Daily Archives: February 28, 2013

Trading signals for Thursday 28-02-2013

Posted on February 28, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 28-02-2013 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

USD/JPY: Yen trading higher in the Asian session

Posted on February 28, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 92.33. In the Asian session, at GMT0400, the pair is trading at 92.26, with the USD trading marginally lower from yesterday’s close. In … Continue reading →

Posted in USD/JPY | Leave a comment

EUR/USD: Euro buoyed on Italian bond auction; trading lower this morning

Posted on February 28, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.67% against the USD and closed at 1.3156, after Italy saw its borrowing costs rise less than had been feared. Moreover, upbeat European economic data also helped buoy the single currency. … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Gfk consumer confidence remains stable in February

Posted on February 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.5166, as upbeat core durable goods orders and pending home sales data in the US helped buoy investor risk appetite. However, gains in … Continue reading →

Posted in GBP/USD | Leave a comment

USD/CAD: Loonie trading flat in the Asian session

Posted on February 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 1.0234. The Loonie gained as upbeat US pending home sales data boosted investor risk appetite. In the Asian session, at GMT0400, the … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie rises on encouraging Australian and Chinese data

Posted on February 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0229. LME Copper prices rose 0.6% or $46.0/MT to $7831.0/MT. Aluminium prices rose 0.1% or $1.0/MT to $1972.0/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CHF: Swissy trading lower ahead of the GDP data

Posted on February 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 0.9288. On the Swiss economic front, the UBS Swiss consumption indicator fell to a reading of 1.18 in January, from a revised … Continue reading →

Posted in USD/CHF | Leave a comment

Crude Oil: Crude oil gained following lower-than-expected rise in crude stockpiles

Posted on February 28, 2013 by GCI Financial

  Crude Oil prices advanced 0.28% against the USD for the 24 hour period ending 23:00GMT, closing at 92.99, as the EIA revealed that US crude inventories rose less-than-expected last week. Yesterday, the US Energy Information Administration reported that, in … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Industrial metal trading lower

Posted on February 28, 2013 by GCI Financial

  Silver prices declined 1.28% to the USD29.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.07, 0.17% higher from yesterday’s close. Silver is expected to find support at 28.85, … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal rises in the Asian session

Posted on February 28, 2013 by GCI Financial

  Gold prices traded lower by 1.04% against the USD in the 24 hour period ending 23:00GMT, at 1596.99 per ounce. In the Asian session, at GMT0400, Gold is trading at 1598.27, marginally higher from yesterday’s close. Gold is expected … Continue reading →

Posted in Gold | Leave a comment