Daily Archives: February 20, 2013

Trading signals for Wednesday 20-02-2013

Posted on February 20, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 20-02-2013 11:00 GMT Continue reading →

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EUR/USD: Euro gained on upbeat German, Euro-zone economic sentiment data

Posted on February 20, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3395, as investors ditched the safe haven greenback and opted for the higher yielding single currency after the German and the Euro-zone’s economic sentiment … Continue reading →

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GBP/USD: Pound trading higher ahead of the BoE minutes

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.33% against the USD and closed at 1.5427. In the Asian session, at GMT0400, the pair is trading at 1.5443, with the GBP trading 0.1% higher from yesterday’s close, as … Continue reading →

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USD/JPY: Doubts over monetary outlook lends helping hand to Yen

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.10% against the JPY and closed at 93.71. On the Japanese economic front, the leading economic index rose to a reading of 93.4 in December, following a downwardly revised … Continue reading →

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USD/CAD: Disappointing Canadian wholesale sales cast shadow on the local currency

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0119. The Canadian Dollar weakened as a drop in Canadian wholesale sales in December added to concerns over the outlook for the … Continue reading →

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AUD/USD: Australian Dollar continues to capitalize on latest RBA minutes

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 1.0347, following the release of more positive Reserve Bank of Australia’s (RBA) minutes than had been anticipated. The minutes indicated that the bank … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the ZEW survey expectations data

Posted on February 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9222. Yesterday, the Switzerland National Bank (SNB) Chairman, Thomas Jordan reiterated his stance that the central bank would not exit its policy … Continue reading →

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Crude Oil: Oil lifted by better-than-expected German economic data, trading lower in the Asian session

Posted on February 20, 2013 by GCI Financial

  Crude Oil prices advanced 1.30% against the USD for the 24 hour period ending 23:00GMT, closing at 96.72, as investor sentiment improved following the release of upbeat German economic sentiment data. In the Asian session, at GMT0400, Crude Oil … Continue reading →

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Silver: White metal dropped on shrinking demand, trading higher in the Asian session

Posted on February 20, 2013 by GCI Financial

  Silver prices fell 1.82% to the USD29.44 per ounce during the 24 hours ending 23:00GMT, amid sluggish industrial demand and reduced off-take by traders. In the Asian session, at GMT0400, Silver is trading at 29.57, 0.44% higher from yesterday’s … Continue reading →

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Gold: Yellow metal retreated on profit booking, trading higher this morning

Posted on February 20, 2013 by GCI Financial

  Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1605.25 per ounce, as profit booking prevailed among gold traders amid signs that global financial strains are easing. In the Asian session, … Continue reading →

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