Daily Archives: March 4, 2013

Trading signals for Monday 04-03-2013

Posted on March 4, 2013 by GCI Financial

Forex, Commodities and Index signals for Monday 04-03-2013 11:00 GMT Continue reading →

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EUR/USD: Euro pressured on downbeat economic data

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.34% against the USD and closed at 1.3017, after preliminary data showed that consumer price inflation in the Euro zone slumped to an annualized rate of 1.8% in … Continue reading →

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GBP/USD: Pound trading tad higher this morning

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.94% against the USD and closed at 1.5020, amid a weak set of economic data from the UK. UK’s seasonally adjusted manufacturing purchasing managers’ index (PMI) retreated to … Continue reading →

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USD/JPY: BoJ nominee Haruhiko Kuroda pledges to beat deflation

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 1.06% against the JPY and closed at 93.57. In the Asian session, at GMT0400, the pair is trading at 93.35, with the USD trading 0.23% lower from … Continue reading →

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USD/CHF: Switzerland’s SVME PMI fell more-than-expected in February

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.74% against the CHF and closed at 0.9435, as Swiss manufacturing PMI dropped more-than-expected in February. In Switzerland, the seasonally adjusted manufacturing PMI fell to a reading … Continue reading →

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USD/CAD: Loonie finished Friday’s session higher on Canadian GDP report, trading lower this morning

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.24% against the CAD to close at 1.0283. The Canadian Dollar strengthened, after fourth-quarter domestic growth data in Canada showed that the economy performed as expected late … Continue reading →

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AUD/USD: Aussie trading lower on downbeat Australian economic data

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.10% against the USD to close at 1.0206. LME Copper prices declined 2.7% or $207.5/MT to $ 7620.5/MT. Aluminium prices declined 2.3% or $45.5/MT to $1914.5/MT. In … Continue reading →

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Crude Oil: Oil dropped on weak economic cues from China, Euro-zone

Posted on March 4, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 1.22% against the USD for the 24 hour period ending 24:00GMT, closing at 90.68, as disappointing Chinese manufacturing data and record euro-zone unemployment figures raised demand concerns. In the Asian session, at GMT0400, … Continue reading →

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Gold: Gold dropped on strong dollar, trading higher this morning

Posted on March 4, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 24:00GMT, at 1576.23 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1577.27, marginally higher … Continue reading →

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Silver: White metal trading higher this morning

Posted on March 4, 2013 by GCI Financial

  On Friday, Silver prices rose 0.12% to the USD28.60 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.61, marginally higher from Friday’s close. Silver is expected to find support … Continue reading →

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