Daily Archives: September 19, 2011

Trading signals for Monday 19-09-2011

Forex, Commodities and Index signals for Monday 19-09-2011 11:00 GMT Continue reading

Posted in Trading Signals | Leave a comment

Concerns about the situation in Greece continue

The euro continued to suffer on Monday during the Asia session concerns mount over the situation in Greece. With another EUR8bn in funding by the Troika witheld and Greece’s current cash running out, investors appear willing to price in a greater chance of default. Prime Minister Papandreou cancelled a planned trip to the US stating the need to remain in the country as talks with the troika resume. Continue reading

Posted in Market Snapshot | Leave a comment

USD/CAD: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, USD declined 0.47% against the CAD, on Friday, to close at 0.9795. Canadian dollar rose against the greenback after a report showed greater-than-forecasted purchases of Canadian securities by foreign investors. The foreign investment … Continue reading

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie backpedals this morning after Friday’s surge

For the 24 hours to 23:00 GMT, AUD strengthened 1.30% against the USD, on Friday, to close at 1.0340. In the Asian session at 3:00GMT, the Australian Dollar is trading at 1.0254, 0.83% lower from Friday’s close. LME Copper prices … Continue reading

Posted in AUD/USD | Leave a comment

USD/CHF: Swiss Franc extended its losses in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.77% against the CHF, on Friday, and closed at 0.8769. In the Asian session, at 3:00GMT, the USD is trading at 0.8822, 0.60% higher versus Swiss Franc, from Friday’s close at … Continue reading

Posted in USD/CHF | Leave a comment

Crude Oil: Crude continues to decline on European debt‎ crisis

Oil prices declined 1.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 87.97, amid concerns that the European leaders have not taken sufficient steps to control the region’s debt crisis. At GMT 0300, Oil … Continue reading

Posted in Crude Oil | Leave a comment

USD/JPY: Yen trading lower this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.14% against the JPY, on Friday, and closed at 76.84, after consumer sentiment index in the US advanced in September. In the US, the Thomson Reuters/University of Michigan reported that the … Continue reading

Posted in USD/JPY | Leave a comment

Silver: White metal zooms higher

Silver prices rose 2.16% to USD 40.66 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.73 per ounce, 0.16% higher, from Friday’s close. The first level of … Continue reading

Posted in Silver | Leave a comment

GBP/USD: British Pound trading lower in the Asian session

For the 24 hours to 23:00 GMT, GBP traded flat against the USD, on Friday, and closed at 1.5797. In the UK, this morning, the house price index rose 0.7% (M-o-M) in September, following a 2.1% drop recorded in August. … Continue reading

Posted in GBP/USD | Leave a comment

EUR/USD: Euro continues to trade lower

For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD, on Friday, and closed at 1.3784, as investors concerns grew over Europe’s fumbling attempts to solve the eurozone debt crisis and awaited a meeting of the Federal … Continue reading

Posted in EUR/USD | Leave a comment

Gold: Yellow metal continues to shine this morning

Gold prices traded higher by 1.26% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,811.68per ounce, as investors sought safe-haven assets, amid continuing concerns over the eurozone’s sovereign debt crisis. In the Asian session at … Continue reading

Posted in Gold | Leave a comment