Daily Archives: July 10, 2013

Trading Signals as per 10-07-2013

Posted on July 10, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,2757   Entry-Limit Buy 0,8575 Limit SELL 1,2797   Limit SELL 0,8615 … Continue reading →

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USD/CAD: Loonie rose on better than expected Canadian housing starts data & higher oil prices

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.0537. The Loonie registered gains as Canadian housing starts dropped less than expected in June and following a rise in oil prices. Moreover, … Continue reading →

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Crude Oil: Oil advanced following API inventory data, trading lower this morning

Posted on July 10, 2013 by GCI Financial

Crude Oil prices advanced 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 104.47, after the American Petroleum Institute (API) in its weekly report indicated that crude oil inventories dropped by 9 million barrels in the … Continue reading →

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Silver: Silver trading below its MAs’

Posted on July 10, 2013 by GCI Financial

Silver prices rose 1.10% to the USD19.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.11, 0.98% lower from yesterday’s close. Silver is expected to find support at 18.92, and … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence index declined in July

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.9155. LME Copper prices declined 0.7% or $46.0/MT to $6719.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1740.0/MT. In the Asian session, at GMT0300, … Continue reading →

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Gold: Gold reverses its direction this morning

Posted on July 10, 2013 by GCI Financial

Gold prices traded higher by 1.08% against the USD in the 24 hour period ending 23:00GMT, at 1249.61 per ounce. In the Asian session, at GMT0300, Gold is trading at 1246.13, 0.28% lower from yesterday’s close. Gold is expected to … Continue reading →

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USD/CHF: Swiss retail sales rose below forecast in May

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CHF and closed at 0.9737. On the macro front, Switzerland retail sales rose 1.8% annually in May, against the expected 1.9% rise and slower than the revised … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 101.18. Yesterday, machine tool orders in Japan retreated 12.4% (YoY) in June, faster compared to a 7.4% drop reported in the previous month. … Continue reading →

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EUR/USD: Greenback trading tad lower ahead of the FOMC minutes

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.65% against the USD and closed at 1.2777, as the S&P ratings agency lowered Italy’s sovereign credit rating to ‘BBB’from‘BBB-plus’, with a ‘Negative’ outlook. Furthermore, Joerg Asmussen, a member of the … Continue reading →

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GBP/USD: Pound tumbled amid disappointing UK manufacturing data; trading higher this morning

Posted on July 10, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.58% against the USD and closed at 1.4847, after manufacturing production in the UK declined more than expected in May. In the UK, manufacturing production slipped at an annual rate of … Continue reading →

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