Daily Archives: December 10, 2012

Trading signals for Monday 10-12-2012

Posted on December 10, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 10-12-2012 11:00 GMT Continue reading →

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Crude Oil: Oil trading higher on demand prospects

Posted on December 10, 2012 by GCI Financial

Crude Oil prices declined 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 86.01. In the Asian session, at GMT0400, Crude Oil is trading at 86.19, 0.21% higher from Friday’s close, as positive industrial and retail … Continue reading →

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Silver: Silver trading higher in the Asian session

Posted on December 10, 2012 by GCI Financial

Silver prices rose 0.23% to USD 33.07 per ounce during the 24 hours ending 23:00GMT on Friday. In the Asian session, at GMT0400, Silver is trading at 33.18, 0.32% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold trading steady above $1700 per ounce

Posted on December 10, 2012 by GCI Financial

On Friday, Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1704.10 per ounce. In the Asian session, at GMT0400, Gold is trading at 1706.10, 0.12% higher from Friday’s close. Gold is … Continue reading →

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USD/CHF: Swiss Franc extends losses against the US Dollar in the Asian session

Posted on December 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9346 on Friday. In economic news, Swiss foreign currency reserves rose to CHF424.8 billion November, from CHF424.4 billion registered in October. In the Asian … Continue reading →

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USD/CAD: Loonie rose as Canadian employment unexpectedly jumped in November

Posted on December 10, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD declined 0.31% against the CAD to close at 0.9884. The Canadian Dollar advanced after the Canadian economy added 59,000 jobs in November, while the unemployment rate fell to 7.2%, the … Continue reading →

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AUD/USD: Australian Dollar losing ground as Chinese trade data disappoints

Posted on December 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0488. LME Copper prices declined 0.7% or $55.0/MT to $7965.3/MT. Aluminium prices declined 1.5% or $31.5/MT to $2077.8/MT. In the Asian session, at GMT0400, … Continue reading →

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GBP/USD: GBP down on disappointing UK economic data

Posted on December 10, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6038, as a string of disappointing UK economic data provided further evidence of bleak UK economic picture. Data released in the UK … Continue reading →

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EUR/USD: Euro extends its Friday’s losses this morning

Posted on December 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.27% against the USD and closed at 1.2927, as the prospect of a recession in Germany and renewed concerns about Italy weighed on trading sentiment towards the Euro. On … Continue reading →

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USD/JPY: Japan’s GDP shrank more-than-forecast in third quarter

Posted on December 10, 2012 by GCI Financial

On Friday for the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY and closed at 82.49, after report showed that the US economy added more jobs than expected in November. The Labor Department stated that the US … Continue reading →

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