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Daily Archives: December 14, 2011
Trading signals for Wednesday 14-12-2011
Forex, Commodities and Index signals for Wednesday 14-12-2011 11:00 GMT Continue reading
Posted in Trading Signals
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The euro’s slide south continued overnight
The euro’s slide south continued overnight amid fresh doubts over the summit’s results and implementation strategy. While a headline that the German Chancellor was ruling out raising the upper limits of ESM funding (according to coalition sources) led to some selling, the move was largely option barrier and stop-loss related initially. Continue reading
Posted in Market Snapshot
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USD/CAD: Greenback rose on Fed announcement and Euro-zone fears
For the 24 hours to 23:00 GMT, USD rose 0.64% against the CAD to close at 1.0337, after the Federal Reserve dismissed the possibility of fresh monetary easing. Meanwhile, the reports that German Chancellor, Angela Merkel opposed strengthening a bailout … Continue reading
Posted in USD/CAD
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AUD/USD: Trading flat this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0012, as lingering concerns about Europe’s sovereign debt crisis weighed on risk appetite. In the Asian session, at GMT0400, the pair is trading at … Continue reading
Posted in AUD/USD
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USD/CHF: Swiss Franc trading steady in Asian session
For the 24 hours to 23:00 GMT, USD rose 0.79% against the CHF and closed at 0.9452, after Swiss government cut its economic growth for next year. The Swiss State Secretariat for Economic Affairs lowered the nation’s Gross Domestic Product … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading flat in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 0.04% against the JPY and closed at 77.97. In the Asian session, at GMT0400, the pair is trading at 77.96, with the USD trading flat from yesterday’s close. The pair is … Continue reading
Posted in USD/JPY
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GBP/USD: Pound continues its southward journey, UK employment data awaited
For the 24 hours to 23:00 GMT, GBP fell 0.60% against the USD and closed at 1.5489. In the UK, the Consumer Price Index (CPI) rose 4.8% (YoY) in November, compared to 5.0% in the previous month. The retail price … Continue reading
Posted in GBP/USD
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EUR/USD: Euro continues to trade lower
For the 24 hours to 23:00 GMT, EUR declined 1.04% against the USD and closed at 1.3039, after reports that German Chancellor, Angela Merkel rejected raising the upper limit of funding for Europe’s permanent bailout mechanism. Angela Merkel told coalition … Continue reading
Posted in EUR/USD
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Crude Oil: Crude Oil advanced amid supply concerns, trading lower this morning
Oil prices advanced 2.33% against the USD for the 24 hour period ending 23:00GMT, closing at 100.10, amid concerns over supply disruption following reports that Iran could hold military drills next to a key oil-shipping channel. Late Tuesday, the American … Continue reading
Posted in Crude Oil
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Silver: Trading higher this morning
Silver prices declined 1.83% to USD 30.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.96, 0.72% higher from yesterday’s close. Silver is expected to find support at 30.25, and … Continue reading
Posted in Silver
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Gold: Gold fell on dollar rally, trading higher this morning
Gold prices traded lower by 2.24% against the USD in the 24 hour period ending 23:00GMT, at 1,628.78 per ounce, as the dollar surged after the US Federal Reserve meeting offered no new stimulus. In the Asian session, at GMT0400, … Continue reading
Posted in Gold
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