Daily Archives: January 23, 2013

Trading signals for Wednesday 23-01-2013

Posted on January 23, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 23-01-2013 11:00 GMT Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE minutes, UK Prime Minister’s speech

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5838. Gains in the Pound were capped as market sentiment weakened amid talks over the organization of financial aid to banks by the … Continue reading →

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USD/JPY: Yen continues to move northwards

Posted on January 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 1.24% against the JPY and closed at 88.52. On the economic front, Japan’s all industry activity index fell 0.3% (MoM) in November, slower than the expected 0.5% fall and following … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9296. In the Asian session, at GMT0400, the pair is trading at 0.9291, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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AUD/USD: Aussie trading lower amid disappointing Australian consumer prices data

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0560. LME Copper prices rose 0.6% or $47.3/MT to $8067.5/MT. Aluminium prices rose 0.4% or $8.0/MT to $2008.3/MT. In the Asian session, at … Continue reading →

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EUR/USD: Euro trading lower, after rising on encouraging economic data, Olli-Draghi comments

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3314, after the release of encouraging economic sentiment data from Germany and the Euro-zone. The Euro remained buoyant as the European Union … Continue reading →

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USD/CAD: Canadian dollar trading lower ahead of the BoC interest rate decision

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9920. Canadian retail sales data was mixed, as core retail sales data came well below forecast but overall retail sales made a … Continue reading →

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Crude Oil: Pulls back this morning, however holds on buoyant economic sentiment

Posted on January 23, 2013 by GCI Financial

  Crude Oil prices advanced 1.53% against the USD for the 24 hour period ending 23:00GMT, closing at 96.80, as prospects for stronger oil demand increased after economic sentiment improved in Germany and the Euro-zone. The Bank of Japan announcement … Continue reading →

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Silver: Silver trading reverses its previous session gains

Posted on January 23, 2013 by GCI Financial

  Silver prices rose 0.54% to the USD32.21 per ounce during the 24 hours ending 23:00GMT, taking cues from yellow metal to trade on a positive note. Also industrial metals and base metals traded in the green after easing by … Continue reading →

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Gold: Gold gained as the BOJ announced stimulus

Posted on January 23, 2013 by GCI Financial

  Gold prices traded higher by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1692.95 per ounce, after the Bank of Japan indicated that it would introduce open-ended asset purchases from 2014, thereby boosting speculation that … Continue reading →

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