Monthly Archives: June 2013

USD/JPY: Financial markets shall regain stability as economy improves, indicates BoJ Governor, Kuroda

Posted on June 24, 2013 by GCI Financial

  On Friday, the USD strengthened 0.79% against the JPY and closed at 97.78. The Bank of Japan (BoJ) Governor, Haruhiko Kuroda stressed that financial markets would probably stabilize over time, reflecting improvements in Japan’s economy, but the BoJ continues … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on June 24, 2013 by GCI Financial

  On Friday, GBP fell 0.55% against the USD and closed at 1.5428. In economic news, UK’s public sector net cash requirements stood at £3.1 billion in May. Also, the public sector net borrowing stood at £10.5 billion in May. … Continue reading →

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EUR/USD: Euro moving lower in the Asian session

Posted on June 24, 2013 by GCI Financial

  On Friday, EUR declined 0.67% against the USD and closed at 1.3139, pressured by political turmoil in Greece and expectations that the Federal Reserve would pull out its monetary stimulus. Greece’s political turmoil continued after disagreement with Prime Minister’s … Continue reading →

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Silver: Silver rebounded from its previous slump; trading lower this morning

Posted on June 24, 2013 by GCI Financial

  On Friday, Silver prices rose 1.90% to the USD20.13 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.89, 1.18% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold trading lower this morning

Posted on June 24, 2013 by GCI Financial

  On Friday Gold prices traded higher by 1.01% against the USD in the period ending 21:00GMT, at 1296.40 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1290.22, 0.48% lower from Friday’s close. … Continue reading →

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Crude Oil: Oil lower on global growth worries

Posted on June 24, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 1.11% against the USD for the period ending 21:00GMT, closing at 93.93, extending its previous losses after the Federal Reserve indicated that it might wind down its $85 billion bond purchase program later … Continue reading →

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Trading Signals as per 21-06-2013

Posted on June 21, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3250   Entry-Limit Buy 0,8520 Limit BUY 1,3210   Limit SELL 0,8560 … Continue reading →

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Gold: Gold tumbled below $1300/oz after FOMC decision

Posted on June 21, 2013 by GCI Financial

  Gold prices traded lower by 4.58% against the USD in the 24 hour period ending 23:00GMT, at 1283.38 per ounce, after the Federal Reserve Chief, Ben Bernanke signalled a scale back of its monetary easing in the near future … Continue reading →

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Silver: Strong US Dollar weighed on Silver prices

Posted on June 21, 2013 by GCI Financial

  Silver prices declined 6.94% to the USD 19.75 per ounce during the 24 hours ending 23:00GMT, as the greenback strengthened. In the Asian session, at GMT0300, Silver is trading at 19.81, 0.33% higher from yesterday’s close. Silver is expected … Continue reading →

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Crude Oil: Oil lower on global worries, trading higher this morning

Posted on June 21, 2013 by GCI Financial

  Crude Oil prices declined 2.85% against the USD for the 24 hour period ending 23:00GMT, closing at 94.98, on demand concerns following downbeat Chinese manufacturing data and the Federal Reserve Chairman, Ben Bernanke’s comments on possible imminent tapering of … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on June 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.91% against the USD to close at 0.9195, following downbeat Chinese PMI manufacturing data and after the Federal Reserve Chairman, Ben Bernanke hinted at ending the central bank’s quantitative easing … Continue reading →

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