Daily Archives: March 22, 2013

Trading signals for Friday 22-03-2013

Posted on March 22, 2013 by GCI Financial

Forex, Commodities and Index signals for Friday 22-03-2013 11:00 GMT Continue reading →

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USD/CHF: Swiss trade surplus narrowed in February; Swissy trading tad lower this morning

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9464. In economic news, Switzerland’s international trade balance stood at a surplus of CHF2.10 billion in February, slightly narrower than the revised … Continue reading →

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EUR/USD: Euro dropped on Cyprus worries, weak European economic data; trading tad higher in the Asian session

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.28% against the USD and closed at 1.2903, as investors feared that Cyprus may not be able to come up with a new bailout plan by next week’s deadline as … Continue reading →

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GBP/USD: Pound gained on upbeat economic data, trading tad higher this morning

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.5180, after UK retail sales recorded a jump in February and the public sector borrowing came in smaller-than-expected in February. Yesterday, retail sales … Continue reading →

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USD/JPY: Yen trading tad lower this morning

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.06% against the JPY and closed at 94.92. On the economic front, Japan’s all industry activity dropped 1.4% (MoM) in January, in line with the market forecast and compared … Continue reading →

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AUD/USD: Australia’s CB leading economic index rises in January

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.59% against the USD to close at 1.0438. LME Copper prices rose 0.1% or $5.5/MT to $7580.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1902.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie continues to move northwards in the Asian session

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0245. The Canadian Dollar was bolstered as retail sales in Canada climbed 1.0% in January to C$38.9 billion, compared to a downwardly … Continue reading →

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Crude Oil: Oil pushed lower amid ongoing Cyprus worries, feeble European data; trading higher this morning

Posted on March 22, 2013 by GCI Financial

  Crude Oil prices declined 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 92.38, dragged down by concerns over the ongoing debt crisis in Cyprus and worries that it could spread further into Europe. Yesterday, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on March 22, 2013 by GCI Financial

  Silver prices rose 1.22% to the USD29.18 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold. In the Asian session, at GMT0400, Silver is trading at 29.12, 0.19% lower from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal higher on Cyprus debt fears, trading lower this morning

Posted on March 22, 2013 by GCI Financial

  Gold prices traded higher by 0.58% against the USD in the 24 hour period ending 23:00GMT, at 1615.95 per ounce, on safe-haven buying after the European Union indicated that it would cut off liquidity to Cypriot banks, raising concerns … Continue reading →

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