Daily Archives: January 9, 2013

Trading signals for Wednesday 09-01-2013

Posted on January 9, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 09-01-2013 11:00 GMT Continue reading →

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AUD/USD: Australian retail sales drop, while new home sales rise in November

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0512. LME Copper prices rose 0.7% or $55.0/MT to $8050.3/MT. Aluminium prices rose 1.1% or $22.0/MT to $2026.8/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9866. On the US economic front, consumer credit increased by more-than-expected $16.0 billion in November, compared to an upwardly revised $14.1 billion increase … Continue reading →

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USD/CHF: Swiss jobless rate remained stable in December

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9239. In Swiss economic news, the seasonally adjusted jobless rate remained unchanged at 3.0% in December, in line with the market expectation. In … Continue reading →

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USD/JPY: Yen reverses previous session gains

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.40% against the JPY and closed at 86.92. The Japanese Finance Minister, Taro Aso said yesterday that his government would buy bonds issued by the European Stability Mechanism in order … Continue reading →

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GBP/USD: BRC shop price inflation remained stable at 1.5%

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.6060. In the Asian session, at GMT0400, the pair is trading at 1.6044, with the GBP trading 0.10% lower from yesterday’s close. Data released … Continue reading →

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EUR/USD: Euro weighed down by weak European economic data

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3083, amid disappointing Euro-zone economic data. Additionally, speculation over a French ratings downgrade further weighed on the Euro. However, the French Finance Minister, Pierre … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on January 9, 2013 by GCI Financial

Silver prices rose 0.71% to the USD30.47 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.35, 0.37% lower from yesterday’s close. Silver is expected to find support at 30.10, and … Continue reading →

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Gold: Gold reverses previous session gains

Posted on January 9, 2013 by GCI Financial

Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1661.36 per ounce. In the Asian session, at GMT0400, Gold is trading at 1658.55, 0.17% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: API reports a surge in crude supplies

Posted on January 9, 2013 by GCI Financial

Crude Oil prices declined 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 93.18, as investors speculated that crude stockpiles would rise this week in the US after contracting notably during the previous week. The American … Continue reading →

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