Daily Archives: June 22, 2012

Trading signals for Friday 22-06-2012

Forex, Commodities and Index signals for Friday 22-06-2012 11:00 GMT Continue reading

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Crude Oil: trading higher ahead of API monthly report

Oil prices declined 3.14% against the USD for the 24 hour period ending 23:00GMT, closing at 78.36, on speculation that demand for crude oil would curb following weak economic data around the globe. In the Asian session, at GMT0300, Crude … Continue reading

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Silver: Silver continues its downtrend in the Asian session

Silver prices declined 3.80% to USD 26.98 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.94, 0.13% lower from yesterday’s close. Silver is expected to find support at 26.51, and … Continue reading

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Gold: Strong greenback curtails gold prices

Gold prices traded lower by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1567.65 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1564.74, 0.19% lower from yesterday’s close. … Continue reading

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AUD/USD: Risk aversion weighs on Aussie, trading higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 1.39% against the USD to close at 1.0047, as risk aversion increased following lackluster economic data from the US. In the US, Philadelphia Fed manufacturing survey index fell to a reading … Continue reading

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USD/CAD: Canadian Dollar gaining strength ahead of consumer price data in Canada

For the 24 hours to 23:00 GMT, USD rose 0.91% against the CAD to close at 1.0287, amid risk aversion among investors following weak economic data from the US, Europe and China. The Loonie came under further pressure, as retail … Continue reading

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USD/CHF: Swiss Franc cementing gains this morning after yesterday’s fall

For the 24 hours to 23:00 GMT, USD rose 1.12% against the CHF and closed at 0.9572. In economic news, Swiss trade surplus widened to CHF2.48 billion in May from CHF1.26 billion in April. Moreover, the M3 money supply climbed … Continue reading

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USD/JPY: Yen continues to weaken this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.94% against the JPY and closed at 80.22. The Bank of Japan policy-maker, Koji Ishida stated that the central bank is prepared to take bold action to support the economy when … Continue reading

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GBP/USD: Sterling trading higher in the Asian session

For the 24 hours to 23:00 GMT, GBP fell 0.73% against the USD and closed at 1.5597, as global growth concern overweighed the positive data from the UK. In economic news, retail sales in the UK rose more-than-expected by 1.4% … Continue reading

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EUR/USD: Euro fell on global growth concern; trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 1.10% against the USD and closed at 1.2549, as risk aversion rose among investors, after weak economic data from the US, Euro-zone and China heightened fears over the outlook for global … Continue reading

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