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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: September 1, 2011
Silver: Trading flat this morning
Silver prices rose 0.82% to USD41.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD41.63 per ounce, 0.05% higher, from 23:00GMT. The first level of short term resistance on the … Continue reading
Posted in Silver
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Gold: Gold backpedals
Gold prices traded lower by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1,825.79 per ounce. In the Asian session at 3:00GMT, gold is trading at USD1,824.95 per ounce, 0.05% lower from 23:00GMT. The pair is … Continue reading
Posted in Gold
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Crude Oil: Crude gains on US gasoline drawdown
Oil prices advanced 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 88.70, after a government report showed a sharp drop in gasoline stockpiles last week thereby outweighing the impact of surging oil inventories. The US … Continue reading
Posted in Crude Oil
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AUD/USD: Retail data push Australian dollar higher
For the 24 hours to 23:00 GMT, AUD strengthened 0.22% against the USD to close at 1.0673, amid positive Australian retail sales data. In economic news, the Australian Industry Group (AIG) reported that its performance of manufacturing index declined by … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar trading higher in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.09% against the CAD to close at 0.9778. In the US, the Institute for Supply Management – Chicago reported that its business barometer fell to 56.5 in August, from 58.8 in … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading flat this morning, investors awaits GDP and PMI data in Switzerland
For the 24 hours to 23:00 GMT, USD declined 1.54% against the CHF and closed at 0.8066. In economic news, Automatic Data Processing, Inc. indicated that the private sector employment in the US advanced by 91,000 jobs in August, from … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback gains versus Japanese Yen
For the 24 hours to 23:00 GMT, USD strengthened 0.04% against the JPY and closed at 76.75, following better than anticipated US factory orders data. New orders for manufactured goods in the US climbed 2.4% (MoM) to $453.2 billion in … Continue reading
Posted in USD/JPY
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Trading signals for Thursday 01-09-2011
Forex, Commodities and Index signals for Thursday 01-09-2011 11:00 GMT Continue reading
Posted in Trading Signals
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GBP/USD: Pound continues its downfall in the Asian session, Investors awaits UK’s PMI data
For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.6244, as demand for the greenback was bolstered by robust US factory orders and better than expected Chicago-area business sentiment data. In the US, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro declined despite Merkel approves draft legislation for euro-rescue fund, trading tad higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.44% against the USD and closed at 1.4371. German Chancellor Angela Merkel’s cabinet approved on Wednesday a modified plan of the euro zone rescue fund. European leaders agreed at the summit … Continue reading
Posted in EUR/USD
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