Daily Archives: February 1, 2013

Trading signals for Friday 01-02-2013

Posted on February 1, 2013 by GCI Financial

Forex, Commodities and Index signals for Friday 01-02-2013 11:00 GMT Continue reading →

Posted in Trading Signals | Leave a comment

EUR/USD: Euro heading northwards

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.32% against the USD and closed at 1.3612, despite disappointing data from the Europe. Economic data from Germany indicated that the nation’s retail sales declined 1.7% (MoM) in December, compared … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Pound trading higher this morning

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5869, amid positive UK economic data. Yesterday, UK’s GfK consumer confidence index rose to a reading of -26.0 in January, compared to a … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Japanese unemployment rate rises in December

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.79% against the JPY and closed at 91.73. In the Asian session, at GMT0400, the pair is trading at 92.13, with the USD trading 0.44% higher from yesterday’s close. … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc trading lower this morning

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9092. In the Asian session, at GMT0400, the pair is trading at 0.9104, with the USD trading 0.13% higher from yesterday’s close. … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Loonie advanced amid upbeat Canadian GDP figures

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD to close at 0.9969. The Canadian Dollar gained following a stronger-than-expected gross domestic product data in Canada. Yesterday, Canada’s gross domestic product grew 0.3% (MoM) … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie drops after China manufacturing data disappoints and as Australia’s PPI eases

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0431. Late yesterday, the Australia Industry Group’s performance of manufacturing index retreated to a reading of 40.2 in January, the lowest level since … Continue reading →

Posted in AUD/USD | Leave a comment

Crude Oil: Crude oil slips further on disappointing Chinese PMI

Posted on February 1, 2013 by GCI Financial

  Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 97.54, as risk appetite decreased among investors after disappointing weekly jobless claims in the US. In the Asian session, at GMT0400, Crude … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver prices continues to drop in the Asian session

Posted on February 1, 2013 by GCI Financial

  Silver prices declined 1.64% to the USD31.47 per ounce during the 24 hours ending 23:00GMT. Yesterday, a leading broking house lowered its forecast for silver prices in 2013, stating that the interest in silver has been limited in the … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal declines as Chinese PMI disappoints

Posted on February 1, 2013 by GCI Financial

  Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1664.32 per ounce. Yesterday, a leading broker lowered its 2013 price forecast for gold to $1790 per ounce from $1865, while retaining … Continue reading →

Posted in Gold | Leave a comment