Daily Archives: March 1, 2013

Trading signals for Friday 01-03-2013

Posted on March 1, 2013 by GCI Financial

Forex, Commodities and Index signals for Friday 01-03-2013 11:00 GMT Continue reading →

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GBP/USD: Pound trading higher this morning

Posted on March 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5163. In the Asian session, at GMT0400, the pair is trading at 1.5169, with the GBP trading marginally higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Japanese unemployment rate, CPI drops in January

Posted on March 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 92.59. The Yen fell, after the Bank of Japan’s (BoJ) board member, Takahide Kiuchi, indicated that central bank would consider more monetary easing … Continue reading →

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EUR/USD: Euro declined on persistent worries over Italy; trading higher this morning

Posted on March 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.71% against the USD and closed at 1.3061, as political uncertainty in Italy and impending US government spending cuts reduced investors’ risk appetite. Moreover, adding to the gloom Euro-zone’s consumer price … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on March 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD to close at 1.0307. The Loonie declined as disappointing US fourth quarter GDP overshadowed reports that Canada’s current account deficit narrowed in the Q42012 on … Continue reading →

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USD/CHF: Swissy reverses previous session losses

Posted on March 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.89% against the CHF and closed at 0.9372. On the economic front, the gross domestic product (GDP) in Switzerland expanded 0.2% (QoQ) in the Q42012, compared to a 0.6% … Continue reading →

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AUD/USD: Aussie trading higher as manufacturing PMI in Australia boosts investor sentiment

Posted on March 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0217. LME Copper prices remained flat or $3.0/MT to $7828.0/MT. Aluminium prices declined 0.6% or $12.0/MT to $1960.0/MT. In the Asian session, at … Continue reading →

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Crude Oil: Oil trading lower as Chinese PMI disappoints

Posted on March 1, 2013 by GCI Financial

  Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 91.80, as investor sentiment dented after the US fourth-quarter gross domestic product came in below market expectations. In the Asian session, at … Continue reading →

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Silver: White metal moving lower in the Asian session

Posted on March 1, 2013 by GCI Financial

  Silver prices declined 1.55% to the USD28.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.54, 0.10% lower from yesterday’s close. Silver is expected to find support at 28.24, … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on March 1, 2013 by GCI Financial

  Gold prices traded lower by 0.96% against the USD in the 24 hour period ending 23:00GMT, at 1581.64 per ounce, as the greenback strengthened, while waning investor’s interest also weighed on demand for precious metal. In the Asian session, … Continue reading →

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