Monthly Archives: September 2012

Gold: Yellow metal fell as the greenback strengthened, trading marginally higher this morning

  Gold prices traded lower by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1764.78 per ounce, as risk aversion triggered investors into the relative safety of the greenback, while Spanish and Greek concerns remained at … Continue reading

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AUD/USD: Aussie trading higher this morning

  For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0421, as optimism related to recent announcements of monetary easing by world central banks was overshadowed by ongoing uncertainty over whether Spain will … Continue reading

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USD/CAD: Loonie trading marginally lower ahead of retail sales data in Canada

  For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 0.9784. The Bank of Canada Governor, Mark Carney, stated that the China’s present economic slowdown and that of other Asian countries such … Continue reading

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USD/CHF: Pair trading marginally higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9348. In the US, the Federal Reserve Bank of Dallas business activity index rose to -0.9 in September from -1.6 in August. … Continue reading

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USD/JPY: BoJ ready for flexible monetary policy action if necessary: BoJ’s Hirohide Yamaguchi

  For the 24 hours to 23:00 GMT, the USD weakened 0.33% against the JPY and closed at 77.87. Yesterday the Bank of Japan (BoJ) Deputy Governor, Hirohide Yamaguchi, stated that the central bank is ready to take bold and … Continue reading

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GBP/USD: Sterling down amid risk aversion, trading flat from yesterday’s close

  For the 24 hours to 23:00 GMT, GBP fell 0.06% against the USD and closed at 1.6230, as risk aversion increased among investors amid renewed concerns over the ongoing debt crisis in the Euro-zone. In the Asian session, at … Continue reading

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EUR/USD: Euro fell on weak German sentiment data and amid uncertainty over plans for a Spanish bailout

For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2943, on a weaker-than-expected German sentiment survey and uncertainty over whether and when Spain would seek a bailout. In Germany, the business climate … Continue reading

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Trading signals for Monday 24-09-2012

Forex, Commodities and Index signals for Monday 24-09-2012 11:00 GMT Continue reading

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Crude Oil: Crude oil plunged this morning

On Friday, Crude Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 93.11. The American Petroleum Institute (API), in its monthly report, stated that the overall petroleum demand from the US continued to … Continue reading

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Gold: Yellow metal trading lower in the Asian session as fresh European concerns spark profit taking

On Friday Gold prices traded higher by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1773.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1759.75, 0.78% lower from Friday’s close, as speculations … Continue reading

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Silver: Trading below its MA’s

On Friday, Silver prices declined 0.12% to the USD 34.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.92, 1.84% lower from Friday’s close. Silver is expected to find support … Continue reading

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