Monthly Archives: December 2012

AUD/USD: Aussie trading lower on US cliff fears

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0365, as traders backed away from riskier assets amid persistent concerns over the US fiscal cliff. LME Copper prices declined 0.7% or $57.0/MT … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian Dollar trading higher this morning

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 0.9939. In the Asian session, at GMT0400, the pair is trading at 0.9926, with the USD trading 0.13% lower from yesterday’s close. … Continue reading →

Posted in USD/CAD | Leave a comment

USD/JPY: Dollar rises against the Yen

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.78% against the JPY and closed at 85.69, as the Japanese Prime Minister, Shinzo Abe, promised that his new government would take bold steps to ensure that the yen … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Trading marginally higher this morning

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6125, in subdued trade, as concerns that the US officials would not manage to conclude a deal in order to avoid a fiscal … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro continues its upward momentum

Posted on December 27, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.3228. However, investors remained focused on developments surrounding the fiscal cliff in the US, approximately $600 billion in automatic tax hikes and spending … Continue reading →

Posted in EUR/USD | Leave a comment

Crude Oil: Trading slightly higher this morning

Posted on December 27, 2012 by GCI Financial

  Crude Oil prices advanced 2.00% against the USD for the 24 hour period ending 23:00GMT, closing at 90.89, after data showed that the US house prices rose more-than-expected in October. Additionally, cold weather and technical buying added to the … Continue reading →

Posted in Crude Oil | Leave a comment

Gold: Trading higher this morning

Posted on December 27, 2012 by GCI Financial

  Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1655.87 per ounce. In the Asian session, at GMT0400, Gold is trading at 1658.05, 0.13% higher from yesterday’s close. Gold is expected … Continue reading →

Posted in Gold | Leave a comment

Silver: White metal showing convergence with its MA’s

Posted on December 27, 2012 by GCI Financial

  Silver prices rose 0.52% to the USD30.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.03, marginally lower from yesterday’s close. Silver is expected to find support at 29.82, … Continue reading →

Posted in Silver | Leave a comment

Trading signals for Wednesday 26-12-2012

Posted on December 26, 2012 by GCI Financial

Forex, Commodities and Index signals for Wednesday 26-12-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

Trading signals for Monday 24-12-2012

Posted on December 24, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 24-12-2012 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

GBP/USD: UK House prices declines in December, indicates Hometrack

Posted on December 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.61% against the USD and closed at 1.6172, as investors sought safety in the greenback amid fears that political differences may hold up fiscal reforms in the US, … Continue reading →

Posted in GBP/USD | Leave a comment