Monthly Archives: January 2013

USD/CHF: US dollar trading higher this morning

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 1.31% against the CHF and closed at 0.9142. In the US, the Federal Reserve Bank of Minneapolis President, Narayana Kocherlakota stated that, the central bank’s current monetary policy is too … Continue reading →

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USD/JPY: US dollar trading lower in the Asian session

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 1.34% against the JPY and closed at 89.31. Yesterday, Japan’s leading index retreated to a reading of 91.9 in November, from a reading of 92.8 in October. Additionally, the coincident … Continue reading →

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GBP/USD: Pound gained as the BoE left interest rates at 0.50%; trading lower in the Asian session

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.94% against the USD and closed at 1.6164, after the Bank of England left its monetary policy unchanged. The Monetary Policy Committee of the Bank of England (BoE) headed by Governor, … Continue reading →

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EUR/USD: Euro gained as ECB unanimously left rates unchanged; trading lower this morning

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.68% against the USD and closed at 1.3273, after the European Central Bank (ECB) left its benchmark interest rate unchanged at 0.75% in January, in line with market expectations, following the … Continue reading →

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Silver: White metal moving southwards this morning

Posted on January 11, 2013 by GCI Financial

Silver prices rose 1.60% to the USD30.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.83, marginally lower from yesterday’s close. Silver is expected to find support at 30.46, and … Continue reading →

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Gold: Gold trading flat following yesterday’s gains

Posted on January 11, 2013 by GCI Financial

Gold prices traded higher by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1673.95 per ounce, as the dollar weakened against most of its trading counterparts. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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Crude Oil: Crude Oil gained amid upbeat Chinese trade data and declining Saudi output levels

Posted on January 11, 2013 by GCI Financial

Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 94.07, amid news that top world oil exporter, Saudi Arabia had reduced production in response to declining demand and after data released yesterday … Continue reading →

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Trading signals for Thursday 10-01-2013

Posted on January 10, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 10-01-2013 11:00 GMT Continue reading →

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EUR/USD: Euro trading lower as investors await the ECB policy meeting later today

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3053, as investors remained cautious ahead of a European Central Bank meeting later today. However, the European Union President, Herman Van Rompuy stated … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE interest rate decision

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6015, as the narrowing trade deficit failed to shrug off the prevailing weakness in Pound following a recent raft of disappointing economic releases. … Continue reading →

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USD/JPY: Japan’s official reserve assets decline

Posted on January 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.38% against the JPY and closed at 88.12. In the Asian session, at GMT0400, the pair is trading at 88.12, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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