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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: July 2012
Trading signals for Tuesday 31-07-2012
Forex, Commodities and Index signals for Tuesday 31-07-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Trading higher ahead of the US crude oil inventory reports
Oil prices declined 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 89.68, as demand sentiment weakened following weak economic data from the Euro-zone. According to a Reuters survey, supply from the OPEC fell by 450,000 … Continue reading
Posted in Crude Oil
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Silver: Speculative buying pushed white metal up
Silver prices rose 1.51% to USD 28.15 per ounce during the 24 hours ending 23:00GMT, on fresh speculative off-take amidst industrial buying in India. In the Asian session, at GMT0300, Silver is trading at 28.24, 0.32% higher from yesterday’s close. … Continue reading
Posted in Silver
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Gold: Yellow metal trading higher amid hopes of monetary stimulus
Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1621.28 per ounce. In the Asian session, at GMT0300, Gold is trading at 1623.2, 0.12% higher from yesterday’s close, amid expectation that the … Continue reading
Posted in Gold
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GBP/USD: Consumer confidence in UK remained steady, indicates GFK
For the 24 hours to 23:00 GMT, GBP fell 0.12% against the USD and closed at 1.5710, as the release of weak economic data from the UK, raised concerns that UK’s recession is deepening. In the UK, the mortgage approvals … Continue reading
Posted in GBP/USD
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EUR/USD: Deepening Spanish recession pulled Euro down, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD and closed at 1.2261, after data showed that Spanish economy continued its contraction and following weak economic data from the Euro-zone. Meanwhile, the US Treasury Secretary, Timothy … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie extends its gains after building data in Australia
For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0501. In China, the leading index fell to a reading of 99.28 in June, compared to a reading of 99.58 in May. LME Copper … Continue reading
Posted in AUD/USD
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USD/CAD: Pair moving closer to parity; Canadian GDP data awaited
For the 24 hours to 23:00 GMT, USD declined 0.23% against the CAD to close at 1.0016. The Canadian Dollar climbed against the greenback ahead of a meeting where the Federal Reserve may indicate that it would take further steps … Continue reading
Posted in USD/CAD
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USD/CHF: Greenback drifting lower this morning against Swiss Franc
For the 24 hours to 23:00 GMT, USD rose 0.38% against the CHF and closed at 0.9797. In the Asian session, at GMT0300, the pair is trading at 0.9779, with the USD trading 0.18% lower from yesterday’s close, amid speculation … Continue reading
Posted in USD/CHF
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USD/JPY: Manufacturing PMI in Japan declines at a fastest pace since last year’s earthquake
For the 24 hours to 23:00 GMT, USD weakened 0.47% against the JPY and closed at 78.16. In the Asian session, at GMT0300, the pair is trading at 78.22, with the USD trading 0.08% higher from yesterday’s close. In Japan, … Continue reading
Posted in USD/JPY
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Trading signals for Monday 30-07-2012
Forex, Commodities and Index signals for Monday 30-07-2012 11:00 GMT Continue reading
Posted in Trading Signals
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