Daily Archives: July 23, 2012

Trading signals for Monday 23-07-2012

Forex, Commodities and Index signals for Monday 23-07-2012 11:00 GMT Continue reading

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EUR/USD: Greece & Spanish worries weighs on the Euro

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.92% against the USD and closed at 1.2163, amid mounting concerns over the European debt crisis. Spain’s financial crisis deepened following news that Valencia, a heavily indebted region in … Continue reading

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Crude Oil: Oil down on demand concern

On Friday, Oil prices declined 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 91.54. The American Petroleum Institute (API), in its monthly report, stated that petroleum consumption in June declined 3% from a year ago … Continue reading

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Silver: Silver drifting lower in the Asian session

On Friday, Silver prices rose 0.16% to USD 27.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.12, 0.74% lower from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Yellow metal inches down on heightened Spain concerns

On Friday Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1584.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1579.10, 0.35% lower from Friday’s close, as the … Continue reading

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AUD/USD: Risk aversion weighs on the Aussie

For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.42% against the USD to close at 1.0379. In China, MNI Flash business sentiment index fell to a reading of 49.63 in July, compared to a reading of 53.21 … Continue reading

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USD/CAD: CAD down as risk aversion sends high yielding currencies south

For the 24 hours to 23:00 GMT on Friday, USD rose 0.45% against the CAD to close at 1.0124, as concerns that Europe’s debt crisis is worsening, reduced demand for higher-yielding assets. In economic news, on a seasonally adjusted basis, … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of SNB monthly bulletin

For the 24 hours to 23:00 GMT on Friday, USD rose 0.93% against the CHF and closed at 0.9875. In the Asian session, at GMT0300, the pair is trading at 0.9915, with the USD trading 0.41% higher from Friday’s close. … Continue reading

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USD/JPY: Yen holds on to Friday’s gains

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.29% against the JPY and closed at 78.48. In the Asian session, at GMT0300, the pair is trading at 78.18, with the USD trading 0.38% lower from Friday’s close. … Continue reading

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GBP/USD: Pound lower as UK’s public sector borrowing grew for the second consecutive month

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.61% against the USD and closed at 1.5622, after UK’s public sector net borrowing continued to climb for June, casting aspersions over the government’s plan to balance its budget … Continue reading

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