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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
EUR/USD: Successful bond auction boosts Euro, trading lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.49% against the USD and closed at 1.2564, following a successful bond auctions in Italy and Spain. In a bond auction, the Spanish treasury sold €1.67 billion worth of three-month government … Continue reading
Posted in EUR/USD
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USD/JPY: Pair trading steady this morning, awaits Japan retail trade data
For the 24 hours to 23:00 GMT, USD weakened 0.19% against the JPY and closed at 78.60, as investors awaited the US Fed Chairman, Ben Bernanke’s Friday speech for signs of whether the central bank would opt for more monetary … Continue reading
Posted in USD/JPY
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USD/CHF: Swiss Franc losing steam in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.50% against the CHF and closed at 0.9558. In Switzerland, the UBS consumption indicator dropped to a reading of 1.55 in July, compared to a revised reading of 1.59 recorded in … Continue reading
Posted in USD/CHF
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USD/CAD: Loonie trading flat ahead of HPI data in Canada
For the 24 hours to 23:00 GMT, USD declined 0.21% against the CAD to close at 0.9882, after the European Union President, Herman Van Rompuy stated that the region’s rescue fund is ready to aid Spanish banks, supporting demand for … Continue reading
Posted in USD/CAD
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AUD/USD: Aussie drifting lower in the Asian session
For the 24 hours to 23:00 GMT, AUD strengthened 0.05% against the USD to close at 1.0368. LME Copper prices rose 0.1% or $5.5/MT to $7605.8/MT. Aluminium prices rose 0.6% or $11.5/MT to $1882.5/MT. In the Asian session, at GMT0300, … Continue reading
Posted in AUD/USD
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Crude Oil: Crude oil gains on Hurricane Issac
Oil prices advanced 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 96.20, amid concerns over Hurricane Isaac’s impact on oil production in the Gulf of Mexico. Meanwhile, a Group of Seven finance ministers urged oil … Continue reading
Posted in Crude Oil
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Silver: Silver gives up yesterday’s gains
Silver prices rose 0.31% to USD 30.89 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.84, 0.15% lower from yesterday’s close. Silver is expected to find support at 30.58, and … Continue reading
Posted in Silver
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Gold: Gold tad higher, eyes on Fed
Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1667.35 per ounce, as investors await the US Federal Reserve Chairman, Ben Bernanke’s speech later this week for any hints of further stimulus … Continue reading
Posted in Gold
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Trading signals for Tuesday 28-08-2012
Forex, Commodities and Index signals for Tuesday 28-08-2012 11:00 GMT Continue reading
Posted in Trading Signals
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EUR/USD: EUR trading below 1.2500 level this morning
For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2503, after reports showed that the German business confidence in July deteriorated to the lowest level since June 2010. The European Central Bank (ECB) … Continue reading
Posted in EUR/USD
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GBP/USD: Sterling extended its losses in the Asian session
For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.5792. In the UK, the Hometrack house price index fell 0.1% (MoM) in August, in line with the market expectations. Meanwhile, the US Dallas … Continue reading
Posted in GBP/USD
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