Daily Archives: June 7, 2013

Trading signals for Friday 07-06-2013

Posted on June 7, 2013 by GCI Financial

Forex, Commodities and Index signals for Friday 07-06-2013 11:00 GMT Continue reading →

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EUR/USD: Euro rose above 1.3200 as Draghi rules out negative interest rates

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 1.18% against the USD and closed at 1.3242, after European Central Bank (ECB) President, Mario Draghi stated that a cut in the bank’s deposit rate below zero was not on … Continue reading →

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USD/CHF: Swiss CPI advanced in May

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 1.46% against the CHF and closed at 0.9297. Yesterday, Switzerland’s consumer price index (CPI) climbed 0.1% (MoM) in May, in line with the market expectation and compared to a … Continue reading →

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AUD/USD: Aussie trading below the 0.9500 level

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 0.9557. LME Copper prices declined 1.5% or $110.5/MT to $7311.0/MT. Aluminium prices declined 0.6% or $11.5/MT to $1927.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie gained as PMI data impressed investors; trading tad lower in the Asian session

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.0274. The Canadian dollar gained after nation’s seasonally adjusted Ivey Purchasing Managers’ Index (PMI) surged to a 14-month high of 63.10 in … Continue reading →

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GBP/USD: Pound advanced as BoE maintained its interest rate at 0.5%; trading tad lower this morning

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 1.31% against the USD and closed at 1.5600, as investor sentiment was lifted after the Bank of England announced no changes to its monetary policy. Yesterday, the Bank of England’s … Continue reading →

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USD/JPY: Yen moving higher on Taro Aso’s comments

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.67% against the JPY and closed at 97.36. In the Asian session, at GMT0300, the pair is trading at 96.35, with the USD trading 1.04% lower from yesterday’s close. … Continue reading →

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Crude Oil: Oil gained on demand prospects after ECB offered a positive outlook

Posted on June 7, 2013 by GCI Financial

  Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, amid a weak dollar and as the European Central Bank President Mario Draghi painted a greener picture of the Euro-zone’s economy … Continue reading →

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Silver: White metal moving upwards this morning

Posted on June 7, 2013 by GCI Financial

  Silver prices rose 0.31% to the USD22.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.77, 0.72% higher from yesterday’s close. Silver is expected to find support at 22.43, … Continue reading →

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Gold: Weaker dollar boosts yellow metal

Posted on June 7, 2013 by GCI Financial

  Gold prices traded higher by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1412.25 per ounce, as the greenback weakened after reports showed that US initial jobless claims fell less than expected in the last … Continue reading →

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