Monthly Archives: May 2013

USD/JPY: Japanese yen trading higher in the Asian session

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.39% against the JPY and closed at 102.52. In the Asian session, at GMT0300, the pair is trading at 102.21, with the USD trading 0.30% lower from yesterday’s close. … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.70% against the USD and closed at 1.2845, after economic data indicated that German import prices fell more-than-expected in April, while French consumer confidence dropped to a near five-year low … Continue reading →

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USD/CHF: Swiss Franc declined as trade surplus narrowed; trading higher this morning

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9772. The Swiss Franc came under pressure, following the release of weaker-than-expected Swiss trade data for April. Switzerland’s trade surplus narrowed to … Continue reading →

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GBP/USD: Pound slips after strong US data, trading higher in the morning session

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.55% against the USD and closed at 1.5026, amid lack of domestic economic news and as the US Dollar gained on inspiring consumer confidence and home prices data. In the … Continue reading →

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AUD/USD: Australia’s Westpac leading index rises in March

Posted on May 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.59% against the USD to close at 0.9572, as Aussie traders failed to find a catalyst to invest in commodity currency. Moreover, the greenback registered handsome gains on the back … Continue reading →

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Crude Oil: Oil gained on upbeat US economic data; trading lower this morning

Posted on May 29, 2013 by GCI Financial

  Crude Oil prices jumped 1.15% against the USD for the 24 hour period ending 23:00GMT, closing at 95.05, as an encouraging surge in US housing and consumer confidence data lifted investor sentiment. In the Asian session, at GMT0300, Crude … Continue reading →

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Gold: Yellow metal dropped as dollar advanced; trading lower in the Asian session

Posted on May 29, 2013 by GCI Financial

  Gold prices traded lower by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1380.79 per ounce, as demand for the precious metal decreased after the dollar strengthened. Yesterday, two leading broking houses lowered their gold … Continue reading →

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Silver: Industrial metal moving northwards in the Asian session

Posted on May 29, 2013 by GCI Financial

  Silver prices declined 1.25% to the USD22.34 per ounce during the 24 hours ending 23:00GMT, as a strong dollar dampened the appeal of the industrial metal. In the Asian session, at GMT0300, Silver is trading at 22.38, 0.18% higher … Continue reading →

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Trading signals for Tuesday 28-05-2013

Posted on May 28, 2013 by GCI Financial

FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,2932 Entry-Limit Sell 0,8558 Limit BUY 1,2892 Limit BUY 0,8518 Stop BUY 1,2952 Stop BUY 0,8578 USD/JPY SHORT EUR/CHF SHORT Entry-Limit Sell 101,99 Entry-Limit Sell 1,2518 Limit BUY 101,59 Limit BUY 1,2483 Stop … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 28, 2013 by GCI Financial

  Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1394.01 per ounce, on increased physical demand from Asian countries especially from India and China. In the Asian session, at GMT0300, Gold … Continue reading →

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Silver: White metal tracking losses in the Gold

Posted on May 28, 2013 by GCI Financial

  Silver prices rose 0.96% to the USD 22.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.55, 0.34% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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