Daily Archives: February 27, 2013

Trading signals for Wednesday 27-02-2013

Posted on February 27, 2013 by GCI Financial

Forex, Commodities and Index signals for Wednesday 27-02-2013 11:00 GMT Continue reading →

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GBP/USD: Comments from BoE policymakers saps Sterling demand

Posted on February 27, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5130. The Bank of England Deputy Governor, Paul Tucker stated that he is open to support more quantitative easing depending on the outlook for … Continue reading →

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EUR/USD: Fed Chairman Ben Bernanke strongly defends bond-buying programme

Posted on February 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3067. Earlier the Euro came under pressure, as market angst about the Euro-zone debt crisis situation re-emerged, after Italian elections served up a … Continue reading →

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USD/JPY: Japanese retail sales declined in January

Posted on February 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 92.13. The Japanese Yen found support, after small business confidence index in Japan advanced to a reading of 46.0 in February, from … Continue reading →

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USD/CHF: Switzerland’s employment level fell in Q4 2012

Posted on February 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9316. On the economic front, Switzerland’s employment level declined to 4.116 million in the Q4 2012, from 4.122 million registered in the … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on February 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0257. In the Asian session, at GMT0400, the pair is trading at 1.0259, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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AUD/USD: Disappointing construction data in Australia cast a shadow on the local currency

Posted on February 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.37% against the USD to close at 1.0233, as risk appetite waned after Italian parliamentary elections failed to produce a clear winner, raising prospects of extended political uncertainty in the … Continue reading →

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Crude Oil: Oil lifted by positive US economic data; trading lower this morning

Posted on February 27, 2013 by GCI Financial

  Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 92.73, as upbeat US consumer confidence and new home sales data helped lift investor sentiment. Late Tuesday, the American Petroleum Institute reported … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 27, 2013 by GCI Financial

  Silver prices rose 1.45% to the USD29.39 per ounce during the 24 hours ending 23:00GMT, as better-than-expected US economic data improved prospects for industrial metals. In the Asian session, at GMT0400, Silver is trading at 29.28, 0.37% lower from … Continue reading →

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Gold: Yellow metal prices improved following Ben Bernanke comments, trading lower this morning

Posted on February 27, 2013 by GCI Financial

  Gold prices traded higher by 1.31% against the USD in the 24 hour period ending 23:00GMT, at 1613.74 per ounce, as the safe haven metal’s appeal increased after the Federal Reserve Chairman, Ben Bernanke downplayed the possibility of inflationary … Continue reading →

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