Daily Archives: June 5, 2013

Trading signals for Wednesday 05-06-2013

Posted on June 5, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 05-06-2013 11:00 GMT Continue reading →

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AUD/USD: Australian economy improves less-than-expected in the Q1 2013

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.13% against the USD to close at 0.9639, as investor sentiment was hampered after the Reserve Bank of Australia left its cash rate unchanged and signalled room for further cuts. … Continue reading →

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EUR/USD: Spanish employment figures helped buoy Euro

Posted on June 5, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3072, as Spanish employment numbers came in better than market expectations. The number of unemployed people in Spain slipped sharply by 98.3K in May, … Continue reading →

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GBP/USD: Pound moving upwards in the morning session, services PMI due later today

Posted on June 5, 2013 by GCI Financial

  GBP failed take advantage of an upbeat UK construction PMI, declining 0.13% against the USD, to close at 1.5302, for the 24 hours to 23:00 GMT. The construction purchasing managers’ index (PMI) in the UK advanced to a reading … Continue reading →

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

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 100.27. In the Asian session, at GMT0300, the pair is trading at 100.01, with the USD trading 0.26% lower from yesterday’s close. … Continue reading →

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USD/CHF: Swissy moving northwards this morning

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9484. In the Asian session, at GMT0300, the pair is trading at 0.9474, with the USD trading 0.11% lower from yesterday’s close. … Continue reading →

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USD/CAD: Canada’s trade deficit widened in April

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD to close at 1.0350. The loonie came under pressure as Canada’s international merchandise trade deficit widened to CAD$567 million in April, compared to a revised … Continue reading →

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Crude Oil: Oil gained as crude stockpiles declined last week; trading lower this morning

Posted on June 5, 2013 by GCI Financial

  Crude Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 93.88, after the American Petroleum Institute (API) registered a drop in crude stock piles. The API reported that crude inventories dropped 7.8 … Continue reading →

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Silver: White metal converging with its MA’s

Posted on June 5, 2013 by GCI Financial

  Silver prices declined 0.85% to the USD22.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.64, 0.35% higher from yesterday’s close. Silver is expected to find support at 22.38, … Continue reading →

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Gold: Yellow metal reverses its yesterday’s losses

Posted on June 5, 2013 by GCI Financial

  Gold prices traded lower by 0.99% against the USD in the 24 hour period ending 23:00GMT, at 1399.75 per ounce, as the greenback strengthened. The precious metal also came under pressure after India, the world’s largest gold consumer, widened … Continue reading →

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