Daily Archives: January 10, 2013

Trading signals for Thursday 10-01-2013

Posted on January 10, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 10-01-2013 11:00 GMT Continue reading →

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EUR/USD: Euro trading lower as investors await the ECB policy meeting later today

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3053, as investors remained cautious ahead of a European Central Bank meeting later today. However, the European Union President, Herman Van Rompuy stated … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE interest rate decision

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6015, as the narrowing trade deficit failed to shrug off the prevailing weakness in Pound following a recent raft of disappointing economic releases. … Continue reading →

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USD/JPY: Japan’s official reserve assets decline

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.38% against the JPY and closed at 88.12. In the Asian session, at GMT0400, the pair is trading at 88.12, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Swissy trading lower in the Asian session

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9261. In the Asian session, at GMT0400, the pair is trading at 0.9265, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Canadian housing starts declined less than expected in December

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 0.9878, as overall market sentiment remained cautious amid uncertainty over the ongoing US debate about raising the debt ceiling. On the economic … Continue reading →

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AUD/USD: Australian Dollar ticks-up as Chinese trade surplus widens

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0505. LME Copper prices rose 0.1% or $8.3/MT to $8058.5/MT. Aluminium prices rose 1.7% or $34.5/MT to $2061.3/MT. In the Asian session, at … Continue reading →

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Crude Oil: Crude Oil pressured as EIA indicated a surge in crude stockpiles, trading higher this morning

Posted on January 10, 2013 by GCI Financial

  Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 93.18. Earlier, oil prices had declined after the Energy Information Administration (EIA) reported that crude oil stockpiles climbed 1.3 million barrels to … Continue reading →

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Silver: White metal moving upwards this morning

Posted on January 10, 2013 by GCI Financial

  Silver prices declined 0.38% to the USD30.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.38, marginally higher from yesterday’s close. Silver is expected to find support at 30.10, … Continue reading →

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Gold: Gold prices higher ahead of the BoE and ECB meeting

Posted on January 10, 2013 by GCI Financial

  Gold prices traded lower by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1656.39 per ounce, as the dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1657.04, marginally higher from yesterday’s … Continue reading →

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