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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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Daily Archives: November 18, 2011
Trading signals for Friday 18-11-2011
Forex, Commodities and Index signals for Friday 18-11-2011 11:00 GMT Continue reading
Posted in Trading Signals
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Risk-sentiment still low
Although G10 FX markets were relatively range-bound during the Asia session, local equities followed US stocks lower. New York Fed President Dudley said the euro is certain to survive the crisis. There was a general lack of commentary about the Eurozone itself though new Italian Prime Minister Monti has cleared a first hurdle by passing a confidence vote in the Italian senate. Continue reading
Posted in Market Snapshot
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Crude Oil: Trading tad higher after yesterday’s sharp fall
Oil prices declined 3.07% against the USD for the 24 hour period ending 23:00GMT, closing at 98.61, on future demand worries, after weak Spanish and French government debt auctions underlined concerns that Europe’s debt crisis was worsening. In the Asian … Continue reading
Posted in Crude Oil
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Silver: Silver slips more than 5%, continues to trade lower
Silver prices declined 5.49% to USD 31.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.50, 0.78% lower from yesterday’s close. Silver is expected to find support at 30.32, and … Continue reading
Posted in Silver
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Gold: Gold fell more than 2% on Euro-zone debt contagion fears, trading higher this morning
Gold prices traded lower by 2.19% against the USD in the 24 hour period ending 23:00GMT, at 1,722.77 per ounce, as concerns that the Euro-zone’s ongoing debt crisis was worsening prompted investors to liquidate gold positions. Meanwhile, the World Gold … Continue reading
Posted in Gold
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AUD/USD: Australian dollar slide on lingering concerns over Europe, trading higher this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.68% against the USD to close at 1.0004, on lingering concerns over the debt problems in the Euro-zone economies. In the Asian session, at GMT0400, the pair is trading at 1.0013, … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading flat in Asian session, investors await CPI data in Canada
For the 24 hours to 23:00 GMT, USD rose 0.38% against the CAD to close at 1.0284. In Canadian economic news, the foreign investments in Canadian securities rose C$7.4 billion in September, compared to C$8.22 billion in August. Meanwhile, the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.13% against the CHF and closed at 0.9213. The Swiss Franc fell after an official data indicated a decline in economic expectations for Switzerland in November. In Switzerland, the ZEW Economic … Continue reading
Posted in USD/CHF
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USD/JPY: Pair trading below its MA’s
For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 76.97. Yesterday, the Bank of Japan (BoJ), in its monthly report, stated that exports and production are expected to be more or less flat … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound extends its previous session gains amid upbeat UK retail sales data
For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5759, following reports showing strong UK retail sales data. On an annual basis, the retail sales in the UK rose 0.9% in October, following … Continue reading
Posted in GBP/USD
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EUR/USD: Euro continues to rise despite rising Italian, Spanish yields
For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3470, as relatively upbeat U.S. economic boosted appetite for riskier assets. Meanwhile investors remained concerned over unsustainable borrowing costs in Italy. Spanish and French … Continue reading
Posted in EUR/USD
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