Daily Archives: February 27, 2012

Trading signals for Monday 27-02-2012

Forex, Commodities and Index signals for Monday 27-02-2012 11:00 GMT Continue reading

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Crude Oil: Crude oil trading above $109 per barrel

On Friday, Oil prices advanced 1.12% against the USD for the 24 hour period ending 23:00GMT, closing at 109.76, amid mounting tensions over possible supply disruption following report that Tehran has rapidly expanded its nuclear enrichment production over the last … Continue reading

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GBP/USD: Sterling is trading lower in the Asian session, after Friday’s rise

On Friday, for the 24 hours to 23:00 GMT, GBP rose 0.88% against the USD and closed at 1.5886. Data released in the UK showed that on a sequential basis, the Gross Domestic Product (GDP) fell 0.2% in the fourth-quarter … Continue reading

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EUR/USD: Euro up on LTRO optimism

For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD on Friday, and closed at 1.3458, ahead of the ECB’s second three-year long-term refinancing operation (LTRO) scheduled for February 29, in which it would lend up to … Continue reading

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Silver: Silver continues its upward journey

On Friday, Silver prices rose 0.23% to USD 35.41per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 35.55, 0.39% higher from Friday’s close. Silver is expected to find support at 35.26, … Continue reading

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Gold: Yellow metal fell amid profit booking; trading higher this morning

Gold prices traded lower by 0.30% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1773.65 per ounce, after investors booked profit. In the Asian session, at GMT0400, Gold is trading at 1775.94, 0.13% higher from … Continue reading

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AUD/USD: PM Julia Gillard maintains power; Aussie trading tad lower

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD on Friday and close at 1.0699, amid concern that Greece would face difficulties in resolving its debt crisis, damping demand for higher-yielding assets. In the Asian session, … Continue reading

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USD/CAD: Canadian dollar extended its losses this morning

On Friday, for the 24 hours to 23:00 GMT, USD rose 0.24% against the CAD to close at 0.9996. In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading 0.08% higher from Friday’s close. … Continue reading

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USD/CHF: Greenback cementing gains against Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.67% against the CHF on Friday and closed at 0.8953. In the Asian session, at GMT0400, the pair is trading at 0.8957, with the USD trading 0.04% higher from Friday’s close. … Continue reading

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USD/JPY: Yen continues to drift lower in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 1.25% against the JPY on Friday and closed at 81.00. In the US, the Thomson Reuters/University of Michigan index of consumer sentiment was upwardly revised to a reading of 75.3 in … Continue reading

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