Monthly Archives: June 2012

AUD/USD: Aussie trading lower after Friday’s rise

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.16% against the USD to close at 1.0063, as investor sentiment strengthened, after the European Central Bank relaxed rules on collateral for central-bank loans. LME Copper prices declined 1.4% … Continue reading

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie trading between its MA’s

For the 24 hours to 23:00 GMT on Friday, USD declined 0.38% against the CAD to close at 1.0248. On a seasonally adjusted monthly basis, the Consumer Price Index (CPI) in Canada dropped 0.1% in May, compared to a 0.4% … Continue reading

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc rose as Swiss KOF lifts 2012 growth projection, trading lower this morning

For the 24 hours to 23:00 GMT on Friday, USD fell 0.15% against the CHF and closed at 0.9558. The Swiss Franc edged up after the KOF institute reported that Switzerland’s economy is projected to grow by 1.2% in 2012, … Continue reading

Posted in USD/CHF | Leave a comment

USD/JPY: Greenback erases Friday’s gain against the Yen this morning

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.26% against the JPY and closed at 80.43. Japan’s government retained its assessment of the economy, but warned of downside risks stemming from growing uncertainty about the economic situation … Continue reading

Posted in USD/JPY | Leave a comment

GBP/USD: Pound trading flat in the Asian session

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.08% against the USD and closed at 1.5585. The external member of the Bank of England (BoE)’s Monetary Policy Committee, Martin Weale stated that BoE has enough room for … Continue reading

Posted in GBP/USD | Leave a comment

EUR/USD: Euro gives up some gains in the Asian session

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.12% against the USD and closed at 1.2564, after the European Central Bank (ECB) took a step seen as easing funding stresses for the region’s banks. The ECB widened … Continue reading

Posted in EUR/USD | Leave a comment

Trading signals for Friday 22-06-2012

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

Posted in Trading Signals | Leave a comment

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

Posted in Crude Oil | Leave a comment

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

Posted in Silver | Leave a comment

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

Posted in Gold | Leave a comment

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

Posted in AUD/USD | Leave a comment