Daily Archives: September 3, 2012

Trading signals for Monday 03-09-2012

Forex, Commodities and Index signals for Monday 03-09-2012 11:00 GMT Continue reading

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Crude Oil: Oil trading lower after China data

On Friday, Oil prices advanced 1.80% against the USD for the 24 hour period ending 23:00GMT, closing at 96.38. In Iraq, oil ministry officials stated that nation’s oil exports reached their highest level in more than three decades in July … Continue reading

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Silver: Continues its rally this morning

On Friday, Silver prices rose 3.99% to USD 31.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.80, 0.37% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Yellow metal rallied as the greenback weakened

On Friday, Gold prices traded higher by 2.15% against the USD in the 24 hour period ending 23:00GMT, at 1691.46 per ounce, as the greenback weakened after the Federal Reserve Chairman, Ben Bernanke, stated that the US economy is ‘far … Continue reading

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AUD/USD: Australian Dollar came under pressure after Australian retail sales fell unexpectedly in July

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.33% against the USD to close at 1.0328, after the US Federal Reserve Chairman, Ben Bernanke said in a speech that the US central bank would consider rolling out … Continue reading

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USD/CAD: Canadian GDP grew 1.8% in Q2

For the 24 hours to 23:00 GMT on Friday, USD declined 0.66% against the CAD to close at 0.9858. In Canada, annualized gross domestic product rose 1.8% (QoQ) in the second quarter of 2012 against the market expectation for a … Continue reading

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USD/CHF: Pair marginally higher ahead of PMI and retail sales data in Switzerland

For the 24 hours to 23:00 GMT on Friday, USD declined 0.58% against the CHF and closed at 0.9544. In the US, the Thomson Reuters/University of Michigan final sentiment index climbed to a reading of 74.3, a three-month high. Additionally, … Continue reading

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USD/JPY: Trading below its MA’s

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.37% against the JPY and closed at 78.28, after the Federal Reserve Chairman, Ben Bernanke, left the door open to a further monetary easing. In the Asian session, at … Continue reading

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GBP/USD: Pound trading lower after Friday’s gain

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.56% against the USD and closed at 1.5877. In economic news, in the UK, Nationwide house prices declined 0.7% annually in August, compared to a 2.6% drop in July. … Continue reading

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EUR/USD: Greenback fell on Ben Bernanke comments, trading marginally higher in the Asian session

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.58% against the USD and closed at 1.2582. The US dollar came under pressure after the US Federal Reserve Chairman, Ben Bernanke, at Jackson Hole summit expressed deep worry … Continue reading

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