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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: June 2012
USD/JPY: Yen gaining strength this morning ahead of Japan PMI & retail sales data
For the 24 hours to 23:00 GMT, USD weakened 0.18% against the JPY and closed at 79.50. In Japan, small business confidence fell to 46.2 in June, compared to a reading of 47.2 in May. In the Asian session, at … Continue reading
Posted in USD/JPY
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EUR/USD: Rising borrowing costs pushed Euro lower; trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.11% against the USD and closed at 1.2491, as the Spanish and Italian government bond auctions resulted in higher borrowing costs and following continued worries over the European Union (EU) summit … Continue reading
Posted in EUR/USD
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Silver: Silver trading higher after yesterday’s fall
Silver prices declined 1.45% to USD 27.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.15, 0.42% higher from yesterday’s close. Silver is expected to find support at 26.80, … Continue reading
Posted in Silver
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Gold: Gold cementing gains this morning
In the 24 hour period ending 23:00GMT, gold prices traded 0.81% lower against the USD, at 1571.70 per ounce. In the Asian session, at GMT0300, Gold is trading at 1573.57, 0.12% higher from yesterday’s close. Gold is expected to … Continue reading
Posted in Gold
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Crude Oil: Crude oil rose amid supply concerns
Oil prices advanced 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 79.55, as a strike by oil workers in Norway tightened North Sea supplies, resulting in production cut of 150,000 barrels per day. Late yesterday, … Continue reading
Posted in Crude Oil
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AUD/USD: Aussie extends its gain this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.49% against the USD to close at 1.0057, amid hopes that Reserve Bank of Australia (RBA) policy makers would keep the key rate unchanged in the next meeting. Meanwhile, in the … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie continues its upward journey in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.44% against the CAD to close at 1.0243. In the Asian session, at GMT0300, the pair is trading at 1.0241, with the USD trading 0.02% lower from yesterday’s close. The pair … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.10% against the CHF and closed at 0.9615. The Swiss Franc came under pressure after the consumption indicator in Switzerland fell to a reading of 1.05 in May, following a revised … Continue reading
Posted in USD/CHF
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Trading signals for Tuesday 26-06-2012
Forex, Commodities and Index signals for Tuesday 26-06-2012 11:00 GMT Continue reading
Posted in Trading Signals
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AUD/USD: Aussie trading above its parity
For the 24 hours to 23:00 GMT, AUD weakened 0.37% against the USD to close at 1.0008. LME Copper prices rose 0.3% or $22.8/MT to $7342.3/ MT. Aluminium prices declined 0.4% or $6.5/MT to $1816.8/ MT. In the Asian session, … Continue reading
Posted in AUD/USD
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Crude Oil: Trading lower ahead of the US oil inventory data.
Oil prices declined 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 79.28, amid continued concern that Europe’s debt crisis would curb demand for crude oil. Investors await the oil inventory reports later today and tomorrow … Continue reading
Posted in Crude Oil
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