Daily Archives: February 6, 2013

Trading signals for Wednesday 06-02-2013

Posted on February 6, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 06-02-2013 11:00 GMT Continue reading →

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EUR/USD: Euro gained amid upbeat European economic data; trading lower this morning

Posted on February 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.54% against the USD and closed at 1.3583, following upbeat Euro-zone and German services PMI data. In the Euro-zone, the final services PMI climbed to a reading of 48.6 in … Continue reading →

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GBP/USD: BRC shop price inflation eased in January

Posted on February 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.58% against the USD and closed at 1.5666. However, UK’s seasonally adjusted service purchasing managers’ index (PMI) advanced to 51.5 in January, from 48.9 in the previous month. In the … Continue reading →

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USD/JPY: Yen retreated amid expectations for further easing measures by the BoJ

Posted on February 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.54% against the JPY and closed at 93.59. The Yen weakened as the Governor Masaaki Shirakawa’s announcement that, he would resign from the Bank of Japan’s (BoJ) current post … Continue reading →

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USD/CHF: Swiss trade surplus narrowed in December

Posted on February 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9080. In Switzerland, trade surplus narrowed to CHF1.030 billion in December, from a revised CHF2.905 billion surplus in November. Analysts had expected … Continue reading →

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USD/CAD: Canadian Dollar reverses its previous session gains

Posted on February 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 0.9957. The greenback came under pressure, as overall risk appetite increased after the release of upbeat Euro-zone and US service sector data. … Continue reading →

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AUD/USD: Australian retail sales fell in December

Posted on February 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.49% against the USD to close at 1.0390, after the Reserve Bank of Australia signaled the possibility for fresh easing measures. LME Copper prices rose 0.2% or $16.5/MT to $8242.3/MT. … Continue reading →

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Crude Oil: US crude stockpiles rose: API

Posted on February 6, 2013 by GCI Financial

  Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64, as positive services PMI data from the Euro-zone, Germany and UK coupled with reports that US budget deficit estimates dropped below … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 6, 2013 by GCI Financial

  Silver prices rose 0.19% to the USD31.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.79, 0.12% lower from yesterday’s close. Silver is expected to find support at 31.57, … Continue reading →

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Gold: Precious metal trading tad higher in the Asian session

Posted on February 6, 2013 by GCI Financial

  Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1672.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1673.35, marginally higher from yesterday’s close. Gold is expected … Continue reading →

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