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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: January 2012
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
Posted in Crude Oil
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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
Posted in Silver
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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
Posted in Gold
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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
Posted in AUD/USD
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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
Posted in USD/CAD
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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
Posted in USD/CHF
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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
Posted in USD/JPY
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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
Posted in GBP/USD
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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
Posted in Uncategorized
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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
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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
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