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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: September 2012
Crude Oil: Oil fell on demand concerns
Crude Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 90.32, on demand concerns, as Euro-zone debt crisis escalated, while disappointing housing data in the US renewed worries that nation still faces headwinds, … Continue reading
Posted in Crude Oil
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Silver: Trading above MA’s
Silver prices rose 0.43% to the USD 33.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.99, 0.23% higher from yesterday’s close. Silver is expected to find support at 33.52, … Continue reading
Posted in Silver
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Gold: Trading higher in the Asian session
Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1752.64 per ounce. In the Asian session, at GMT0300, Gold is trading at 1754.18, 0.09% higher from yesterday’s close. Gold is expected to … Continue reading
Posted in Gold
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AUD/USD: Aussie continue its northward rally this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.12% against the USD to close at 1.0374. LME Copper prices declined 1.3% or $105.0/MT to $8130.3/MT. Aluminium prices declined 1.0% or $20.0/MT to $2048.5/MT. In the Asian session, at GMT0300, … Continue reading
Posted in AUD/USD
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USD/CAD: Risk aversion weighed on Loonie, trading higher this morning
For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD to close at 0.9844. The Loonie remain under pressure, as risk aversion increased after the European Central Bank official, Joerg Asmussen, warned that it would not … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc continues its fall in the Asian session
For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9388. The Swiss franc followed the Euro down against the greenback yesterday on concern about Spain’s need for a bailout. In the US, … Continue reading
Posted in USD/CHF
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USD/JPY: Yen higher ahead of series of economic data in Japan
For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 77.74. In the Asian session, at GMT0300, the pair is trading at 77.64, with the USD trading 0.13% lower from yesterday’s close. The … Continue reading
Posted in USD/JPY
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GBP/USD: Sterling fell amid risk aversion, trading higher in the Asian session
For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6177, as risk aversion increased on growing concerns about Spain’s need for a bailout. In the UK, CBI realized trades rose more-than-expected to a … Continue reading
Posted in GBP/USD
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EUR/USD: Euro down on Spain and Greece worries
For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2881, after the Bank of Spain reported that Spain’s gross domestic product would probably fall at a “significant rate” in the third quarter of … Continue reading
Posted in EUR/USD
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Trading signals for Wednesday 26-09-2012
Forex, Commodities and Index signals for Wednesday 26-09-2012 11:00 GMT Continue reading
Posted in Trading Signals
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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
Posted in Crude Oil
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