Daily Archives: January 8, 2013

Trading signals for Tuesday 08-01-2013

Posted on January 8, 2013 by GCI Financial

Forex, Commodities and Index signals for Tuesday 08-01-2013 11:00 GMT Continue reading →

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USD/CHF: Swiss Franc trading lower

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CHF and closed at 0.9209. In Switzerland, foreign currency reserves narrowed slightly to CHF427.2 billion in December, from CHF427.4 billion in November. In the Asian session, … Continue reading →

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GBP/USD: UK to moderately recover in 2013, indicates BCC

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.34% against the USD and closed at 1.6122. In the UK, the Lloyds Bank reported that employment confidence came in unchanged at a reading of -42.0 in December, compared to … Continue reading →

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USD/JPY: Japanese Yen snaps its yesterday’s gain, trading lower this morning

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.07% against the JPY and closed at 87.27. Automobile sales in Japan fell 3.4% (YoY) in December, following a 3.3% decline in November. In the Asian session, at GMT0400, … Continue reading →

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EUR/USD: Euro pressured as market awaits ECB decision later this week

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.43% against the USD and closed at 1.3124, ahead of Thursday’s European Central Bank decision on interest rates. However, on the economic front, Euro-zone’s sentix index rose for the fifth … Continue reading →

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USD/CAD: Loonie gained following encouraging Ivey PMI in Canada, trading lower this morning

Posted on January 8, 2013 by GCI Financial

  USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9859, buoyed by an improvement in Canada’s purchasing activity. On a seasonally adjusted basis, Canada’s Ivey Purchasing Managers Index (PMI) … Continue reading →

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AUD/USD: Aussie pressured as trade deficit widened more-than-expected in Australia

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.15% against the USD to close at 1.0511. LME Copper prices declined 0.4% or $30.3/MT to $7995.3/MT. Aluminium prices declined 2.5% or $50.8/MT to $2004.8/MT. In the Asian session, at … Continue reading →

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Silver: Silver reverses previous session gains

Posted on January 8, 2013 by GCI Financial

  Silver prices rose 0.21% to the USD30.25 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.14, 0.37% lower from yesterday’s close. Silver is expected to find support at 29.88, … Continue reading →

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Crude Oil: Crude Oil rebounded amid bottom fishing; trading lower this morning

Posted on January 8, 2013 by GCI Financial

  Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 93.28, as investors indulged in bottom fishing, after oil prices fell last week on concerns that the US Congress would struggle in … Continue reading →

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Gold: Gold prices drop in the Asian session

Posted on January 8, 2013 by GCI Financial

  Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1650.12 per ounce. In the Asian session, at GMT0400, Gold is trading at 1648.36, 0.11% lower from yesterday’s close. Gold is expected … Continue reading →

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