Daily Archives: January 19, 2012

Trading signals for Thursday 19-01-2012

Forex, Commodities and Index signals for Thursday 19-01-2012 11:00 GMT Continue reading

Posted in Trading Signals | Leave a comment

AUD and NZD fell after disappointing domestic data releases

Both the AUD and NZD fell after disappointing domestic data releases. Unusually, the euro carried on regardless and further consolidated its recent gains. The possibility of a deal between Greece and private sector bond holders appears to be growing, according to the Financial Times. Continue reading

Posted in Market Snapshot | Leave a comment

Silver: White metal gives up some gains in the Asian session

Silver prices rose 1.67% to USD 1661.54per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.53, 0.07% lower from yesterday’s close. Silver is expected to find support at 29.99, and a … Continue reading

Posted in Silver | Leave a comment

Crude Oil: Crude oil advances on inventory drop

Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 101.48. Late yesterday, the American Petroleum Institute (API) reported that crude-oil inventories, for the week ended January 13, retreated 4.8 million barrels. Meanwhile, gasoline … Continue reading

Posted in Crude Oil | Leave a comment

Gold: Gold extended its gain this morning

Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1661.54per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1664.023, 0.15% higher from yesterday’s close. Gold … Continue reading

Posted in Gold | Leave a comment

AUD/USD: Aussie trading lower on employment report

For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0420. In the Asian session, at GMT0400, the pair is trading at 1.0397, with the AUD trading 0.22% lower from yesterday’s close, after a … Continue reading

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar continues to cement gains this morning

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0113. In its latest monetary report, the Bank of Canada stated that the worsening global economic conditions would hold back the Canadian economy in … Continue reading

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc continues to trade higher this morning

For the 24 hours to 23:00 GMT, USD declined 1.03% against the CHF and closed at 0.9396. Swiss Franc advanced after Switzerland’s economic expectations logged its strongest rise since April 2011. Data released in Switzerland showed that the ZEW index … Continue reading

Posted in USD/CHF | Leave a comment

USD/JPY: Greenback trading lower as IMF move boosts risk appetite

For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 76.79. In economic news, Japan’s industrial output retreated 2.7% (MoM) in November, from an initial estimate of a 2.6% decline recorded earlier. Meanwhile, the … Continue reading

Posted in USD/JPY | Leave a comment

GBPUSD: British Pound continues to rise, despite disappointing economic data

For the 24 hours to 23:00 GMT, GBP rose 0.66 % against the USD and closed at 1.5431, as investors appetite for riskier currency rose, shrugging off the surge in the unemployment rate in the UK. The unemployment rate in … Continue reading

Posted in GBP/USD | Leave a comment

EUR/USD: Euro continues to march northwards, as IMF news boosted risk appetite

For the 24 hours to 23:00 GMT, EUR rose 0.93% against the USD and closed at 1.2859, as risk appetite rose, after the news that the International Monetary Fund has proposed increasing its lending capacity and amid speculation that Greek … Continue reading

Posted in EUR/USD | Leave a comment