Monthly Archives: January 2013

USD/CHF: Swiss Franc trading above its MA’s

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9295. Yesterday, the Swiss National Bank Vice-Chairman, Jean-Pierre Danthine, stated that central bank cannot easily adjust its cap on the Swiss Franc’s … Continue reading →

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USD/CAD: Loonie trading lower ahead of the Canadian CPI data due today

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.0025, as investor optimism on the economy continued to be impacted a day after the Bank of Canada reduced its growth forecast … Continue reading →

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AUD/USD: Aussie reverses its previous session losses

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.86% against the USD to close at 1.0444, despite positive Chinese manufacturing data. LME Copper prices declined 1.0% or $79.5/MT to $8035.8/MT. Aluminium prices declined 1.0% or $20.5/MT to $2026.8/MT. … Continue reading →

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Crude Oil: Oil gained amid positive global economic news, trading lower this morning

Posted on January 25, 2013 by GCI Financial

  Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, buoyed by strong economic data from China, the Euro-zone and the US. Yesterday, the US Energy Information Administration reported that gasoline … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on January 25, 2013 by GCI Financial

  Silver prices declined 1.62% to the USD31.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.62, 0.25% lower from yesterday’s close. Silver is expected to find support at 31.39, … Continue reading →

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Gold: Gold declined as profit booking prevailed among investors

Posted on January 25, 2013 by GCI Financial

  Gold prices traded lower by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1669.00 per ounce, as investors booked profit. In the Asian session, at GMT0400, Gold is trading at 1668.65, marginally lower from yesterday’s … Continue reading →

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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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