Daily Archives: February 7, 2013

Trading signals for Thursday 07-02-2013

Posted on February 7, 2013 by GCI Financial

Forex, Commodities and Index signals for Thursday 07-02-2013 11:00 GMT Continue reading →

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GBP/USD: Mark Carney’s speech, BoE policy meeting takes center stage

Posted on February 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5663, as the Lloyds Banking Group’s Halifax division indicated that house prices in the UK decreased 0.2% (MoM) in January, in line with … Continue reading →

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EUR/USD: Euro continues to be pressured ahead of the ECB meeting

Posted on February 7, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.44% against the USD and closed at 1.3523, as investors fretted that European Central Bank (ECB) President, Mario Draghi, could express concerns over the impact of the Euro’s recent gains on … Continue reading →

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USD/JPY: Machinery orders in Japan unexpectedly rise in December

Posted on February 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 93.44. Yesterday, the Bank of Japan (BoJ) policy board member, Takehiro Sato stated that, the developments in exchange rate impact prices substantially, … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on February 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9102. In the Asian session, at GMT0400, the pair is trading at 0.9101, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Loonie trading lower as investors trade cautiously ahead of the ECB meeting

Posted on February 7, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9957. Yesterday, the Richard Ivey School of Business reported that, business activity in Canada improved significantly in January. In the Asian session, at … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on February 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.70% against the USD to close at 1.0317. Late yesterday, the Australian Industry Group’s Performance of Construction Index declined to a reading of 36.2 in January, compared to a reading … Continue reading →

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Crude Oil: Crude Oil trading slightly lower this morning

Posted on February 7, 2013 by GCI Financial

  Crude Oil prices advanced 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82. Yesterday, the US Energy Information Administration reported that, for the week ended February 1, crude supplies rose 2.6 million barrels, compared … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 7, 2013 by GCI Financial

  Silver prices rose marginally to the USD31.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.86, marginally higher from yesterday’s close. Silver is expected to find support at 31.68, … Continue reading →

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Gold: Trading tad higher this morning

Posted on February 7, 2013 by GCI Financial

  Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1677.80 per ounce. In the Asian session, at GMT0400, Gold is trading at 1679.03, marginally higher from yesterday’s close. Gold is expected … Continue reading →

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