Daily Archives: December 11, 2012

Trading signals for Tuesday 11-12-2012

Posted on December 11, 2012 by GCI Financial

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

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Crude Oil: Oil trading lower this morning, Awaits oil inventory reports

Posted on December 11, 2012 by GCI Financial

Crude oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 86.01, as a stalemate on crucial fiscal talks in the US and fresh troubles in Italy weighed on oil prices. In the Asian … Continue reading →

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Silver: Silver loses momentum in the Asian session

Posted on December 11, 2012 by GCI Financial

Silver prices rose 0.45% to the USD33.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.09, 0.44% lower from yesterday’s close. Silver is expected to find support at 32.91, and … Continue reading →

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Gold: Gold gives up some gains in the Asian session

Posted on December 11, 2012 by GCI Financial

Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1711.63 per ounce, ahead of the Federal Reserve two-day meeting where policy makers are expected to announce more stimulus measures. In the Asian … Continue reading →

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AUD/USD: Aussie down as business confidence weakens in Australia

Posted on December 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded slightly higher against the USD to close at 1.0486. LME Copper prices rose 1.8% or $146.0/MT to $8111.3/MT. Aluminium prices rose 1.1% or $23.5/MT to $2101.3/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading steady ahead of International merchandise trade data in Canada

Posted on December 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 0.9866. The Loonie appreciated as better-than-forecast factory data from China signaled stronger demand for Canada’s raw materials. Meanwhile, on the data front, … Continue reading →

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USD/CHF: USD trading lower this morning ahead of Fed meeting

Posted on December 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9337, after the White House and House of Representatives Speaker, John Boehner’s office held more negotiations on Monday on ways to break the … Continue reading →

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GBP/USD: UK house price balance unexpectedly deteriorates in November

Posted on December 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP advanced 0.23% against the USD and closed at 1.6072. The head of the Bank of England, Mervyn King warned that too many countries were trying to weaken their currencies to offset the … Continue reading →

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USD/JPY: Pair trading between its MA’s

Posted on December 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 82.36, amid caution that the Federal Reserve may take fresh steps on monetary easing tomorrow. Meanwhile in economic news, consumer confidence index in … Continue reading →

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EUR/USD: Euro gaining strength in the Asian session

Posted on December 11, 2012 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.2937, after European investor confidence rose to its highest level in eight months. Sentix investor confidence came in at -16.8 for December, … Continue reading →

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