Daily Archives: August 6, 2013

Trading Signals per 06-08-2013

Posted on August 6, 2013 by GCI Financial

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3295   Entry-Limit Sell 0,8686 Limit BUY 1,3255   Limit BUY 0,8646 … Continue reading →

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AUD/USD: RBA cut key interest rate to 2.5%

Posted on August 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.8912. LME Copper prices declined 1.0% or $68.5/MT to $6950.5/MT. Aluminium prices declined 0.8% or $14.5/MT to $1755.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Canadian Dollar continues its upward journey this morning

Posted on August 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD dropped 0.31% against the CAD to close at 1.0358. In the Asian session, at GMT0300, the pair is trading at 1.0355, with the USD trading slightly lower from yesterday’s close. The … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9276. In Switzerland, the UBS real estate bubble index rose to a reading of 1.20 in the second quarter of 2013, compared … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3258. The Euro traded higher initially, after services PMI data in Europe confirmed the ease in contraction, adding to recovery signs. Services PMI … Continue reading →

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GBP/USD: Pound gained on upbeat UK services PMI, trading lower this morning

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5357, after the UK services PMI rose to a reading of 60.2 in July from a reading of 56.9 in June, showing a … Continue reading →

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USD/JPY: Yen continues to trade higher this morning

Posted on August 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.69% against the JPY and closed at 98.25. In the Asian session, at GMT0300, the pair is trading at 98.13, with the USD trading 0.12% lower from yesterday’s close. … Continue reading →

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Crude Oil: Oil drops ahead of demand forecast reports this week

Posted on August 6, 2013 by GCI Financial

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 106.54. In the Asian session, at GMT0300, Crude Oil is trading at 106.30, 0.23% lower from yesterday’s close, after Libya planned for … Continue reading →

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Silver: Silver continues its downtrend this morning

Posted on August 6, 2013 by GCI Financial

  Silver prices fell 0.91% to the USD19.71 per ounce during the 24 hours ending 23:00GMT. A renowned broker yesterday lifted its silver price forecast for 2013, citing physical demand in Asia. The broker raised its average price forecast to … Continue reading →

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Gold: Gold softens on strong European and US economic data

Posted on August 6, 2013 by GCI Financial

  Gold prices traded lower by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1303.29 per ounce, as a positive economic data from Europe and the US dampened yellow metal’s safe haven appeal. In the Asian … Continue reading →

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