Daily Archives: June 6, 2013

Trading signals for Thursday 06-06-2013

Posted on June 6, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 06-06-2013 11:00 GMT Continue reading →

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EUR/USD: Euro trading tad higher ahead of the ECB interest rate decision

Posted on June 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.11% against the USD and closed at 1.3087, after the US Automatic Data Processing, Inc’s private sector employment increased by 135.0K in May, much lower than the expected increase by 165.0K … Continue reading →

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USD/CHF: Swissy moving higher this morning, Swiss CPI data awaited

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CHF and closed at 0.9424. In the Asian session, at GMT0300, the pair is trading at 0.9420, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Canada’s building permits rose surprisingly in April

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0346. The Canadian Dollar received support after the Canadian building permits data surprised the market by jumping 10.5% in April, its fourth … Continue reading →

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AUD/USD: Australia’s trade surplus narrowed in April

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.36% against the USD to close at 0.9508. LME Copper prices rose 1.1% or $84.0/MT to $7421.5/MT. Aluminium prices rose 1.9% or $36.5/MT to $1939.0/MT. In the Asian session, at … Continue reading →

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GBP/USD: Pound gained as UK service PMI marked an improvement in May

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.63% against the USD and closed at 1.5398, as upbeat UK services PMI data buoyed the Pound. In the UK, the services purchasing managers’ index (PMI) advanced to a reading … Continue reading →

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USD/JPY: Yen gained on Shinzo Abe’s comments

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.27% against the JPY and closed at 99.02. Demand for the yen increased after the Japanese Prime Minister, Shinzo Abe, outlined growth strategy to rejuvenate the nation’s struggling economy. … Continue reading →

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Crude Oil: Crude stockpiles decreased last week, indicates EIA

Posted on June 6, 2013 by GCI Financial

  Crude Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 93.82. Yesterday, the US Energy Information Administration (EIA) reported that US crude-oil supplies slipped 6.3 million barrels for the week ended May … Continue reading →

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Silver: White metal continues its previous session losses

Posted on June 6, 2013 by GCI Financial

  Silver prices declined 0.11% to the USD22.54 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.51, 0.14% lower from yesterday’s close. Silver is expected to find support at 22.32, … Continue reading →

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Gold: Gold advanced as US jobs data disappointed investors; trading lower this morning

Posted on June 6, 2013 by GCI Financial

  Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1402.01 per ounce, as demand for the safe haven yellow metal increased after a much awaited US private-sector jobs data disappointed investors. … Continue reading →

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