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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
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
Posted in GBP/USD
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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
Posted in Silver
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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
Posted in Gold
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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
Posted in AUD/USD
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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
Posted in USD/CAD
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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
Posted in USD/CHF
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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
Posted in USD/JPY
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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
Posted in EUR/USD
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Trading signals for Tuesday 25-09-2012
Forex, Commodities and Index signals for Tuesday 25-09-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: trading higher ahead of the US crude oil inventories report
Crude Oil prices declined 0.99% against the USD for the 24 hour period ending 23:00GMT, closing at 92.10. Yesterday Iranian President, Mahmoud Ahmadinejad, stated that the Iran does not take seriously Israeli threats of attack, but is prepared to … Continue reading
Posted in Crude Oil
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Silver: Global growth concerns pushed industrial metal prices lower, trading higher in the Asian session
Silver prices declined 1.46% to the USD 34.02 per ounce during the 24 hours ending 23:00GMT, as concerns over the outlook for global growth weighed on industrial metal prices. In the Asian session, at GMT0300, Silver is trading at … Continue reading
Posted in Silver
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