Daily Archives: September 10, 2012

Trading signals for Monday 10-09-2012

Forex, Commodities and Index signals for Monday 10-09-2012 11:00 GMT Continue reading

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Crude Oil: Drifting lower this morning

On Friday, Oil prices advanced 1.81% against the USD for the 24 hour period ending 23:00GMT, closing at 96.36. In the Asian session, at GMT0300, Crude Oil is trading at 96.21, 0.16% lower from Friday’s close. Crude oil is expected … Continue reading

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Silver: Trading above its MA’s

On Friday, Silver prices rose 3.20% to USD 33.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.89, 0.61% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Yellow metal rose as the greenback weakened

On Friday Gold prices traded higher by 2.13% against the USD in the 24 hour period ending 23:00GMT, at 1737.29 per ounce, as the greenback weakened, amid speculation of monetary easing by Federal Reserve after a report showed a smaller-than-expected … Continue reading

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USD/CAD: Trading flat from Friday’s close

For the 24 hours to 23:00 GMT on Friday, USD declined 0.52% against the CAD to close at 0.9782. In Canada, the Ivey Purchasing Managers Index (PMI) on a seasonally adjusted number dropped less-than-expected to 62.5 in August, from 62.8 … Continue reading

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AUD/USD: Trading lower in the Asian session

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 1.16% against the USD to close at 1.0397. LME Copper prices rose 2.3% or $173.5/MT to $xxxx.x/MT. Aluminium prices rose 1.3% or $25.3/MT to $1987.8/MT. In the Asian session, … Continue reading

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GBP/USD: UK GDP rose 0.2% in 3 months through August: NIESR

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.51% against the USD and closed at 1.6010, after the release of positive economic data from the UK. In the UK, on a seasonally adjusted basis, manufacturing production rose … Continue reading

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USD/CHF: Swiss unemployment rate steady at 2.9% in August

For the 24 hours to 23:00 GMT on Friday, USD declined 1.01% against the CHF and closed at 0.9444. In Switzerland, on a seasonally adjusted basis, the unemployment rate stood steady at 2.9% in August, in line with market expectations. … Continue reading

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USD/JPY: Japan’s economy grew 0.2% (QoQ) in April-June

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.81% against the JPY and closed at 78.26. In Japan, the leading index fell to a reading of 91.8 in July, from 93.2 in June. The coincident index declined … Continue reading

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EUR/USD: Euro gives up Friday’s gain this morning; Euro-zone investor confidence data awaited

For the 24 hours to 23:00 GMT on Friday, EUR rose 1.47% against the USD and closed at 1.2814, extending its Thursday’s gains, after the European Central Bank (ECB) on Thursday, unveiled a new plan for potentially unlimited bond buying … Continue reading

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