Daily Archives: January 24, 2013

Trading signals for Thursday 24-01-2013

Posted on January 24, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 24-01-2013 11:00 GMT Continue reading →

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EUR/USD: Euro pressured following IMF downgrade, trading higher this morning

Posted on January 24, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3307, as the International Monetary Fund (IMF) lowered its growth forecast for the world economy in 2013, citing that the sovereign debt crisis in … Continue reading →

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GBP/USD: Pound trading flat this morning

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5831. However, losses in the Pound were limited as official data showed that the number of people claiming unemployment benefits in the UK … Continue reading →

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USD/JPY: Japan trade deficit at ¥641.5 billion in December

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 88.58. In its monthly economic report, the Japanese Cabinet Office stated that the government has upgraded its assessment of the economy for … Continue reading →

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USD/CHF: Swiss economic sentiment continued to improve for fourth month in January

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9300. In economic news, data from a survey by the Center for European Economic Research (ZEW) and Credit Suisse showed that expectations … Continue reading →

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USD/CAD: Canadian Dollar fell to parity as BoC indicates ‘Rate Boost Less Urgent’

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.0001, after the Bank of Canada (BoC) lowered its economic estimates and indicated that it would probably keep interest rates unchanged longer … Continue reading →

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AUD/USD: Australian Dollar trading lower this morning

Posted on January 24, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0535, as investors were disappointed by a sharp drop in the Australian consumer price index. LME Copper prices rose 0.6% or $47.8/MT to $8115.3/MT. … Continue reading →

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Crude Oil: Oil slips in the Asian session

Posted on January 24, 2013 by GCI Financial

  Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 95.55, as investor sentiment dented after the International Monetary Fund (IMF) lowered its 2013 global growth forecast. Oil prices also came under … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on January 24, 2013 by GCI Financial

  Silver prices rose marginally to the USD32.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.04, 0.57% lower from yesterday’s close. Silver is expected to find support at 31.88, … Continue reading →

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Gold: Yellow metal continues to decline this morning

Posted on January 24, 2013 by GCI Financial

  Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1684.85 per ounce, as increasing confidence in the global economic recovery diminished yellow metal’s appeal as a safe-haven investment. In the Asian … Continue reading →

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