Daily Archives: January 17, 2013

Trading signals for Thursday 17-01-2013

Posted on January 17, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 17-01-2013 11:00 GMT Continue reading →

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EUR/USD: Euro dips on global growth concerns

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3291, after the World Bank trimmed its 2013 Euro-zone growth forecast, prompting investors to sell the Euro and shore-up dollar positions. Additionally, the … Continue reading →

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GBP/USD: Pound struggles to hold ground against the greenback

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.6001, as global growth concerns coupled with ongoing uncertainty over the UK’s role in the European Union continued to weigh on demand for … Continue reading →

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USD/JPY: Japanese tertiary industry activity index drops in November

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.69% against the JPY and closed at 88.84. In Japan, the seasonally adjusted consumer confidence index in Japan fell to a reading of 39.2 in December, from 39.4 in … Continue reading →

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USD/CHF: Swiss real retail sales rose in November

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9309. On the economic front, Switzerland’s real retail sales advanced 2.9% in November, compared to the 2.7% rise recorded in October. However, … Continue reading →

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USD/CAD: Canadian Dollar declined amid concerns over global easing

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 0.9861. The Canadian Dollar came under pressure as government officials in Russia and Japan criticized monetary policies that have devalued major currencies … Continue reading →

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AUD/USD: Rise in Australian unemployment rate weighs on Aussie

Posted on January 17, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0564. LME Copper prices declined 0.4% or $34.3/MT to $7910.25/MT. Aluminium prices declined 0.6% or $11.5/MT to $1990.8/MT. In the Asian session, at … Continue reading →

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Crude Oil: Black gold rose on a surprise drop in the US crude stocks, trading lower this morning

Posted on January 17, 2013 by GCI Financial

  Crude Oil prices advanced 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 94.14, after the EIA inventory data showed an unexpected drop in the US crude-oil stockpile. Yesterday, the data from the US Energy … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on January 17, 2013 by GCI Financial

  Silver prices rose 0.35% to the USD31.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.37, 0.37% lower from yesterday’s close. Silver is expected to find support at 31.13, … Continue reading →

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Gold: Bull run in gold prices to continue, indicates GFMS

Posted on January 17, 2013 by GCI Financial

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1680.65 per ounce. In an update to its Gold Survey 2012, the global metal consultancy firm, GFMS, said that it expects gold to … Continue reading →

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