Daily Archives: January 29, 2013

Trading signals for Tuesday 29-01-2013

Posted on January 29, 2013 by GCI Financial

Forex, Commodities and Index signals for Tuesday 29-01-2013 11:00 GMT Continue reading →

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EUR/USD: Euro tad higher this morning

Posted on January 29, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.3448, as investors booked profits post its recent rally and as investors exercised caution ahead of the US Federal Reserve policy meeting. In economic … Continue reading →

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GBP/USD: Pound reverses its yesterday’s losses, trading higher in the Asian session

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.5697, as investors continued to assess the implications of a softened economic outlook and amid dovish comments from incoming Bank of England Governor, … Continue reading →

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USD/JPY: Yen trading lower this morning

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.82% against the JPY and closed at 90.44. Yesterday, the Japanese Prime Minister, Shinzo Abe, urged the Bank of Japan (BoJ) to implement bolder policies to achieve its 2% … Continue reading →

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USD/CHF: Swissy trading flat in the Asian session

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9263, ahead of the Federal Reserve two day meeting starting from tomorrow. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0060. Yesterday, Moody’s Investors Service downgraded six of Canada’s major financial institutions on concerns over high levels of consumer debt among Canadians … Continue reading →

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AUD/USD: Australian business confidence rises, while CB leading economic index retreats

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0422. LME Copper prices declined 0.6% or $45.5/MT to $8014.25/MT. Aluminium prices declined 1.8% or $36.0/MT to $2006.3/MT. In the Asian session, at … Continue reading →

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Gold: Gold traders await Federal Reserve decision

Posted on January 29, 2013 by GCI Financial

  Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1655.50 per ounce, as upbeat durable goods order data in the US fuelled optimism about a stable recovery, driving investors away from … Continue reading →

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Silver: Silver reverses its downward slide

Posted on January 29, 2013 by GCI Financial

  Silver prices declined 1.20% to the USD30.88 per ounce during the 24 hours ending 23:00GMT, on lack of buying support from industrial units. In the Asian session, at GMT0400, Silver is trading at 30.97, 0.30% higher from yesterday’s close. … Continue reading →

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Crude Oil: Oil rose amid positive US economic data and OPEC’s bullish comments

Posted on January 29, 2013 by GCI Financial

  Crude Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 96.51, as investor sentiment was boosted after US orders for manufactured goods rose more-than-expected in December and as the OPEC Secretary General, … Continue reading →

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