Daily Archives: March 20, 2013

Trading signals for Wednesday 20-03-2013

Posted on March 20, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,2920   Entry-Limit Buy 0,8530 Limit SELL 1,2960   Limit SELL 0,8570 … Continue reading →

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Silver: White metal traded slightly lower

Posted on March 20, 2013 by GCI Financial

  Silver prices fell marginally declined to the USD28.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.92, marginally lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Precious metal gained after Cyprus rejected deposit tax; trading tad lower this morning

Posted on March 20, 2013 by GCI Financial

  Gold prices traded higher by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1613.01 per ounce, on renewed flight-to-safety investment after the Cyprus’ Parliament rejected the controversial bank deposit levy plan set forth by the … Continue reading →

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EUR/USD: Euro dropped as Cyprus worries weighed over investor sentiment; trading tad higher in the Asian session

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.62% against the USD and closed at 1.2864, after the Cypriot Parliament voted down a bank-deposit levy needed to secure a bailout, thereby raising fears over the stability of Euro-zone’s … Continue reading →

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GBP/USD: Pound remained steady as UK inflation data met market expectations

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5096, after UK inflation data that came in line with market expectations, managed to keep the Pound stable. In the UK, the seasonally … Continue reading →

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USD/JPY: Japanese Yen trading tad higher in the Asian session

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 95.07. Looking at fundamentals, the leading economic index rose to a reading of 95.0 in January, from a revised reading of 92.8 … Continue reading →

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AUD/USD: Leading index in Australia rises in January

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0363. LME Copper prices declined 0.2% or $16.5/MT to $7539.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1902.5/MT. In the Asian session, at … Continue reading →

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USD/CHF: Swissy trading tad higher this morning

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9480, as the greenback remained buoyant on concerns over the financial situation in the Euro-zone. In the Asian session, at GMT0400, the … Continue reading →

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USD/CAD: Loonie declined as manufacturing data disappointed investors

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD to close at 1.0270. The Loonie came under pressure after Canada’s manufacturing data disappointed investors, whereas US building permits increased higher-than-expected in February. In economic … Continue reading →

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Crude Oil: Oil dived as Cypriot Parliament rejected bank deposit levy; trading higher in the Asian session

Posted on March 20, 2013 by GCI Financial

  Crude Oil prices declined 1.78% against the USD for the 24 hour period ending 23:00GMT, closing at 92.16, as late Tuesday, the Cypriot parliament overwhelmingly rejected a measure imposing taxes on bank deposits, thereby raising concern that Europe’s debt … Continue reading →

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