Daily Archives: June 11, 2012

Trading signals for Monday 11-06-2012

Forex, Commodities and Index signals for Monday 11-06-2012 11:00 GMT Continue reading

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Crude Oil: Oil trading higher in the Asian session on Spanish bank deal

On Friday, Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 84.29. In the Asian session, at GMT0300, Crude Oil is trading at 85.97, 1.99% higher from Friday’s close, amid speculation that demand … Continue reading

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Silver: Silver continues its upward journey

On Friday, Silver prices rose 0.26% to USD 28.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.72, 0.55% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold advanced this morning as Spain deal weighs on the greenback

On Friday, Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1594.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1596.43, 0.15% higher from Friday’s close, after the … Continue reading

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AUD/USD: Aussie continues to cement gains in the Asian session

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.21% against the USD to close at 0.9927. LME Copper prices declined 3.1% or $229.0/MT to $7251.3/ MT. Aluminium prices declined 8.5% or $0.4/MT to $1938.3/ MT. Over the … Continue reading

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USD/CAD: Loonie rose amid job gains in Canada

For the 24 hours to 23:00 GMT on Friday, USD declined marginally against the CAD to close at 1.0272 The Loonie rose after the Canadian economy created a modest but better-than-expected 7,700 jobs in May, against the market expectation of … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

For the 24 hours to 23:00 GMT on Friday, USD rose 0.49% against the CHF and closed at 0.9602. In the US, the Commerce Department reported that the country’s trade deficit narrowed 4.9% in April to $50.1 billion, compared with … Continue reading

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USD/JPY: Yen trading lower this morning, Japan consumer confidence data awaited

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.34% against the JPY and closed at 79.40. According to the Eco Watchers’ survey, current conditions index in Japan declined to a reading of 47.2 in May, while outlook … Continue reading

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GBP/USD: Risk appetite supports the British Pound in the Asian session

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.37% against the USD and closed at 1.5469. In the UK, the output producer price inflation eased to 2.8% (YoY) in May, from a revised rate of 3.2% in … Continue reading

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EUR/USD: Euro trading higher this morning as investors cheers Spain bank aid

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.49% against the USD and closed at 1.2507, as dismal economic data from Germany and Italy added to Euro-zone recession concerns. The Euro took a hit, after Italian industrial … Continue reading

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