Monthly Archives: August 2012

USD/CHF: Swissy trading below its MA’s

For the 24 hours to 23:00 GMT on Friday, USD declined 1.62% against the CHF and closed at 0.9706. On the Swiss economic front, the UBS real estate bubble index fell to 0.82 in the Q2 FY2012, from 0.95 in … Continue reading

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USD/JPY: Yen trading higher in the Asian session

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.40% against the JPY and closed at 78.56. In the US, nonfarm payrolls rose to 163,000 in July, far more than market expectations for a gain of 100,000, and … Continue reading

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GBP/USD: Sterling gives up some gains in the Asian session

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.85% against the USD and closed at 1.5644, as risk appetite received a boost following a stronger-than expected US employment report. In the UK, services Purchasing Managers’ Index (PMI) … Continue reading

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EUR/USD: Euro up on positive economic data

On Friday, for the 24 hours to 23:00 GMT, EUR rose 1.68% against the USD and closed at 1.2381, amid increased risk appetite among investors, following positive service sector data from the Euro-zone and stronger-than-expected US jobs data. In the … Continue reading

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Trading signals for Friday 03-08-2012

Forex, Commodities and Index signals for Friday 03-08-2012 11:00 GMT Continue reading

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Silver: Trading flat after tumbling yesterday

Silver prices declined 1.00% to USD 27.18 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading flat at 27.19, from yesterday’s close. Silver is expected to find support at 26.85, and a … 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 1589.50 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1590.55, 0.07% higher from yesterday’s close. … Continue reading

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Crude oil: Crude oil higher on supply threats‎, global economic woes capped gains

Oil prices declined 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 87.43. In the Asian session, at GMT0300, Crude Oil is trading at 87.48, 0.06% higher from yesterday’s close, buoyed by the recent North Sea … Continue reading

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AUD/USD: Risk aversion sends Aussie south, cementing gains in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD to close at 1.0456, as risk appetite eased after the European Central bank failed to introduce sufficient steps to address the region’s debt crisis. LME Copper prices … Continue reading

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USD/CAD: Greenback higher on flight to safety, trading lower this morning

For the 24 hours to 23:00 GMT, USD rose 0.27% against the CAD to close at 1.0075, as signs of slowing global growth and concern that Europe’s debt crisis is worsening raised demand for the safe-haven greenback. In the US, … Continue reading

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USD/CHF: Swiss PMI improved in July but remains in contraction territory

For the 24 hours to 23:00 GMT, USD rose 0.48% against the CHF and closed at 0.9866. On the Swiss economic front, the seasonally adjusted manufacturing purchasing managers’ index (PMI) improved to 48.6 in July, from 48.1 in June. Market … Continue reading

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