Daily Archives: August 14, 2012

Trading signals for Tuesday 14-08-2012

Forex, Commodities and Index signals for Tuesday 14-08-2012 11:00 GMT Continue reading

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Crude Oil: Trading higher this morning ahead of the US oil inventory reports

Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 92.72, on speculation that demand for oil might fell amid worries over the outlook for global economic growth. Investors await the oil inventory reports … Continue reading

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Silver: Trading below its MA’s

Silver prices declined 1.13% to USD 27.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.88, 0.13% higher from yesterday’s close. Silver is expected to find support at 27.68, and … Continue reading

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Gold: Trading higher this morning

Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1610.10 per ounce. In the Asian session, at GMT0300, Gold is trading at 1612.55, 0.15% higher from yesterday’s close. Gold is expected to … Continue reading

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AUD/USD: Business confidence in Australia rose in July: NAB

For the 24 hours to 23:00 GMT, AUD weakened 0.35% against the USD to close at 1.0518. LME Copper prices declined 0.1% or $4.0/MT to $7426.3/MT. Aluminium prices declined 0.6% or $10.8/MT to $1823.8/MT. In the Asian session, at GMT0300, … Continue reading

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USD/CAD: Loonie trading flat in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.12% against the CAD to close at 0.9925. In the Asian session, at GMT0300, the pair is trading at 0.9925, with the USD trading flat from yesterday’s close. The pair is … Continue reading

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USD/CHF: US Dollar gaining strength this morning against the Swiss Franc

For the 24 hours to 23:00 GMT, USD declined 0.38% against the CHF and closed at 0.9739. In the Asian session, at GMT0300, the pair is trading at 0.9728, with the USD trading 0.11% lower from yesterday’s close. The pair … Continue reading

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USD/JPY: Japan’s economy would return to a moderate recovery: BoJ minutes

For the 24 hours to 23:00 GMT, USD strengthened 0.09% against the JPY and closed at 78.34. The Yen came under pressure after data showed that Japanese economy grew at a slower-than-expected rate in April-June period. In the Asian session, … Continue reading

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GBP/USD: Pound continues its upward journey

For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.5681. Yesterday, the Bank of England policymaker, Adam Posen, stated that the central bank should go beyond buying government bonds and consider purchasing private … Continue reading

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EUR/USD: Euro-zone GDP expected to shrink in Q2

For the 24 hours to 23:00 GMT, EUR rose 0.39% against the USD and closed at 1.2333, following a well-received Italian bond auction. Investors also bought the Euro amid speculation that the European Central Bank would soon take action to … Continue reading

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