Daily Archives: April 12, 2012

Trading signals for Thursday 12-04-2012

Forex, Commodities and Index signals for Thursday 12-04-2012 11:00 GMT Continue reading

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Australian employment report stronger than expected

A much stronger than expected Australian employment report gave AUDUSD 70 pips of upside overnight. 44k new jobs were created against expectations of only 6.5k, and the unemployment rate held steady at 5.2% despite fears it would tick higher. Continue reading

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Crude Oil: Crude oil climbs as Beige Book confirms growth

  Oil prices advanced 1.51% against the USD for the 24 hour period ending 23:00GMT, closing at 102.61, as the Fed Beige Book confirmed growth in the world’s largest economy. The Federal Reserve’s Beige Book report indicated that the US … Continue reading

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Silver: Silver trading below its MA’s

  Silver prices declined 0.09% to USD 31.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.61, 0.06% lower from yesterday’s close. Silver is expected to find support at 31.39, … Continue reading

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Gold: Yellow metal continues its upward journey

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1658.51 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1658.93, 0.03% higher from yesterday’s close. … Continue reading

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USD/CHF: Swiss Franc strengthened against greenback, following Switzerland’s bond selling program

  For the 24 hours to 23:00 GMT, USD declined 0.19% against the CHF and closed at 0.9170. Swiss franc rose against greenback, after the country sold bonds, amid demand for its assets as a refuge from European debt crisis. … Continue reading

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AUD/USD: Aussie trading higher this morning, amid strong Australian jobs data

  For the 24 hours to 23:00 GMT, AUD strengthened 0.72% against the USD to close at 1.0313. In the Asian session, at GMT0300, the pair is trading at 1.0375, with the AUD trading 0.61% higher from yesterday’s close, amid … Continue reading

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USD/CAD: Loonie rose amid upbeat Canadian housing starts data

  For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD to close at 1.0035. Loonie rose against the greenback, amid better-than-forecasted Canadian housing data. The Canada Mortgage and Housing Corporation reported that annual rate of housing … Continue reading

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USD/JPY: Yen fell on BoJ easing speculation, trading higher this morning

  For the 24 hours to 23:00 GMT, USD strengthened 0.28% against the JPY and closed at 80.95, amid speculation the Bank of Japan (BoJ) would implement new easing measures at its next policy meeting on April 27. In the … Continue reading

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GBP/USD: Pound rises on higher risk appetite

  For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5921, as risk appetite improved amid prospects of more rounds of the European Central Bank bond buying, helping calm jitters over recently battered … Continue reading

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EUR/USD: Euro rises as Spain fears wane

  For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3120, as concerns over the handling of Spain’s financial crisis slightly eased after an upbeat comment by country’s Prime Minister, Mariano Rajoy. Additionally, … Continue reading

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