Monthly Archives: November 2012

GBP/USD: UK industrial orders rose less-than-expected in November, indicates CBI

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5937, after data from the industrial trends survey by the Confederation of British Industry (CBI) showed that UK’s manufacturing orders rose less-than-expected in … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro banks on upbeat PMI data in China & Europe and amid successful Spanish bond auction

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.2874, following strong manufacturing PMI data in China, the Euro-zone, Germany and France. A successful bond auction in Spain also bolstered gains … Continue reading →

Posted in EUR/USD | Leave a comment

Silver: White metal continues to decline this morning

Posted on November 23, 2012 by GCI Financial

  Silver prices declined 0.16% to the USD33.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.32, marginally lower from yesterday’s close. Silver is expected to find support at 33.23, … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Crude Oil eased amid the ceasefire between Israel and Palestinian militants, trading higher this morning

Posted on November 23, 2012 by GCI Financial

  Crude Oil prices declined 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 86.81, after a ceasefire ended a week of cross-border violence between Israel and Palestinian militants, easing supply concerns. In the Asian session, … Continue reading →

Posted in Crude Oil | Leave a comment

Gold: Trading tad lower this morning

Posted on November 23, 2012 by GCI Financial

  Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1730.15 per ounce. In the Asian session, at GMT0400, Gold is trading at 1729.40, marginally lower from yesterday’s close. Gold is expected to … Continue reading →

Posted in Gold | Leave a comment

Trading signals for Thursday 22-11-2012

Posted on November 22, 2012 by GCI Financial

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

Posted in Trading Signals | Leave a comment

AUD/USD: Aussie trading lower in the Asian session

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0382. LME Copper prices declined 0.3% or $26.0/MT to $7704.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1927.8/MT. In the Asian session, at GMT0400, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canada Teranet/National Bank composite House Price Index fell in October

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9960. On the economic front, the Teranet-National Bank National composite house price index in Canada declined 0.2% (MoM) in October, compared to a … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss M3 money supply growth slowed in October

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CHF and closed at 0.9365. Yesterday, the Swiss National Bank Governing Board member, Fritz Zurbruegg, stated that the Franc ceiling is an extreme measure that carries “considerable” … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen trading lower this morning

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 1.02% against the JPY and closed at 82.58. The Yen came under pressure after the main opposition Liberal Democratic Party, tipped to win in a parliamentary election next month and … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Policymakers split 8-1 on QE, indicates BoE minutes, trading lower this morning

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.28% against the USD and closed at 1.5968, as investors gauged that the Bank of England’s minutes were not as dovish as some had feared. In its minutes for the meeting … Continue reading →

Posted in GBP/USD | Leave a comment