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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
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: September 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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