Monthly Archives: September 2012

AUD/USD: Aussie losing ground this morning amid European stalemate

For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.06% against the USD to close at 1.0443. LME Copper prices rose 1.0% or $80.8/MT to $8281.8/MT. Aluminium prices declined 0.1% or $2.3/MT to $ 2093.3/MT. In the … Continue reading

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USD/CAD: Canadian Dollar trading lower today morning on European policy snag

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.05% against the CAD to close at 0.9769. On the economic front, Canadian wholesale sales unexpectedly fell 0.6% (MoM) in July, against the market expectation for 0.2% fall. … Continue reading

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USD/CHF: Dollar continues its gain against Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT on Friday, the USD rose marginally against the CHF and closed at 0.9329. In Switzerland, the M3 money supply rose 8.5% (YoY) in September, compared to a 9.5% rise in August. In the … Continue reading

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USD/JPY: Japan’s economic activity has started to pick up: BoJ minutes

For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.19% against the JPY and closed at 78.13. In the Asian session, at GMT0300, the pair is trading at 78.10, with the USD trading marginally lower from Friday’s … Continue reading

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GBP/USD: Marching southwards in the Asian session

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.19% against the USD and closed at 1.6249. In economic news, on a seasonally adjusted basis, public sector net borrowing (PSNB) in the UK rose less-than-expected to £12.4 billion … Continue reading

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EUR/USD: Euro trading lower amid Merkel/Hollande disagreement over banking union

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.05% against the USD and closed at 1.2982. On Friday, the German Finance Minister, Wolfgang Schaeublem, stated that the Spain does not need a European bailout citing the nation … Continue reading

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Trading signals for Friday 21-09-2012

Forex, Commodities and Index signals for Friday 21-09-2012 11:00 GMT Continue reading

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USD/CHF: Swiss trade surplus narrowed in August, Swissy trading flat this morning

For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CHF and closed at 0.9327. The Swiss Franc came under pressure after trade surplus in Switzerland narrowed to CHF1.7 billion in August, from revised CHF2.9 billion surplus … Continue reading

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Crude Oil: Oil up on supply concerns

Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 92.92, amid concerns over instability in the Middle East and a refinery shutdown in Venezuela. Oil prices received some support after a fire … Continue reading

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Silver: Trading above its MA’s

Silver prices declined 0.10% to the USD 34.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.78, 0.55% higher from yesterday’s close. Silver is expected to find support at 34.30, … Continue reading

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Gold: Trading higher in the Asian session

Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1767.80 per ounce. In the Asian session, at GMT0300, Gold is trading at 1771.75, 0.22% higher from yesterday’s close. Gold is expected to … Continue reading

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