Monthly Archives: September 2011

Trading signals for Friday 23-09-2011

Forex, Commodities and Index signals for Friday 23-09-2011 11:00 GMT Continue reading

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Mixed G20 Messages

The IMF meetings are in full swing in Washington, with the focus on how the wider G20 can contribute to resolving the sovereign debt crisis in the Eurozone. So far messages have been mixed Continue reading

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USD/CHF: Swiss Franc eased as economic expectations fell in Switzerland, trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.94% against the CHF and closed at 0.9078. In Switzerland, the Center for European Economic Research (ZEW) and Credit Suisse indicated that Economic Expectations Index declined to -75.7 in September, from … Continue reading

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USD/JPY: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 76.30. In the US, for the week ended 17 September 2011, initial jobless claims fell to 423,000, compared to the previous week’s revised figure … Continue reading

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USD/CAD: Tumbling oil prices kept Loonie lower, trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 2.16% against the CAD to close at 1.0280. Loonie declined against the greenback as drop in the oil prices and signs of slowing growth in China and Germany encouraged investors to … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 2.58% against the USD to close at 1.0004. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9808, 1.96% lower from yesterday’s close at 23:00 GMT, after the … Continue reading

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GBP/USD: Pound fell amid high risk aversion yesterday, trading higher this morning

For the 24 hours to 23:00 GMT, GBP fell 0.94% against the USD and closed at 1.5364. In the UK, Confederation of British Industry (CBI) reported that the order book balance declined to -9.0% (M-o-M) in September, from 1.0% in … Continue reading

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EUR/USD: EUR declined amid risk aversion, trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 0.76% against the USD and closed at 1.3480, as poor economic data from China and the eurozone, coupled with renewed worries about the global economic slowdown, spurred investors to sell riskier … Continue reading

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Crude Oil: Oil plummets amid growth concerns and as markets tumble, trading higher in the Asian session

Oil prices declined 4.92% against the USD for the 24 hour period ending 23:00GMT, closing at 80.58, as investors sold off commodities as a decline in the financial markets further intensified worries that oil demand would falter. At GMT 0300, … Continue reading

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Silver: White metal plunged more than 9% yesterday, trading marginally higher this morning

Silver prices declined 9.04% to USD 36.14 per ounce during the 24 hours ending 23:00GMT, amid pressure from a soaring dollar and renewed recessionary fears. In the Asian session at 3:00GMT, silver is trading at USD 36.17 per ounce, slightly … Continue reading

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Gold: Trading higher after yesterday’s sharp decline

Gold prices traded lower by 2.40% against the USD in the 24 hour period ending 23:00GMT, at 1,741.13 per ounce, amid a rally in the US dollar, which dampened demand for metals. In the Asian session at 3:00GMT, gold is … Continue reading

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