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Monthly Archives: February 2011
Losing ground
For the 24 hours to 23:00 GMT, AUD weakened 0.47% against the USD to close at 1.0096. In the Asian session at 4:00GMT, the pair is trading at 1.0083, 0.13% lower from the New York session close. LME Copper prices … Continue reading
Posted in AUD/USD
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USD recoups yesterday’s losses this morning
For the 24 hours to 23:00 GMT, USD declined 0.22% against the CAD to close at 0.9833. In the Asian session at 4:00GMT, the pair is trading at 0.9862, 0.29% higher from the New York session close. The first area … Continue reading
Posted in USD/CAD
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Trading higher on dollar strength
For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9471. In the Asian session, at 4:00GMT, the pair is trading at 0.9490, 0.20% higher from the New York session close. In Switzerland, M3 … Continue reading
Posted in USD/CHF
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Awaiting data releases in Japan
For the 24 hours to 23:00 GMT, USD strengthened 0.06% against the JPY and closed at 83.14. In Japan yesterday, Ministry of Economy, Trade and Industry reported that All Industry Activity Index fell by 0.2% (M-o-M) in December 2010, following … Continue reading
Posted in USD/JPY
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Trading below short term moving averages
For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6226. The pair opened the Asian session at 1.6226, and is trading at 1.6166 at 4.00GMT. The pair is trading 0.37% lower from the … Continue reading
Posted in GBP/USD
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Dollar higher, as Mideast tensions flare, despite robust Euro data
For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3675. In the EU, service sector PMI came in at 57.2 in February & the manufacturing sector at 59.0. In Germany, service sector PMI … Continue reading
Posted in EUR/USD
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Inflation worries ECB
Price action lacked conviction during the Asia session, despite the emergence of a partial agreement at the weekend G20 meeting. EURUSD traded 1.3666-1.3716, USDJPY 83.02-83.19. The G20 agreed on a set of economic indicators that could eventually be used to measure the scale of global imbalances. The list includes public debt and fiscal deficits, private debt and the savings rate, and the trade balance and net investment income flows and transfers. Continue reading
Posted in Market Snapshot
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Sharply higher this morning
Oil prices declined 0.31% against the USD on Friday for the 24 hour period ending 23:00GMT, closing at 86.08. Crude oil futures ended lower on Friday, as investors were cautious ahead of an upcoming contract expiration and a long holiday … Continue reading
Posted in Crude Oil
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Zooms higher
Silver prices rose 2.60% to USD on Friday to 32.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 33.02 per ounce, 1.30% higher, from 23:00GMT. The first level of … Continue reading
Posted in Silver
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Continues to rises sharply
Gold prices traded higher by 0.28% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,387.72 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,395.15 per ounce, 0.54% higher from 23:00GMT. … Continue reading
Posted in Gold
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Has given up some gains this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD on Friday to close at 1.0146. In the Asian session at 4:00GMT, the pair is trading at 1.0124, 0.22% lower from the New York session close. LME … Continue reading
Posted in AUD/USD
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