Monthly Archives: March 2013

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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Trading signals for Thursday 21-03-2013

Posted on March 21, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,2915   Entry-Limit Sell 0,8509 Limit SELL 1,2955   Limit BUY 0,8469 … Continue reading →

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EUR/USD: Euro gained as Cyprus fears eased

Posted on March 21, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.2939, as immediate fears about a financial meltdown in Cyprus eased following news that Cypriot government would come up with a new plan to … Continue reading →

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AUD/USD: Aussie trading tad lower in the Asian session

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0377. LME Copper prices rose 0.5% or $35.5/MT to $7574.5/MT. Aluminium prices rose 0.2% or $3.0/MT to $1905.5/MT. In the Asian session, at … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP declined marginally against the USD and closed at 1.5094. In economic news, the Office for National Statistics reported that the claimant count change in the UK declined by a seasonally adjusted … Continue reading →

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USD/JPY: Yen trading tad higher; Japan’s trade deficit widens

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.92% against the JPY and closed at 95.94. In the Asian session, at GMT0400, the pair is trading at 95.88, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CHF: Swiss Franc trading tad lower this morning

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9448. Yesterday, the ZEW Centre for European Economic Research reported that the Swiss economic expectations index decreased to a reading of 2.3 … Continue reading →

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USD/CAD: Loonie gained as Fed maintained asset-purchase program

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0257. The Canadian Dollar registered gains after the Federal Reserve indicated to maintain its stimulus measures, raising growth expectations in the Canada’s … Continue reading →

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