Monthly Archives: April 2012

USD/CAD: Loonie firms on higher risk appetite

For the 24 hours to 23:00 GMT, USD declined 0.13% against the CAD to close at 0.9953. The Canadian Dollar rose after upbeat US economic data and speculation that the Euro-zone debt crisis may be easing lifted demand for higher-risk … Continue reading

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc rose after KOF economic barometer improves in March

For the 24 hours to 23:00 GMT on Friday, USD declined 0.57% against the CHF and closed at 0.9011. Swiss Franc advanced after Switzerland’s KOF economic indicator advanced in March, indicating that the economy is regaining some strength. In Switzerland, … Continue reading

Posted in USD/CHF | Leave a comment

USD/JPY: Yen drifting lower after Bank of Japan’s Tankan report‎

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.55% against the JPY and closed at 82.86. Data released in Japan showed that the Markit/JMMA manufacturing Purchasing Managers’ Index (PMI) climbed to a reading of 51.1 in March, … Continue reading

Posted in USD/JPY | Leave a comment

GBP/USD: Pound trading lower ahead of UK manufacturing PMI data

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.41% against the USD and closed at 1.6021, after Euro-zone Finance Ministers boosted the region’s debt firewall, boosting risk appetite. Meanwhile, a study by the Organisation of Economic Cooperation … Continue reading

Posted in GBP/USD | Leave a comment

EUR/USD: Euro higher on Spain budget plan, Euro-zone firewall; trading lower this morning

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.46% against the USD and closed at 1.3363, as risk appetite increased after Spain revealed a budget plan to save more than €27 billion ($35.96 billion) in 2012 through … Continue reading

Posted in EUR/USD | Leave a comment

Crude Oil: Oil higher on supply concerns, positive China PMI data

On Friday, Oil prices advanced 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 103.49, as ongoing tensions in the Middle East added to concerns over supply disruption from the key oil-producing region. The President Barack … Continue reading

Posted in Crude Oil | Leave a comment

Silver: White metal continues to shine in the Asian session

On Friday, Silver prices rose 1.01% to USD32.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.39, 0.28% higher from Friday’s close. Silver is expected to find support at 32.15, … Continue reading

Posted in Silver | Leave a comment

Gold: Gold rose as the dollar weakened, trading lower this morning

On Friday Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1673.60 per ounce, as the dollar weakened after European policymakers opted to lift a lending ceiling on bailout funds, and amid … Continue reading

Posted in Gold | Leave a comment