Monthly Archives: February 2012

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

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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

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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

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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

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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

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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

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Trading signals for Thursday 16-02-2012

Forex, Commodities and Index signals for Thursday 16-02-2012 11:00 GMT Continue reading

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EUR under pressure

The euro extended its weakness during the Asia session amid concern over the failure of Eurozone authorities to secure an aid package for Greece before bond redemptions are due. In comments made after the Eurogroup conference call, Jean Claude Juncker merely said ‘decisions’ would be made at next week’s full meeting but it appears doubts remain over Greece’s ability to deliver. Continue reading

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USD/CHF: Swiss Franc continues to lose steam this morning

For the 24 hours to 23:00 GMT, USD rose 0.46% against the CHF and closed at 0.9241. In Switzerland, the Center for European Economic Research (ZEW) and Credit Suisse revealed that the Economic Expectations Index climbed sharply to -21.2 in … Continue reading

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USD/CAD: Loonie declines to parity on risk aversion

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CAD to close at 1.0004, as risk appetite dampened on speculation that the bailout package for Greece might be delayed until it holds elections this year. In the … Continue reading

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USD/JPY: Yen trading higher, Awaits BoJ monetary policy meeting minutes

For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 78.40. Data released in Japan showed that the machine tool orders fell 6.9% (YoY) in January, compared to a 6.6% decline in December. In … Continue reading

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