Monthly Archives: January 2012

USD/CHF: Swiss Franc continues its northward journey

  For the 24 hours to 23:00 GMT, USD declined 0.88% against the CHF and closed at 0.9493. In Switzerland, the unemployment rate rose to 3.1% in December, compared to 3.0% in the previous month. The retail sales increased 1.8% … Continue reading

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USD/JPY: Japanese Yen trading below its MA’s

  For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.85. In the Asian session, at GMT0400, the pair is trading at 76.81, with the USD trading 0.05% lower from yesterday’s close. The … Continue reading

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GBP/USD: Pound continues to trade higher this morning

  For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5462. In the UK, this morning, the BRC retail sales rose 2.2% (YoY) in December. Additionally, the RICS house price balance stood at … Continue reading

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EUR/USD: Euro gained on Merkel-Sarkozy meeting progress, trading flat this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.2770, after German Chancellor, Angela Merkel and French President, Nicolas Sarkozy stated that they have made progress toward implementing tougher budget rules across … Continue reading

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Crude Oil: Trading higher this morning

  Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 101.32, after reports showed that German industrial production declined and as concerns eased that Iran would block crude shipments from the Persian Gulf. … Continue reading

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Silver: Continues to trade higher

  Silver prices rose 0.74% to USD 29.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.12, 0.44% higher from yesterday’s close. Silver is expected to find support at 28.74, … Continue reading

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Gold: Yellow metal fall on lower offtake, global cues; trading higher this morning

  Gold prices traded lower by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1,609.73 per ounce, as safe-haven buying fell, amid weak global cues. In the Asian session, at GMT0400, Gold is trading at 1616.29, … Continue reading

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Trading signals for Monday 09-01-2012

Forex, Commodities and Index signals for Monday 09-01-2012 11:00 GMT Continue reading

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Crude Oil: Crude Oil loses steam in the Asian session

  Oil prices advanced 0.27% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 101.75. In the Asian session, at GMT0400, Crude Oil is trading at 101.02, 0.72% lower from Friday’s close. Crude oil is … Continue reading

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Silver: Silver gaining strength this morning, after Friday’s losses

  Silver prices declined 1.89% to USD 28.75, on Friday, per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.78, 0.13% higher from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Yellow metal continues to trade lower this morning

  Gold prices traded lower by 0.31% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,617.31 per ounce, amid a strong dollar. In the Asian session, at GMT0400, Gold is trading at 1608.25, 0.56% lower … Continue reading

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