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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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Daily Archives: February 17, 2012
Trading signals for Friday 17-02-2012
Forex, Commodities and Index signals for Friday 17-02-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Trading above $102 per barrel
Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at102.29, on concern that the dispute with Iran over its nuclear program may lead to a disruption in oil exports from the Persian Gulf region. … Continue reading
Posted in Crude Oil
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Silver: White metal continues its rising trend
Silver prices rose 0.05% to USD 33.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.50, 0.13% higher from yesterday’s close. Silver is expected to find support at 32.90, and … Continue reading
Posted in Silver
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Gold: Demand for yellow metal to see positive growth in 2012: World Gold Council
Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1728.19 per ounce, after World Gold Council stated that demand for gold would see positive growth in 2012. In the Asian session, at GMT0400, … Continue reading
Posted in Gold
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AUD/USD: Aussie traded higher on lower unemployment rate
For the 24 hours to 23:00 GMT, AUD strengthened 0.58% against the USD to close at 1.0752, after unemployment rate in Australia eased to 5.1% in January. In the Asian session, at GMT0400, the pair is trading at 1.0781, with … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie higher on higher risk appetite, Canadian consumer price data awaited
For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9967, as risk appetite rose after upbeat economic data in the US. In the US, initial jobless claims unexpectedly fell by 13,000 to 348,000 … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc tad higher this morning
For the 24 hours to 23:00 GMT, USD declined 0.54% against the CHF and closed at 0.9192. In the Asian session, at GMT0400, the pair is trading at 0.9190, with the USD trading 0.02% lower from yesterday’s close. The pair … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback edges up against Yen
For the 24 hours to 23:00 GMT, USD strengthened 0.59% against the JPY and closed at 78.87. In the US, jobless-benefit claims unexpectedly slid to a four-year low. Additionally, housing starts came in higher than expected in January, while Philadelphia-area … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound continues to trade higher
For the 24 hours to 23:00 GMT, GBP rose 0.72% against the USD and closed at 1.5802. In the Asian session, at GMT0400, the pair is trading at 1.5806, with the GBP trading 0.02% higher from yesterday’s close. The pair … Continue reading
Posted in GBP/USD
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EUR/USD: Euro up on renewed optimism over Greece debt crisis
For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD and closed at 1.3131, amid renewed optimism over Greece, after reports indicated that the European Central Bank (ECB), would swap its holdings of Greek bonds for new … Continue reading
Posted in EUR/USD
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