Daily Archives: September 26, 2011

Trading signals for Monday 26-09-2011

Forex, Commodities and Index signals for Monday 26-09-2011 11:00 GMT Continue reading

Posted in Trading Signals | Leave a comment

Debt fears damage Euro

The euro has started the week sharply lower as there was a clear lack of initiative at the weekend meetings in Washington. Continue reading

Posted in Market Snapshot | Leave a comment

Crude Oil: Oil continues its downward trend on European debt outlook‎

Oil prices declined 0.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 80.19, after the Group of 20 nations meeting on Friday failed to ease concerns over the European debt crisis, raising speculation that … Continue reading

Posted in Crude Oil | Leave a comment

Silver: Silver plunges more than 14% on Friday, trading lower again this morning

Silver prices declined 14.31% to USD 30.97 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 29.61 per ounce, 4.38% lower, from Friday’s 23:00GMT. The first level of … Continue reading

Posted in Silver | Leave a comment

Gold: Gold extended its losses in the Asian session

Gold prices traded lower by 5.26% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,649.57 per ounce, as the greenback strengthened. In the Asian session at 3:00GMT, gold is trading at USD 1,635.95 per ounce, … Continue reading

Posted in Gold | Leave a comment

USD/CAD: Loonie down on Greece concerns and recession fears

For the 24 hours to 23:00 GMT, USD rose 0.19% against the CAD, on Friday, to close at 1.0299. Canadian dollar declined against USD, as concerns of a Greek default and festering concerns over a possible recession weighed on investor … Continue reading

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie continues to slip on euro-zone concerns

For the 24 hours to 23:00 GMT, AUD weakened 1.75% against the USD, on Friday, to close at 0.9829. The Standard & Poor’s Ratings Services affirmed Australia’s long-term AAA credit rating amid the country’s economic resilience, public policy stability and … Continue reading

Posted in AUD/USD | Leave a comment

USD/CHF: Swiss Franc trading lower after Friday’s rise

For the 24 hours to 23:00 GMT, USD declined 0.25% against the CHF, on Friday, and closed at 0.9055. In the Asian session, at 3:00GMT, the USD is trading at 0.9099, 0.49% higher versus Swiss Franc, from Friday’s close at … Continue reading

Posted in USD/CHF | Leave a comment

GBP/USD: Pair converging with its MA’s

For the 24 hours to 23:00 GMT, GBP rose 0.74% against the USD, on Friday, and closed at 1.5477. In the UK, the British Bankers’ Association reported that the number of loans approved for house purchases increased to 35,226 in … Continue reading

Posted in GBP/USD | Leave a comment

USD/JPY: Yen trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.50% against the JPY, on Friday, and closed at 76.68. In the Asian session at 3:00GMT, the dollar is trading lower against yen from Friday’s close at 23:00 GMT, by 0.33%, … Continue reading

Posted in USD/JPY | Leave a comment

EUR/USD: Euro trading lower on debt concerns

For the 24 hours to 23:00 GMT, EUR rose 0.19% against the USD, on Friday, and closed at 1.3505. The Finance ministers and Central Bank governors of the Group of 20 major economies stated that they would work in a … Continue reading

Posted in EUR/USD | Leave a comment