Monthly Archives: April 2012

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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Trading signals for Wednesday 11-04-2012

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

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Crude Oil: Oil declined amid rise in US oil stockpiles, trading higher this morning

  Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 101.08, after reports showed an increase in US crude oil stockpiles. Late Tuesday, the American Petroleum Institute reported that crude oil stockpiles rose … Continue reading

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Silver: White metal gives up some gains in the Asian session

  Silver prices rose 0.24% to USD 31.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.56, 0.31% lower from yesterday’s close. Silver is expected to find support at 31.18, … Continue reading

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Gold: Gold rose on safe-haven appeal, trading lower this morning

Gold prices traded higher by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1657.98 per ounce, as rising concerns about Euro-zone debt crisis and losses in global equity markets, supported safe-haven buying of precious metal. In … Continue reading

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