Daily Archives: July 26, 2012

Trading signals for Thursday 26-07-2012

Forex, Commodities and Index signals for Thursday 26-07-2012 11:00 GMT Continue reading

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Crude Oil: Crude oil rose on supply concerns, trading lower this morning

Oil prices advanced 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 88.89, on fears that tensions in the Middle East could mount raising supply concerns. Investors remained cautious amid worries that Syria could resort to … Continue reading

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Silver: Silver trading flat after yesterday’s rise

Silver prices rose 1.49% to USD 27.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading flat at 27.37, from yesterday’s close. Silver is expected to find support at 26.95, and a … Continue reading

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Gold: Yellow metal steady above $1,600/oz

Gold prices traded higher by 1.46% against the USD in the 24 hour period ending 23:00GMT, at 1604.50 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading steady at 1604.40, from yesterday’s close. Gold … Continue reading

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AUD/USD: Australian Dollar rises on Nowotny’s comment on ESM banking licence

For the 24 hours to 23:00 GMT, AUD strengthened 0.91% against the USD to close at 1.0310, buoyed by comments about the possibility of a Euro-zone bailout solution. Investors risk appetite was boosted, after European Central Bank council member, Ewald … Continue reading

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USD/CAD: Loonie continues its rally this morning

For the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 1.0156. In Canada, Teranet/National Bank house prices rose 1.2% (MoM) in June, following a 1.1% rise in May. In the Asian session, at GMT0300, … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.64% against the CHF and closed at 0.9888. In the US, new home sales, on a seasonally adjusted basis, tumbled 8.4% to an annual rate of 350,000 in June, the lowest … Continue reading

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USD/JPY: Japan raises economic assessment for April-June

For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 78.13. In the Asian session, at GMT0300, the pair is trading at 78.12, with the USD trading marginally lower from yesterday’s close. This morning, … Continue reading

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GBP/USD: Pound lower as the UK economy continued contraction in Q2

For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.5492, after data showed that the UK economy contracted more-than-expected in the second quarter of 2012. In the UK, the seasonally adjusted gross domestic … Continue reading

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EUR/USD: Euro up amid ECB talks on rescue fund; trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.64% against the USD and closed at 1.2146, after the European Central Bank (ECB) Governing Council member, Ewald Nowotny, stated there were arguments for giving Euro-zone permanent rescue fund a banking … Continue reading

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