Daily Archives: March 15, 2013

Trading signals for Friday 15-03-2013

Posted on March 15, 2013 by GCI Financial

Forex, Commodities and Index signals for Friday 15-03-2013 11:00 GMT Continue reading →

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EUR/USD: Euro rises; EU summit in focus

Posted on March 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3012, as calls for greater focus on growth and less on austerity helped boost the single currency against the greenback. Leaders in the European … Continue reading →

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USD/JPY: Haruhiko Kuroda confirmed as BoJ Governor

Posted on March 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 95.95. On the economic front, machine tool orders in Japan dropped 29.8% (YoY) in February, following a 21.5% drop initially estimated. In … Continue reading →

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GBP/USD: Recovery is “in sight”, indicates Mervyn King

Posted on March 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 1.11% against the USD and closed at 1.5091. In its quarterly bulletin, the Bank of England revealed that the UK treasury would benefit a net £17.0 billion from transfers from … Continue reading →

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Crude Oil: Oil gained on upbeat US labour market figures

Posted on March 15, 2013 by GCI Financial

  Crude Oil prices advanced 0.95% against the USD for the 24 hour period ending 23:00GMT, closing at 93.27, as encouraging weekly US labour-market data pointed to further improvements in the broader economy. In the Asian session, at GMT0400, Crude … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of domestic PPI data

Posted on March 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9470. Yesterday, the Swiss National Bank (SNB) retained the currency ceiling at CHF1.2 per euro. The central bank also left its benchmark … Continue reading →

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USD/CAD: Loonie moved northwards tracking commodity prices, positive Canadian data

Posted on March 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.0223. The Canadian dollar registered gains on the back of higher commodity prices and positive Canadian economic data. In economic news, Statistics … Continue reading →

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AUD/USD: Strong Australian employment data boosted Aussie, trading tad lower this morning

Posted on March 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0380, benefitting from strong Australian employment data. However, rally in the Aussie loosed the steam, after the Reserve Bank of Australia Assistant Governor, … Continue reading →

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Silver: Industrial metal trading above its MA’s

Posted on March 15, 2013 by GCI Financial

  Silver prices declined 0.35% to the USD28.86 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.93, 0.21% higher from yesterday’s close. Silver is expected to find support at 28.68, … Continue reading →

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Gold: Gold trading tad higher in the Asian session

Posted on March 15, 2013 by GCI Financial

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1590.75 per ounce. Earlier, gold prices were pressured after upbeat US labour market data added to evidence of an economic recovery, making safe-haven … Continue reading →

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