Daily Archives: August 15, 2012

Trading signals for Wednesday 15-08-2012

Forex, Commodities and Index signals for Wednesday 15-08-2012 11:00 GMT Continue reading

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Crude Oil: Oil prices rose on demand prospects, tad lower this morning

Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 93.12, amid optimism over prospects for oil demand after positive economic data from the Euro-zone and the US. Late yesterday, the American Petroleum Institute … Continue reading

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Silver: Cementing gains in the Asian session

Silver prices declined 0.06% to USD 27.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.84, 0.08% higher from yesterday’s close. Silver is expected to find support at 27.65, and … Continue reading

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Gold: Gold fell on fading easing hopes, trading higher this morning

Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1599.70 per ounce, after larger-than-expected increase in US retail sales for the month of July dampened hopes for further stimulus measures from the … Continue reading

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AUD/USD: Aussie lower on weak consumer sentiment in Australia

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0489. LME Copper prices declined 0.3% or $19.8/MT to $7406.5/ MT. Aluminium prices declined 0.6% or $11.0/MT to $1812.8/ MT. In the Asian session, … Continue reading

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USD/CAD: Showing convergence with its MA’s

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 0.9922. The Canadian Dollar rose after its largest trading partner, US, reported better-than-expected retail sales for the month of July, and as crude oil, … Continue reading

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EUR/USD: Euro slips as Euro-zone GDP contracts further, trading flat this morning

For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.2322, after the Euro-zone gross domestic product shrank 0.2% in the second quarter, after a flat performance in the first three months of the … Continue reading

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USD/CHF: Swiss Franc trading flat after yesterday’s fall

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CHF and closed at 0.9748, after US data showed retail sales rose for the first time in four months in July. Meanwhile in Switzerland, the producer and import … Continue reading

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USD/JPY: Greenback up on strong US economic data

For the 24 hours to 23:00 GMT, USD strengthened 0.56% against the JPY and closed at 78.78, after reports revealed that the US retail sales rose more-than-expected in July, dampening speculation that the Federal Reserve may ease policy and weaken … Continue reading

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GBP/USD: GBP trading steady ahead of BoE minutes & UK unemployment report

For the 24 hours to 23:00 GMT, GBP fell 0.04% against the USD and closed at 1.5675. Data released in the UK showed that the consumer price index rose 2.6% (YoY) in July, following a 2.4% rise in June. Meanwhile, … Continue reading

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