Monthly Archives: July 2013

USD/JPY: Japanese Yen holds gain before domestic CPI data

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.89% against the JPY and closed at 100.42. In the Asian session, at GMT0300, the pair is trading at 100.16, with the USD trading 0.26% lower from yesterday’s close. In … Continue reading →

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EUR/USD: Euro-zone PMI data hint at return to growth in July

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.23% against the USD and closed at 1.3191. The Euro traded higher earlier, as upbeat manufacturing and service PMI data from Germany, France and the Euro-zone indicated economic revival in the … Continue reading →

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GBP/USD: UK GDP expected to rise

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.5307. The Confederation of British Industry’s (CBI) industrial trends survey showed that the British factory order books improved more than expected in July, reaching … Continue reading →

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Crude Oil: Oil prices tumbled on Chinese growth concerns

Posted on July 25, 2013 by GCI Financial

Crude Oil prices declined 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 105.19, as poor Chinese manufacturing data re-ignited concerns over oil demand from the world’s second largest oil consumer. Yesterday, the Energy Information Administration … Continue reading →

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Silver: White metal reverses its yesterday’s losses

Posted on July 25, 2013 by GCI Financial

Silver prices fell 1.43% to the USD20.10 per ounce during the 24 hours ending 23:00GMT, in line with fall in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.11, marginally higher from yesterday’s close. Silver is … Continue reading →

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Gold: Gold trading higher this morning

Posted on July 25, 2013 by GCI Financial

Gold prices traded lower by 2.04% against the USD in the 24 hour period ending 23:00GMT, at 1315.77 per ounce, as greenback strengthened after upbeat US housing and manufacturing data reminded investors that the nation was still closer to tempering … Continue reading →

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Trading Signals per 24-07-2013

Posted on July 24, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,2354   Entry-Limit Buy 0,8590 Limit BUY 1,2314   Limit SELL 0,8630 … Continue reading →

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Crude Oil: Oil prices edged higher on API report, trading lower this morning

Posted on July 24, 2013 by GCI Financial

  Crude Oil prices strengthened 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at 107.42, following a drop in oil inventories. Later yesterday, the American Petroleum Institute reported that the US oil inventories fell 1.4 million … Continue reading →

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Silver: Silver continues to trade lower this morning

Posted on July 24, 2013 by GCI Financial

  Silver prices dropped 0.84% to the USD20.40 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.33, 0.34% lower from yesterday’s close. Silver is expected to find support at 20.11, … Continue reading →

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Gold: Yellow metal trading above its MA’s

Posted on July 24, 2013 by GCI Financial

  Gold prices traded higher by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1343.11 per ounce, buoyed by expectations for more demand from China and due to weakness in the greenback. In the Asian session, … Continue reading →

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AUD/USD: Aussie reverses yesterday’s gains on poor economic data from China

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD rose 0.32% against the USD to close at 0.9287. LME Copper prices declined 0.3% or $19.0/MT to $6961.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1801.5/MT. In the Asian session, at … Continue reading →

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