Monthly Archives: September 2011

Trading signals for Thursday 29-09-2011

Forex, Commodities and Index signals for Thursday 29-09-2011 11:00 GMT Continue reading

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Euro gains before vote

The euro rallied in the Asia session despite limited newsflow as investors await the German Parliament’s EFSF vote Continue reading

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Crude Oil: Oil trading higher in Asian session

Oil prices declined 4.08% against the USD for the 24 hour period ending 23:00GMT, closing at 80.01, after report showed an increase in crude stock piles, raising speculation that fuel demand would falter. The Energy Information Administration reported that oil … Continue reading

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Silver: Trading higher this morning

Silver prices declined 6.74% to USD 29.70 per ounce during the 24 hours ending 23:00GMT, as greenback strengthened. In the Asian session at 3:00GMT, silver is trading at USD 30.48 per ounce, 2.61% higher, from 23:00GMT. The first level of … Continue reading

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Gold: Yellow metal bounces back this morning

Gold prices traded lower by 3.53% against the USD in the 24 hour period ending 23:00GMT, at 1,593.47 per ounce, as investors sold off precious metal, amid lack of clear signals over solution to the European debt crisis. Also, rise … Continue reading

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AUD/USD: Aussie fall on Europe debt woes

For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9928. In Australia, yesterday, the HIA new home sales rose 1.1% (M-o-M) in August compared to 8% decline in July. In the US, the … Continue reading

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USD/CAD: Loonie falls on gloomy global outlook, regains in Asian session

For the 24 hours to 23:00 GMT, USD rose 1.44% against the CAD to close at 1.0348. Canadian dollar declined sharply against the greenback amid decline in commodity prices and amid doubts about the ability of Euro zone to solve … Continue reading

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USD/CHF: Pair showing convergence with its MA’s

For the 24 hours to 23:00 GMT, USD rose 0.48% against the CHF and closed at 0.9010. In the US, for the week ending September 23, the mortgage applications rose 9.3%, following a 0.6% rise in the previous week. In … Continue reading

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USD/JPY: Yen trading flat this morning after yesterday’s surge

For the 24 hours to 23:00 GMT, USD weakened 0.40% against the JPY and closed at 76.55. In Japan, this morning, the retail sales declined 1.7% (M-o-M) in August following a 0.3% decline in the previous month. In the Asian … Continue reading

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GBP/USD: Pound fell on QE speculation, trading higher this morning

For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.5575, amid signs that the Bank of England may adopt more stimulus measures. The pair opened the Asian session at 1.5575, and is trading … Continue reading

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EUR/USD: Euro trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.3539, as investors remained cautious over European policy makers’ ability to solve debt crisis. Officials from the European Commission, the European Central Bank (ECB) … Continue reading

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