Daily Archives: January 30, 2013

Trading signals for Wednesday 30-01-2013

Posted on January 30, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 30-01-2013 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

GBP/USD: UK economic growth to pick up, indicates David Miles

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.31% against the USD and closed at 1.5746. Yesterday, the Bank of England (BoE) policymaker, David Miles, stated that economic growth in the UK would accelerate slowly and pick up … Continue reading →

Posted in GBP/USD | Leave a comment

USD/CAD: Canadian Dollar trading lower as Fed, US data in focus

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.0014. The Canadian Dollar rose in line with a general rebound in commodity currencies. In the Asian session, at GMT0400, the pair … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc trading higher ahead of the KOF leading indicator and the UBS consumption data

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9225. In the Asian session, at GMT0400, the pair is trading at 0.9225, with the USD trading marginally lower from yesterday’s close. … Continue reading →

Posted in USD/CHF | Leave a comment

AUD/USD: Aussie trading higher in the Asian hours

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0464, after the National Australia Bank’s monthly business survey showed an unexpected rise in business confidence in December. LME Copper prices marginally lower … Continue reading →

Posted in AUD/USD | Leave a comment

Crude Oil: Oil rises on optimism on US economy

Posted on January 30, 2013 by GCI Financial

  Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 97.38, after US home prices rose in line with market expectations in November. However, gains were capped earlier following disappointing US consumer … Continue reading →

Posted in Crude Oil | Leave a comment

Gold: Yellow metal holds ground; Federal Reserve meeting in focus

Posted on January 30, 2013 by GCI Financial

  Gold prices traded higher by 0.50% against the USD in the 24 hour period ending 23:00GMT, at 1663.80 per ounce, on hopes that the US Federal Reserve would opt to continue with monetary stimulus. In the Asian session, at … Continue reading →

Posted in Gold | Leave a comment

EUR/USD: Euro trading higher in the Asian session

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.3488, after a report showed that the German consumer sentiments for February improved more than the market expected. The consumer confidence index for … Continue reading →

Posted in EUR/USD | Leave a comment

Silver: White metal continues to trade higher in the Asian session

Posted on January 30, 2013 by GCI Financial

  Silver prices rose 1.66% to the USD31.39 per ounce during the 24 hours ending 23:00GMT, on firming industrial demand. In the Asian session, at GMT0400, Silver is trading at 31.47, 0.25% higher from yesterday’s close. Silver is expected to … Continue reading →

Posted in Silver | Leave a comment

USD/JPY: Japan retail sales rises in December

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 90.80. On the economic front, Japan’s small business confidence index rose to a reading of 44.3 in January, compared to a reading … Continue reading →

Posted in USD/JPY | Leave a comment