Daily Archives: February 13, 2013

Trading signals for Wednesday 13-02-2013

Posted on February 13, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 13-02-2013 11:00 GMT Continue reading →

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EUR/USD: Euro advanced as G7 pledged not to engage in currency devaluations; trading lower this morning

Posted on February 13, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3453, after the G7 pledged not to engage in currency devaluations, thereby easing investor fears that the European Central Bank would react to recent … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on February 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.0017. In testimony before the House of Commons Finance Committee, the Bank of Canada Governor, Mark Carney yesterday reiterated his stance that … Continue reading →

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USD/CHF: Swiss consumer prices eased in January

Posted on February 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CHF and closed at 0.9167. Yesterday, Switzerland’s consumer prices slipped 0.3% (YoY) in January, in line with market expectations and following a 0.4% drop in December. … Continue reading →

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USD/JPY: Yen rises on positive economic data in Japan

Posted on February 13, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.93% against the JPY and closed at 93.32. The Yen strengthened against the dollar after a G7 official stated that the group’s statement was misinterpreted and was intended to signal … Continue reading →

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AUD/USD: Aussie gains on upbeat consumer confidence data

Posted on February 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.74% against the USD to close at 1.0337, following a rise in the National Australia Bank’s business confidence and conditions index for January. LME Copper prices declined 0.2% or $16.8/MT … Continue reading →

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GBP/USD: Pound trading higher ahead of the Bank of England quarterly inflation report

Posted on February 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5677, as the greenback weakened after the G7 industrial nations stated that countries should not use monetary policy to actively weaken their currencies. … Continue reading →

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Crude Oil: Crude Oil gained after OPEC raised demand outlook

Posted on February 13, 2013 by GCI Financial

  Crude Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 97.56, after the US Energy Information Administration (EIA) stated that the world oil demand would increase faster than previously expected in 2013 … Continue reading →

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Silver: White metal trading above its MA’s

Posted on February 13, 2013 by GCI Financial

  Silver prices rose 0.94% to the USD31.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.18, marginally lower from yesterday’s close. Silver is expected to find support at 30.77, … Continue reading →

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Gold: Yellow metal advanced on G7 policy warning, trading lower this morning

Posted on February 13, 2013 by GCI Financial

  Gold prices traded higher by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1652.85 per ounce, as the greenback weakened after the G7 nations stated that they want to allow markets to determine exchange rates … Continue reading →

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