Daily Archives: January 13, 2012

Trading signals for Friday 13-01-2012

Forex, Commodities and Index signals for Friday 13-01-2012 11:00 GMT Continue reading

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Euro’s rebound continued during the Asia session

The euro’s rebound continued during the Asia session, buoyed by yesterday’s rally across Eurozone sovereign bond markets. EURUSD traded 1.2807-1.2873, USDJPY traded 76.69-76.84. Continue reading

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AUD/USD: Aussie rallies on rise in risk appetite

For the 24 hours to 23:00 GMT, AUD strengthened 0.26% against the USD to close at 1.0331, as risk appetite increased, after the European Central Bank (ECB) President announced several positive developments in the Euro zone. In the Asian session, … Continue reading

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USD/CAD: Trading above its MA’s

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0186, after US retail sales increased less-than-forecast and jobless-benefits claims fell, damping demand for riskier assets. In economic news, the New Housing Price Index … Continue reading

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USD/CHF: Swiss Franc advances further

For the 24 hours to 23:00 GMT, USD retreated 1.00% against the CHF and closed at 0.9445. Yesterday in Switzerland, the Finance Minister, Eveline Widmer-Schlumpf, indicated that the nation may not name a permanent successor to Philipp Hildebrand as Central … Continue reading

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USD/JPY: Japanese Yen tad lower this morning

For the 24 hours to 23:00 GMT, USD weakened 0.13% against the JPY and closed at 76.78, following a rise in the US jobless claims. In the US, for the week ended 7 January 2012, initial jobless claims advanced to … Continue reading

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GBP/USD: Dollar broadly lower after weak US data, UK’s PPI data awaited

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5336. In the UK, industrial production retreated 0.6% (MoM) in November, from a revised 1.0% decline in October. Also, manufacturing production fell 0.2% (MoM) … Continue reading

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EUR/USD: Euro moves north on bullish comments from ECB President and successful bond auction

For the 24 hours to 23:00 GMT, EUR advanced 0.83% against the USD and closed at 1.2813, after closely watched Spanish and Italian government debt auctions met strong investor demand at lower yields. The Euro also found support, after European … Continue reading

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Crude Oil: Crude oil fell on disappointing data from the US, trading higher this morning

Oil prices declined 1.68% against the USD for the 24 hour period ending 23:00GMT, closing at 99.27, on weak US economic data and a broadly lower US dollar. In the Asian session, at GMT0400, Crude Oil is trading at 99.67, … Continue reading

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Silver: Trading lower this morning

Silver prices rose 0.75% to USD30.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.77, 1.44% lower from yesterday’s close. Silver is expected to find support at 29.39, and a … Continue reading

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Gold: Yellow metal rose on greenback’s fall, China outlook; trading lower this morning

Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1,648.93 per ounce, as the greenback declined and amid speculation that China may loosen monetary policy. In the Asian session, at GMT0400, Gold … Continue reading

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