Daily Archives: January 31, 2013

Trading signals for Thursday 31-01-2013

Posted on January 31, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 31-01-2013 11:00 GMT Continue reading →

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USD/JPY: Industrial production rises less-than-expected in Japan

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 91.01. Yesterday in the US, Automatic Data Processing, Inc. (ADP) reported that, private sector employment rose by 192,000 jobs in January, compared … Continue reading →

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GBP/USD: GfK consumer confidence index rises in January

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5797, after the Federal Reserve announced it was sticking with loose monetary policies, including its $85 billion monthly bond-purchasing program. In UK, M4 … Continue reading →

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EUR/USD: US Dollar weakened on disappointing US GDP figures, Fed decision

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.61% against the USD and closed at 1.3569, after economic data showed that the US economy contracted in the Q4 FY2012 and as the Federal Reserve announced that it would … Continue reading →

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USD/CHF: US Dollar falls as Federal Reserve stays aggressive

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CHF and closed at 0.9111, as disappointing US GDP data prompted investors to go short on the greenback. On the economic front, Switzerland’s consumption indicator rose … Continue reading →

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AUD/USD: Disappointing US Q4 GDP data continued to weigh on Australian Dollar

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.45% against the USD to close at 1.0416, following news that the US economy contracted in the final three months of 2012. LME Copper prices rose 2.1% or $165.0/MT to … Continue reading →

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USD/CAD: Canadian Dollar continues its previous session losses

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0023. The Canadian Dollar retreated as data showed that the economy of the US, it largest trading partner, unexpectedly shrank in the … Continue reading →

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Crude Oil: Crude Oil trading almost flat this morning

Posted on January 31, 2013 by GCI Financial

  Crude Oil prices advanced 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 97.99, as the US Federal Reserve’s pledge to stick to its bond-buying stimulus plan and upbeat Euro-zone data fuelled optimism about future … Continue reading →

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Silver: Silver extends its previous session gains

Posted on January 31, 2013 by GCI Financial

  Silver prices rose 1.91% to the USD31.99 per ounce during the 24 hours ending 23:00GMT, as traders enlarged their long positions in white metal on firming global trend. In the Asian session, at GMT0400, Silver is trading at 32.10, … Continue reading →

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Gold: Yellow metal shines after US GDP data, Fed meeting

Posted on January 31, 2013 by GCI Financial

  Gold prices traded higher by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1676.15 per ounce, as demand for the safe haven metal increased after the US economy unexpectedly shrank in the Q4 FY2012 and … Continue reading →

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