Daily Archives: June 20, 2012

Trading signals for Wednesday 20-06-2012

Forex, Commodities and Index signals for Wednesday 20-06-2012 11:00 GMT Continue reading

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Silver: White metal gaining strength in the Asian session

Silver prices declined 1.10% to USD 28.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.47, 0.08% higher from yesterday’s close. Silver is expected to find support at 28.22, and … Continue reading

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Crude Oil: Oil trading lower this morning, EIA inventory data awaited

Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 83.97. Late yesterday, the American Petroleum Institute (API) stated that the US crude stocks fell 550,000 barrels for the week ended June 15. Distillate … Continue reading

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Gold: Yellow metal trading higher on Fed stimulus prospects

Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1619.69 per ounce. In the Asian session, at GMT0300, Gold is trading at 1620.53, 0.05% higher from yesterday’s close, amid speculation that the … Continue reading

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AUD/USD: Aussie extends gains versus greenback this morning

For the 24 hours to 23:00 GMT, AUD strengthened 0.61% against the USD to close at 1.0178. LME Copper prices rose 0.4% or $30.0/MT to $7505.3/ MT. Aluminium prices declined 0.2% or $3.5/MT to $1878.3/ MT. In the Asian session, … Continue reading

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USD/CAD: Loonie drifting slightly lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.46% against the CAD to close at 1.0183. In Canada, wholesale sales rose more-than-expected by 1.5% (MoM) in April, surpassing the market expectation of 0.2% rise and 0.3% growth in the … Continue reading

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USD/CHF: Swiss Franc loses steam in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.75% against the CHF and closed at 0.9469, amid speculation that Federal Reserve would consider further monetary stimulus in its two-day meeting concluding today. In the Asian session, at GMT0300, the … Continue reading

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USD/JPY: Greenback trading lower against Yen ahead of Fed decision

For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 79.05. In Japan, the leading index fell to a reading of 95.6 in April, the lowest reading since January, while the coincident index dropped … Continue reading

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GBP/USD: Sterling trading flat ahead of BoE minutes

For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.5723. In the UK, consumer price index fell 0.1% (MoM) in May, compared to a 0.6% rise posted in April, making it lowest level … Continue reading

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EUR/USD: Euro rose as EU hinted to soften Greece bail-out terms; trading lower in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.2683, after European Union (EU) officials signaled that they might be willing to soften the austerity measures imposed to Greece, a move aimed at … Continue reading

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