Daily Archives: March 13, 2013

Trading signals for Wednesday 13-03-2013

Posted on March 13, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 13-03-2013 11:00 GMT Continue reading →

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EUR/USD: Euro dropped amid indications of possible policy loosening; trading tad higher this morning

Posted on March 13, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3031, after the European Central bank council member, Jens Weidmann stated that inflationary pressures across the Euro-zone remain light, which investors interpreted as a … Continue reading →

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USD/JPY: Japanese Yen continues to move northward

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.83% against the JPY and closed at 95.84. On economic front, the seasonally adjusted consumer confidence index in Japan rose to a reading of 44.3 in February, compared to … Continue reading →

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USD/CHF: Swiss Franc continues to trade higher in the Asian session

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9473. In the Asian session, at GMT0400, the pair is trading at 0.9466, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Loonie trading almost flat this morning

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0261. The Canadian Dollar registered slight gains as oil prices rose and as the Bank of Canada Governor, Mark Carney reiterated to … Continue reading →

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AUD/USD: Consumer confidence improves in Australia

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.49% against the USD to close at 1.0327. LME Copper prices rose 1.8% or $138.0/MT to $7815.0/MT. Aluminium prices rose 2.3% or $43.5/MT to $1939.0/MT. In the Asian session, at … Continue reading →

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Crude Oil: Oil rose on OPEC and API reports

Posted on March 13, 2013 by GCI Financial

  Crude Oil prices advanced 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 92.59, boosted by global oil demand outlook report from the Organization of Petroleum Exporting Countries (OPEC) and as crude oil inventories in … Continue reading →

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Silver: White metal trading tad higher in the Asian session

Posted on March 13, 2013 by GCI Financial

  Silver prices rose 0.52% to the USD29.18 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.18, marginally higher from yesterday’s close. Silver is expected to find support at 28.92, … Continue reading →

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Gold: Yellow metal rose following ECB policymaker comments

Posted on March 13, 2013 by GCI Financial

  Gold prices traded higher by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1592.80 per ounce, as demand prospects for the yellow metal increased after the European Central Bank (ECB) policymaker, Jens Weidmann indicated that … Continue reading →

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GBP/USD: Pound continues its session gains

Posted on March 13, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.4906. However, the gains in the Pound were limited as industrial and manufacturing production in the UK registered a drop in January. UK’s industrial … Continue reading →

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