Daily Archives: March 26, 2013

Trading signals for Tuesday 26-03-2013

Posted on March 26, 2013 by GCI Financial

Forex, Commodities and Index signals for Tuesday 26-03-2013 11:00 GMT Continue reading →

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EUR/USD: Euro declined as Cyprus enthusiasm faded, trading higher this morning

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 1.24% against the USD and closed at 1.2857, after head of the Eurogroup, Jeroen Dijsselbloem, reportedly stated that the rescue program agreed for Cyprus represents a new template for resolving … Continue reading →

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GBP/USD: Pound jarred by Jeroen Dijsselbloem’s comment, trading higher in the Asian session

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.41% against the USD and closed at 1.5178. The Pound recorded gains earlier after Cyprus secured a €10 billion bailout deal. However, market sentiment faded after the Eurogroup head, Jeroen … Continue reading →

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USD/JPY: New BoJ Governor pledged to achieve 2% inflation target in two years

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.95% against the JPY and closed at 93.95. In the Asian session, at GMT0400, the pair is trading at 94.18, with the USD trading 0.25% higher from yesterday’s close. … Continue reading →

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USD/CHF: Pair trading above its MA’s

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.95% against the CHF and closed at 0.9484. In the Asian session, at GMT0400, the pair is trading at 0.9489, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie notched slim gains as crude prices rallied

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0216. The Canadian Dollar registered gains in line with rise in crude oil prices. In the Asian session, at GMT0400, the pair … Continue reading →

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AUD/USD: Investors eye RBA Governor’s speech

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0461, as market sentiment for riskier currencies improved after Cyprus secured an international bailout preventing the country’s exit from the Euro-zone. LME Copper … Continue reading →

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Crude Oil: Oil advanced as risk appetite increased following Cyprus deal

Posted on March 26, 2013 by GCI Financial

  Crude Oil prices advanced 1.13% against the USD for the 24 hour period ending 23:00GMT, closing at 94.78, as prospects for oil started to look brighter after Cyprus secured a €10 billion bailout financing and avoided economic collapse. Separately, … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 26, 2013 by GCI Financial

  Silver prices rose 0.38% to the USD28.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.82, marginally lower from yesterday’s close. Silver is expected to find support at 28.58, … Continue reading →

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Gold: Yellow metal inches down

Posted on March 26, 2013 by GCI Financial

  Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1604.36 per ounce, as a bailout deal to avert a collapse of Cyprus’ banking system reduced the metal’s safe-haven appeal. In the … Continue reading →

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