. … Continue reading →

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Silver: White metal declined in the Asian session

Posted on October 23, 2012 by GCI Financial

  Silver prices rose 1.41% to the USD32.33 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.27, 0.18% lower from yesterday’s close. Silver is expected to find support at 32.08, … Continue reading →

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EUR/USD: Euro rose buoyed by Spanish elections, trading lower this morning

Posted on October 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3071, after Spanish regional election results indicated support for the austerity policies of Prime Minister, Mariano Rajoy. On Sunday, the Spanish Prime Minister, … Continue reading →

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Gold: Trading lower this morning, Fed policy meeting eyed

Posted on October 23, 2012 by GCI Financial

  Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1726.22 per ounce, as the dollar weakened after regional election results in Spain rekindled hopes that the nation could request a bailout. … Continue reading →

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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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