Monthly Archives: September 2012

USD/CAD: Loonie higher ahead of BoC interest rate decision

For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 0.9866. In the US, the Institute for Supply Management (ISM) index of national factory activity fell to 49.6 in August, making it the third … Continue reading

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USD/CHF: Pair trading higher this morning; Swiss CPI data awaited

For the 24 hours to 23:00 GMT, USD rose 0.21% against the CHF and closed at 0.9564. The Swiss Franc fell after data showed that Swiss gross domestic product (GDP) on a seasonally adjusted basis, declined 0.1% (QoQ) in Q2 … Continue reading

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USD/JPY: Pair trading flat in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.17% against the JPY and closed at 78.44. In the US, Markit Economics reported that manufacturing purchasing managers index rose to 51.5 in August, higher than the 51.4 reading in July. … Continue reading

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EUR/USD: Euro continues its downward journey ahead of Euro-zone retail sales data

For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.2559, as investors remained cautious ahead of European Central Bank (ECB) meeting on Thursday to decide whether or not to buy sovereign bonds issued … Continue reading

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Trading signals for Tuesday 04-09-2012

Forex, Commodities and Index signals for Tuesday 04-09-2012 11:00 GMT Continue reading

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Crude Oil: Continues its rally this morning on stimulus hopes

Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 96.84, on persistent hopes for stimulus measures from central banks in the US and Europe, with key policy meetings this week and next.. In … Continue reading

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Silver: Trading above its MA’s

Silver prices rose 1.24% to USD 32.06 per ounce during the 24 hours ending 23:00GMT, tracking base metal prices. In the Asian session, at GMT0300, Silver is trading at 32.24, 0.56% higher from yesterday’s close. Silver is expected to find … Continue reading

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Gold: Yellow metal continues its shine in the Asian session

Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1691.70 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1696.00, 0.25% higher from yesterday’s close. … Continue reading

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AUD/USD: Trading flat ahead of RBA rate decision

For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0241, following weak Australian retail sales data and after China’s manufacturing sector slumped to a nine-month low in August. LME Copper prices rose 1.0% … Continue reading

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USD/CAD: Loonie marginally higher in the Asian session

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9862. In the Asian session, at GMT0300, the pair is trading at 0.9857, with the USD trading 0.05% lower from yesterday’s close. The pair … Continue reading

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USD/CHF: SNB Chairman, Thomas Jordan reiterated his commitment to defend the Euro-Franc ceiling

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.9544. Yesterday, Swiss National Bank Chairman, Thomas Jordan, stated that the bank would continue to do everything in its power to enforce cap on … Continue reading

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