Daily Archives: December 19, 2012

Trading signals for Wednesday 19-12-2012

Posted on December 19, 2012 by GCI Financial

Forex, Commodities and Index signals for Wednesday 19-12-2012 11:00 GMT Continue reading →

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USD/JPY: Trade deficit widened in Japan; BoJ meeting in focus

Posted on December 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.52% against the JPY and closed at 84.36. The Yen declined against the USD, weighed down by expectations the Bank of Japan (BoJ) would unveil more monetary stimulus after a … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on December 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9132. In Switzerland, the KOF institute forecasts the Swiss economy to grow 1.2% in 2013, as compared to the earlier estimate in … Continue reading →

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GBP/USD: Pound higher in the Asian session; Awaits BoE minutes

Posted on December 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.6250. On the UK economic front, the DCLG house price index rose 1.5% (YoY) in October, slower than the 1.7% gain recorded in September. … Continue reading →

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EUR/USD: Euro gains as investor risk appetite improves

Posted on December 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.51% against the USD and closed at 1.3229, as signs of headway in negotiations on the US fiscal cliff buoyed investor sentiment and amid encouraging US economic data. Meanwhile, S&P’s decision … Continue reading →

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AUD/USD: Westpac leading index tad higher in October

Posted on December 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 1.0518, after the nation’s Reserve Bank cited a softer labor market for cutting interest rates at this month’s meeting. LME Copper prices rose 0.1% … Continue reading →

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USD/CAD: Loonie continues its southward journey

Posted on December 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 0.9862. In the Asian session, at GMT0400, the pair is trading at 0.9866, with the USD trading marginally higher from yesterday’s close. The … Continue reading →

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Silver: White metal continues to trade lower in the Asian session

Posted on December 19, 2012 by GCI Financial

Silver prices declined 1.55% to the USD31.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.64, 0.40% lower from yesterday’s close. Silver is expected to find support at 31.15, and … Continue reading →

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Gold: Gold trading below its MA’s

Posted on December 19, 2012 by GCI Financial

Gold prices traded lower by 1.23% against the USD in the 24 hour period ending 23:00GMT, at 1676.51 per ounce, as demand for the precious metal decreased amid hopes that a resolution for the fiscal cliff is approaching. In the … Continue reading →

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Crude Oil: Crude Oil gives up some gains in the Asian session

Posted on December 19, 2012 by GCI Financial

Crude Oil prices rose 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 88.00, amid optimism that US is making progress towards averting the fiscal cliff. Late yesterday, the American Petroleum Institute reported that crude-oil supplies … Continue reading →

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