Daily Archives: September 14, 2012

Trading signals for Friday 14-09-2012

Forex, Commodities and Index signals for Friday 14-09-2012 11:00 GMT Continue reading

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Crude Oil: Oil up on demand prospects

Crude Oil prices advanced 1.43% against the USD for the 24 hour period ending 23:00GMT, closing at 98.20, on speculation that demand for oil might rise from its largest consumer, the US, after the Federal Reserve took steps to boost … Continue reading

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Silver: Trading above its MA’s

Silver prices rose 4.02% to USD 34.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.67, 0.30% higher from yesterday’s close. Silver is expected to find support at 33.26, and … Continue reading

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Gold: Gold jumps following Fed announcement

Gold prices traded higher by 2.20% against the USD in the 24 hour period ending 23:00GMT, at 1769.40 per ounce, as the greenback weakened after the Federal Reserve launched QE3 with a new round of bond buying. In the Asian … Continue reading

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AUD/USD: Greenback continues its fall in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0545. In the US, initial jobless claims jumped by 15,000 to a seasonally adjusted 382,000 in the week ended September 8, compared to the … Continue reading

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USD/CAD: USD tumbles against CAD after Fed announces easing plan

For the 24 hours to 23:00 GMT, USD declined 0.76% against the CAD to close at 0.9686, after the Federal Reserve announced a third round of stimulus measures to boost economic growth in the US. In Canada, new housing price … Continue reading

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USD/CHF: SNB left interest rate unchanged at 0.00-0.25%

For the 24 hours to 23:00 GMT, USD declined 0.22% against the CHF and closed at 0.9352. In Switzerland, the producer price index rose by a seasonally adjusted 0.5% (MoM) in August, against the expectations for a 0.4% decline. Yesterday, … Continue reading

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USD/JPY: Yen lower ahead of Japanese industrial production data

For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 77.58. Yesterday, the Federal Reserve has lowered its growth forecast to 2% in 2012, down from June’s forecast for as much as 2.4% growth. … Continue reading

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GBP/USD: Pound continues its northward rally in the Asian session

For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.6153. The Bank of England, in its quarterly bulletin, stated that the investors’ uncertainty about inflation rose substantially during the financial crisis, and citied … Continue reading

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EUR/USD: EURUSD above the key level of 1.3000 as Federal Reserve launched QE3

For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.2994. Yesterday, the US dollar plunged after the Federal Reserve launched quantitative easing (QE3) with a new round of bond buying, citing that it … Continue reading

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