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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: August 2012
Crude Oil: Oil fell on EIA data, trading lower in the Asian session
Oil prices declined 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 95.26. Yesterday, the Energy Information Administration recorded an increase of 3.8 million barrels in crude stockpiles for the week ended August 24. Meanwhile, gasoline … Continue reading
Posted in Crude Oil
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Silver: Silver continues its fall in the Asian session
Silver prices declined 0.32% to USD 30.79 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.74, 0.15% lower from yesterday’s close. Silver is expected to find support at 30.55, and … Continue reading
Posted in Silver
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Gold: Yellow metal fell on a stronger greenback, trading higher this morning
Gold prices traded lower by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1657.35 per ounce, as upwardly revised figures for US economic growth triggered profit-taking in the yellow metal after its recent rally on speculation … Continue reading
Posted in Gold
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AUD/USD: Aussie trading lower on Australian building approvals data
For the 24 hours to 23:00 GMT, AUD weakened 0.22% against the USD to close at 1.0345. The Federal Reserve, in its Beige Book Economic Survey, stated that the US economy grew moderately in July and early August, and hiring … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie lower ahead of current account data in Canada
For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 0.9893. In economic news, Canadian industrial product price index fell 0.5% (MoM) in July, compared to a fall of 0.3% in June. Separately, raw … Continue reading
Posted in USD/CAD
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USD/CHF: Trading flat after yesterday’s fall
For the 24 hours to 23:00 GMT, USD rose 0.25% against the CHF and closed at 0.9582. In Switzerland, the KOF leading indicator rose to a reading of 1.57 in August, against the market expectation of 1.50. In the Asian … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese retail sales continues its fall in July
For the 24 hours to 23:00 GMT, USD strengthened 0.15% against the JPY and closed at 78.72, after the US gross domestic product rose at a seasonally adjusted annual rate of 1.7% in the three months to June, up from … Continue reading
Posted in USD/JPY
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GBP/USD: Sterling steady ahead of series of UK economic data
For the 24 hours to 23:00 GMT, GBP rose 0.08% against the USD and closed at 1.5834. In the Asian session, at GMT0300, the pair is trading at 1.5831, with the GBP trading flat from yesterday’s close. The pair is … Continue reading
Posted in GBP/USD
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EUR/USD: Greenback rose on positive economic data, trading marginally lower this morning
For the 24 hours to 23:00 GMT, EUR declined 0.24% against the USD and closed at 1.2534. Yesterday, the US dollar rose amid positive economic data from the US and after the Federal Reserve in its Beige Book economic survey … Continue reading
Posted in EUR/USD
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Trading signals for Wednesday 29-08-2012
Forex, Commodities and Index signals for Wednesday 29-08-2012 11:00 GMT Continue reading
Posted in Trading Signals
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GBP/USD: Sterling trading lower after yesterday’s rise
For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.5821. There were no major releases in the UK yesterday. Meanwhile, in the US, the Conference Board reported that its consumer confidence index fell … Continue reading
Posted in GBP/USD
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