Monthly Archives: March 2013

USD/JPY: Yen pressured as traders speculate BoJ intervention

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.74% against the JPY and closed at 94.63. The Yen was pressured amid speculation that more monetary easing could be imminent from the Bank of Japan after the its … Continue reading →

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USD/CHF: Swissy trading above its MA’s

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9482. In the Asian session, at GMT0400, the pair is trading at 0.9495, with the USD trading 0.14% higher from yesterday’s close. … Continue reading →

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AUD/USD: RBA’s FSR disappoints

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.12% against the USD to close at 1.0474. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Glenn Stevens, stated that regulators should switch their focus to the implementation of existing … Continue reading →

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USD/CAD: Loonie gained on US data, oil prices; trading lower this morning

Posted on March 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD to close at 1.0167. The Canadian Dollar gained on the back of better-than-expected rise in US durable goods orders in February and the US housing … Continue reading →

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Crude Oil: Oil gained on upbeat US durable goods data

Posted on March 27, 2013 by GCI Financial

  Crude Oil prices advanced 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 96.16, as a surge in US durable goods orders raised optimism over the demand for oil. Late yesterday, the American Petroleum Institute … Continue reading →

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Silver: White metal trading below its MA’s

Posted on March 27, 2013 by GCI Financial

  Silver prices declined 0.22% to the USD28.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.71, 0.23% lower from yesterday’s close. Silver is expected to find support at 28.60, … Continue reading →

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Gold: Yellow metal trading just below $1600 per ounce this morning

Posted on March 27, 2013 by GCI Financial

  Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1600.97 per ounce. In the Asian session, at GMT0400, Gold is trading at 1599.53, marginally lower from yesterday’s close. Gold is expected … Continue reading →

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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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