Monthly Archives: June 2012

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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Trading signals for Tuesday 19-06-2012

Forex, Commodities and Index signals for Tuesday 19-06-2012 11:00 GMT Continue reading

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Crude Oil: Oil fell on demand concerns, trading higher this morning

Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 83.11, amid fears that rising yields on Spanish and Italian bond would crimp fuel demand. Investors await the oil inventory reports later today and … Continue reading

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Silver: Silver continues to trade higher in the Asian session

Silver prices rose 1.00% to USD 28.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.80, 0.14% higher from yesterday’s close. Silver is expected to find support at 28.44, and … Continue reading

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Gold: Gold trading higher ahead on US Fed meeting

Gold prices traded higher by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1628.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1629.23, 0.07% higher from yesterday’s close, amid speculation of another … Continue reading

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AUD/USD: Aussie trading higher this morning; RBA rate cut ‘finely balanced’

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0116. In Australia, Treasury Secretary, Martin Parkinson, stated that the country has scope to respond to an economic shock from Euro-zone, adding that region’s … Continue reading

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USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CAD to close at 1.0230, after risk appetite faded as rising borrowing costs for Spain and Italy reignited speculation that European leaders are struggling to contain their debt … Continue reading

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USD/CHF: Pair trading between MA’s

For the 24 hours to 23:00 GMT, USD rose 1.01% against the CHF and closed at 0.9541. In the Asian session, at GMT0300, the pair is trading at 0.9524, with the USD trading 0.17% lower from yesterday’s close. The pair … Continue reading

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USD/JPY: Pair trading lower ahead of Federal Reserve meeting & BoJ Minutes

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 79.08. Yesterday, the Bank of Japan (BoJ), in its monthly economic report, upgraded its overall assessment of the economy citing that country’s economic activity … Continue reading

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