Daily Archives: November 1, 2012

Trading signals for Thursday 01-11-2012

Posted on November 1, 2012 by GCI Financial

Forex, Commodities and Index signals for Thursday 01-11-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

EUR/USD: Dollar trading lower this morning following upbeat Chinese factory data

Posted on November 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2965, after Spanish Prime Minister, Mariano Rajoy stated that he would not rule out asking for a bailout from the European Union to meet … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Australian & Chinese PMI improves in October

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0372. LME Copper prices rose 0.8% or $59.3/MT to $7819.0/MT. Aluminium prices declined 0.1% or $1.8/MT to $1882.5/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian GDP contracted in August

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0001. The Canadian Dollar came under pressure after official data showed that the Canadian economy unexpectedly contracted in August. Yesterday, the Statistics … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swissy trading higher this morning ahead of the SVME PMI index data

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9315. In the Asian session, at GMT0400, the pair is trading at 0.9317, with the USD trading marginally higher from yesterday’s close. … Continue reading →

Posted in USD/CHF | Leave a comment

Silver: White metal trading higher this morning

Posted on November 1, 2012 by GCI Financial

  Silver prices rose 1.27% to the USD32.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.38, 0.27% higher from yesterday’s close. Silver is expected to find support at 32.00, … Continue reading →

Posted in Silver | Leave a comment

USD/JPY: Greenback trading higher this morning

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 79.86. On an annual basis, Japanese wage earners’ total cash earnings was unchanged in September, from a downwardly revised 0.0% recorded in … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: CBI raises UK’s economic growth outlook

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD and closed at 1.6132. In the UK, the Gfk consumer confidence index unexpectedly declined to a reading of -30.0 in October, the lowest level in six … Continue reading →

Posted in GBP/USD | Leave a comment

Crude Oil: Crude Oil rose amid supply concerns

Posted on November 1, 2012 by GCI Financial

  Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 86.12, on concerns over near-term oil supplies in the US following a fierce storm that caused havoc across the northeastern part of … Continue reading →

Posted in Crude Oil | Leave a comment

Gold: Gold steady above $1720 per ounce

Posted on November 1, 2012 by GCI Financial

  Gold prices traded higher by 0.52% against the USD in the 24 hour period ending 23:00GMT, at 1720.29 per ounce, as the greenback weakened. Speculation of rising physical demand in Asia pushed up precious metal prices as well. In … Continue reading →

Posted in Gold | Leave a comment