Monthly Archives: March 2012

Trading signals for Monday 26-03-2012

Forex, Commodities and Index signals for Monday 26-03-2012 11:00 GMT Continue reading

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Focus on Bernanke’s speach today

The last week of Japan’s fiscal year got underway overnight, and anticipation is already building that the crossover to the new year will prompt a resumption of the five-week-old USDJPY rally. Continue reading

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Silver: Silver continues to cement gains in the Asian session

On Friday, Silver prices rose 1.91% to USD 32.18 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.25, 0.20% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold extends gains as dollar weakens

On Friday, Gold prices traded higher by 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1662.55 per ounce, following drop in the greenback. In the Asian session, at GMT0300, Gold is trading at 1664.41, 0.11% higher … Continue reading

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Crude Oil: Oil jumped on Iranian export report, trading lower this morning

On Friday, Oil prices advanced 1.11% against the USD for the 24 hour period ending 23:00GMT, closing at 106.81, on continued supply concern. Oil fell during the intraday session after the International Energy Agency assured that Saudi Arabia stood ready … Continue reading

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AUD/USD: Aussie loses steam in the Asian session after Friday’s rise

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 1.0464, on broad dollar weakness. In the Asian session, at GMT0300, the pair is trading at 1.0456, with the AUD trading 0.08% … Continue reading

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USD/CAD: Canadian Dollar extends its gains in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.11% against the CAD to close at 0.9983. On the economic news, Consumer Price Index in Canada rose to 2.6% (YoY) in February, following an increase of 2.5% in January. Meanwhile, … Continue reading

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USD/CHF: Swiss Franc spikes as central bank lifts growth forecast, trading lower this morning

For the 24 hours to 23:00 GMT on Friday, USD declined 0.62% against the CHF and closed at 0.9079. Swiss Franc was boosted, after the Swiss National Bank stated that it expects a moderate economic growth of close to 1.0% … Continue reading

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USD/JPY: Yen backpedals in the Asian session

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.27% against the JPY and closed at 82.39. Atlanta Federal Reserve (Fed) Bank President, Dennis Lockhart, has stated that the US economic recovery is gaining momentum, despite a weak … Continue reading

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GBP/USD: Pair trading between its MA’s

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.39% against the USD and closed at 1.5877. The Bank of England policymaker, Martin Weale, has stated that the UK’s economy looks likely to have expanded in the first … Continue reading

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EUR/USD: Euro rose on prospects of bigger rescue fund, drifting lower this morning

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.56% against the USD and closed at 1.3271, following reports that Euro-zone Finance Ministers are moving closer to agreeing a combined rescue fund of around €700 billion next week … Continue reading

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