Monthly Archives: August 2012

Gold: Yellow metal rose on weaker greenback

Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1613.65 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1618.8, 0.32% higher from yesterday’s close. … Continue reading

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AUD/USD: Aussie continues its rally in the Asian session post upbeat Australian jobs report

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0567. LME Copper prices declined 0.5% or $41.3/MT to $7525.3/ MT. Aluminium prices rose 0.5% or $9.5/MT to $1872.5/ MT. In the Asian session, … Continue reading

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USD/JPY: BoJ kept its policy stance unchanged

For the 24 hours to 23:00 GMT, USD weakened 0.28% against the JPY and closed at 78.43. According to a survey conducted by Eco Watchers’, on a seasonally adjusted basis, the current conditions index in Japan rose to 44.2 in … Continue reading

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Swiss consumer climate indicator fell in April-to-July

For the 24 hours to 23:00 GMT, USD rose 0.14% against the CHF and closed at 0.9710. The Swiss Franc fell against the US Dollar, as data from the State Secretariat for Economic Affairs showed that the nation’s consumer confidence … Continue reading

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USD/CAD: Loonie trading steady ahead of Canadian merchandise trade data

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 0.9944. In the Asian session, at GMT0300, the pair is trading at 0.9946, with the USD trading marginally higher from yesterday’s close. The pair … Continue reading

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GBP/USD: BoE cuts UK 2012 growth forecast to 0%

For the 24 hours to 23:00 GMT, GBP rose 0.31% against the USD and closed at 1.5667. Yesterday, the Bank of England (BoE), in its quarterly inflation report, scaled back its growth forecast for 2012 to 0%, saying that the … Continue reading

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EUR/USD: Euro down following weak economic from the Euro-zone, trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.2373, amid renewed concern over the Euro-zone debt crisis following weak economic data from the region and after the Bank of France (BoF) stated … Continue reading

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Trading signals for Wednesday 08-08-2012

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

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Crude Oil: Oil trading lower ahead of EIA weekly inventory report

Oil prices advanced 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 93.35, as concerns over falling North Sea output and optimism for more stimulus measures from both sides of the Atlantic supported the oil prices. … Continue reading

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Silver: Trading between its MA’s

Silver prices rose 0.74% to USD 28.09 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.02, 0.24% lower from yesterday’s close. Silver is expected to find support at 27.79, and … Continue reading

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Gold: Trading lower this morning

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1611.65 per ounce. In the Asian session, at GMT0300, Gold is trading at 1610.9, 0.05% lower from yesterday’s close. Gold is expected to find … Continue reading

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