Monthly Archives: March 2013

Silver: Industrial metal trading lower this morning

Posted on March 7, 2013 by GCI Financial

  Silver prices rose 1.22% to the USD29.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.98, 0.22% lower from yesterday’s close. Silver is expected to find support at 28.67, … Continue reading →

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Gold: Yellow metal trading marginally higher in the Asian session

Posted on March 7, 2013 by GCI Financial

  Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1583.60 per ounce, missing to break above a key resistance at $1585 per ounce. In the Asian session, at GMT0400, Gold is … Continue reading →

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USD/CAD: Loonie trading tad higher this morning

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.0324. Disappointing Ivey PMI data in Canada weighed on the performance of the domestic currency in yesterday’s session, adding to evidence that … Continue reading →

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AUD/USD: Australia’s trade deficit unexpectedly widens in January

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.31% against the USD to close at 1.0233. However, losses in the Aussie were slightly contained, as late yesterday the Australian Industry Group (AiG) revealed that its performance of construction … Continue reading →

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Trading signals for Wednesday 06-03-2013

Posted on March 6, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 06-03-2013 11:00 GMT Continue reading →

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EUR/USD: Euro gained on improved risk appetite

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3047, as services PMI data released across Europe surprised market participants on the upside. Economic data showed that Germany’s services PMI rose to … Continue reading →

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GBP/USD: BRC annual shop price inflation rises in February

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5136, following a surprise rise in UK’s services PMI. Yesterday, UK’s the services purchasing managers’ index (PMI) rose unexpectedly to 51.8 in February, … Continue reading →

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Crude Oil: Trading higher this morning

Posted on March 6, 2013 by GCI Financial

  Crude Oil prices advanced 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 90.89, as investor sentiment improved following positive economic data from Europe and the US. Late yesterday, the American Petroleum Institute (API) reported … Continue reading →

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USD/JPY: Yen continues its previous session gains

Posted on March 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 93.29. One of the government’s nominees for Bank of Japan (BoJ) Deputy Governor, Kikuo Iwata stated yesterday that monetary easing must accompany fiscal … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9413. The greenback registered some gains after the ISM non-manufacturing PMI came in better-than-expected in February. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Loonie trading higher ahead of the BoC interest rate decision

Posted on March 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0268. In the Asian session, at GMT0400, the pair is trading at 1.0267, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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