Monthly Archives: January 2012

USD/CAD: Canadian dollar fell on slower annual inflation, trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.40% against the CAD on Friday to close at 1.0152, amid speculation that the Bank of Canada would keep the benchmark lending rate at 1.0%, after a report showed that Canada’s … Continue reading

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.56% against the CHF on Friday and closed at 0.9373. In the Asian session, at GMT0400, the pair is trading at 0.9371, with the USD trading 0.02% lower from Friday’s close. … Continue reading

Posted in USD/CHF | Leave a comment

AUD/USD: Aussie extended its gain in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.52% against the USD on Friday to close at 1.0473. In the Asian session, at GMT0400, the pair is trading at 1.0486, with the AUD trading 0.12% higher from Friday’s close. … Continue reading

Posted in AUD/USD | Leave a comment

Crude Oil: Crude oil trading lower ahead of EU meeting on Iran oil sanctions

Oil prices declined 2.31% against the USD on Friday for the 24 hour period ending 23:00GMT, closing at 98.07. According to the American Petroleum Institute’s monthly report released on Friday, US petroleum demand in December was down 5.9% from December … Continue reading

Posted in Crude Oil | Leave a comment

GBP/USD: British Pound rose on positive UK retail sales, trading lower this morning

For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD on Friday and closed at 1.5551, after the Office for National Statistics reported that the UK retail rose 0.6% (MoM) in December, following a revised 0.5% drop … Continue reading

Posted in GBP/USD | Leave a comment

Silver: White metal continues to shine in the Asian session

Silver prices rose 4.46% to USD 31.99 per ounce during the 24 hours ending 23:00GMT on Friday. In the Asian session, at GMT0400, Silver is trading at 32.42, 1.37% higher from Friday’s close. Silver is expected to find support at … Continue reading

Posted in Silver | Leave a comment

USD/JPY: Yen losing ground this morning after Friday’s rise

For the 24 hours to 23:00 GMT, USD weakened 0.18% against the JPY on Friday and closed at 76.95. Data released in Japan showed that the Leading Index was revised higher to a reading of 93.2 in November, while the … Continue reading

Posted in USD/JPY | Leave a comment

Gold: Gold holds on to Friday’s gains

Gold prices traded higher on Friday by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1664.59 per ounce. In the Asian session, at GMT0400, Gold is trading at 1669.54, 0.30% higher from Friday’s close. Gold is … Continue reading

Posted in Gold | Leave a comment

EUR/USD: Euro fell on Greece debt talks

  For the 24 hours to 23:00 GMT, EUR declined 0.60% against the USD on Friday and closed at 1.2891, amid concerns over Greece’s fiscal crisis, as Greek officials and private creditorsstruggle to reach agreement on a debt-swap deal. Investors … Continue reading

Posted in EUR/USD | Leave a comment

Trading signals for Friday 20-01-2012

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

Posted in Trading Signals | Leave a comment

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

Posted in Market Snapshot | Leave a comment