Daily Archives: September 26, 2012

Trading signals for Wednesday 26-09-2012

Forex, Commodities and Index signals for Wednesday 26-09-2012 11:00 GMT Continue reading

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Crude Oil: Oil trading higher amid Middle-East concern

Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 90.92. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories rose 335,000 barrels in the week to September … Continue reading

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GBP/USD: Pound trading flat in the Asian session

  For the 24 hours to 23:00 GMT, GBP fell 0.19% against the USD and closed at 1.6194. In the UK, the number of mortgage approvals for house purchase rose to 30,533 in August, up from 28,750 in July. Meanwhile, … Continue reading

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Silver: Trading higher from yesterday’s close

Silver prices declined 0.65% to the USD 33.80 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.00, 0.59% higher from yesterday’s close. Silver is expected to find support at 33.61, … Continue reading

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Gold: Yellow metal gaining strength in the Asian session

Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1761.29 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1764.5, 0.18% higher from yesterday’s close. … Continue reading

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AUD/USD: Aussie continue to decline on risk aversion

  For the 24 hours to 23:00 GMT, AUD weakened 0.58% against the USD to close at 1.0360, as investors shifted from higher-risk currencies, after Philadelphia Federal Reserve President, Charles Plosser said that the Fed’s new bond-buying program may not … Continue reading

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USD/CAD: Canadian retail sales rose more-than-expected in July

For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 0.9814. In Canada, retail sales jumped 0.7% (MoM) in July, against the market expectation for 0.2% rise. In the Asian session, at GMT0300, … Continue reading

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USD/CHF: Downside risks to the Swiss economy would stay high: SNB’s Thomas Jordan

  For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9377. Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, affirmed that the EUR/CHF cap remained the right tool, given that the … Continue reading

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USD/JPY: Yen extends its rally in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.11% against the JPY and closed at 77.79. In Japan, small business confidence index rose to a reading of 45.1 in September, compared to a reading of 44.8 in … Continue reading

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EUR/USD: S&P slashed its 2012-2013 Euro-zone growth forecasts; Euro trading higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.34% against the USD and closed at 1.2897, as investors remain cautious amid uncertainty over whether Spain would request a full scale sovereign bailout. The Euro came under further pressure … Continue reading

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