Daily Archives: June 10, 2013

Trading signals for Monday 10-06-2013

Posted on June 10, 2013 by GCI Financial

Forex, Commodities and Index signals for Monday 10-06-2013 11:00 GMT Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on June 10, 2013 by GCI Financial

On Friday, the AUD weakened 0.65% against the USD to close at 0.9495. Over the weekend, China released a string of economic releases, wherein China’s consumer price index dropped 0.6% (MoM) in May, while the producer price index slipped 2.9% … Continue reading →

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USD/CAD: Loonie trading on the positive side this morning

Posted on June 10, 2013 by GCI Financial

On Friday, the USD declined 0.60% against the CAD to close at 1.0214. However, losses were capped as reports showed that Canada added the most jobs in a decade in May and also recorded a drop in its unemployment rate. … Continue reading →

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USD/CHF: Swissy trading lower in the Asian session

Posted on June 10, 2013 by GCI Financial

On Friday, the USD rose 0.57% against the CHF and closed at 0.9351. In Switzerland, foreign currency reserves widened to CHF441.4 billion in May from CHF436.1 billion recorded in April. Market had expected foreign currency reserves to rise to CHF440.50 … Continue reading →

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USD/JPY: Japan’s economy expanded in the Q1 2013; yen trading lower this morning

Posted on June 10, 2013 by GCI Financial

  On Friday, the USD strengthened marginally against the JPY and closed at 97.43. In economic news, preliminary reading of Japan’s leading economic index rose to 99.30 in April while preliminary reading of coincident index advanced to 94.80 in April. … Continue reading →

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GBP/USD: Pound moving southwards in the Asian session

Posted on June 10, 2013 by GCI Financial

  On Friday, GBP fell 0.27% against the USD and closed at 1.5558, following positive US employment data. However, losses were limited as UK’s total trade deficit narrowed to £2.6 billion in April from to a downwardly revised deficit of … Continue reading →

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EUR/USD: Dollar gained as upbeat US employment data fuelled Fed taper speculation

Posted on June 10, 2013 by GCI Financial

  On Friday, EUR declined 0.14% against the USD and closed at 1.3224. The dollar gained strength as the US employment growth in May was higher than market expectations, which renewed speculation that the US Federal Reserve could taper the … Continue reading →

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Crude Oil: Oil gained on demand prospects following upbeat US jobs data; trading lower this morning

Posted on June 10, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced 1.62% against the USD for the period ending 21:00GMT, closing at 96.22, as a better-than-expected rise in US jobs last month raised demand for the fuel. On the other hand, Sudan indicated that … Continue reading →

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Silver: Silver slumped amid a strong dollar; trading higher this morning

Posted on June 10, 2013 by GCI Financial

  On Friday, Silver prices declined 4.10% to the USD21.68 per ounce during the period ending 21:00GMT, as the dollar strengthened following a report indicating a rise in jobs in the US last month. In the Asian session, at GMT0300, … Continue reading →

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Gold: Gold trading higher in the Asian session

Posted on June 10, 2013 by GCI Financial

  On Friday Gold prices traded lower by 2.07% against the USD in the period ending 21:00GMT, at 1383.05 per ounce, after the US employment sector showed an improvement in May, thereby raising speculation that the Federal Reserve may reduce … Continue reading →

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