Daily Archives: January 20, 2012

Trading signals for Friday 20-01-2012

Forex, Commodities and Index signals for Friday 20-01-2012 11:00 GMT Continue reading

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The euro continues its rebound

The euro continued its rebound on Thursday, trading in a 1.2839-1.2972 range against the dollar, on the back of strong auction results and hopes of a satisfactory conclusion to PSI talks in Greece. Spanish and French auctions were taken favorably by the markets and the euro pushed higher in the European session. Continue reading

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Crude Oil: Trading tad above $100 per barrel

Oil prices declined 1.07% against the USD for the 24 hour period ending 24:00GMT, closing at 100.39, after a report on US oil stockpiles suggested weaker fuel demand globally. According to the Energy Department, US gasoline consumption fell 2.2% to … Continue reading

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Silver: Silver gives up some gains this morning

Silver prices rose 0.23% to USD 30.62 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.59, 0.1% lower from yesterday’s close. Silver is expected to find support at 30.33, and … Continue reading

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Gold: Gold continues to lose shine in the Asian session

Gold prices traded lower by 0.26% against the USD in the 24 hour period ending 24:00GMT, at 1657.24 per ounce, as the safe-haven appeal of the metal was reduced following the release of bigger-than-expected decline in US jobless claims. In … Continue reading

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AUD/USD: Aussie extended its losses in Asian session

For the 24 hours to 23:00 GMT, AUD weakened slightly against the USD to close at 1.0418. In the Asian session, at GMT0400, the pair is trading at 1.0407, with the AUD trading 0.11% lower from yesterday’s close. This morning … Continue reading

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USD/CAD: Canadian Dollar’s rally fades on weaker oil prices

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0112. Data released in Canada showed that the manufacturing sales climbed 2.0% in November to C$49.6 billion, the fourth increase in five months. In … Continue reading

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USD/CHF: Swiss Franc losing ground this morning

For the 24 hours to 23:00 GMT, USD declined 0.81% against the CHF and closed at 0.9320. In the Asian session, at GMT0400, the pair is trading at 0.9321, with the USD trading marginally higher from yesterday’s close. The pair … Continue reading

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USD/JPY: Greenback trading flat after yesterday’s rise

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 77.08. The Japan Department Stores Association reported that the department store sales in Japan rose 0.8% (YoY) in December, compared to a 1.9% drop … Continue reading

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GBP/USD: British Pound advanced on higher risk appetite, trading flat this morning

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5490. In the Asian session, at GMT0400, the pair is trading at 1.5490, with the GBP trading steady from yesterday’s close. The pair is … Continue reading

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EUR/USD: EUR advanced on successful debt auctions, trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.86% against the USD and closed at 1.2969, as investor sentiment was lifted after the successful bond auction in Spain and France. France raised €9.463 billion by selling its medium and … Continue reading

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