Monthly Archives: September 2012

GBP/USD: Sterling marginally higher ahead of UK CPI and retail sales data

For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6241. The greenback came under pressure after the New York Empire State’s business conditions index fell to -10.41 in September, compared to -5.85 in … Continue reading

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EUR/USD: Euro extended its losses in the Asian session

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3108. Yesterday, the French Finance Minister, Pierre Moscovici, stated that the Spain must decide for itself whether to seek an international bailout, citing this … Continue reading

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Trading signals for Monday 17-09-2012

Forex, Commodities and Index signals for Monday 17-09-2012 11:00 GMT Continue reading

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Crude Oil: Oil continues its rally this morning

On Friday, Crude Oil prices advanced 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 98.94, after the Federal Reserve vowed another round of stimulus to boost the economy, and as unrest in the Middle East … Continue reading

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Silver: Marginally lower in the Asian session

On Friday, Silver prices rose 0.27% to USD 34.66 per ounce during the 24 hours ending 23:00GMT, tracking rise in base metal prices. In the Asian session, at GMT0300, Silver is trading at 34.65, marginally lower from Friday’s close. Silver … Continue reading

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Gold: Yellow metal rose as the greenback weakened

On Friday Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1770.95 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1773.7, 0.16% higher from … Continue reading

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AUD/USD: Aussie trading lower after Friday’s rise

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.12% against the USD to close at 1.0558, as the greenback continued to remain under pressure after the Federal Reserve on Thursday announced plans to stimulate the US economy. … Continue reading

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USD/CAD: Loonie fell amid weak Canadian manufacturing sales data, trading marginally higher this morning

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.26% against the CAD to close at 0.9711. The Loonie came under pressure after the manufacturing sales in Canada fell 1.5% (MoM) to $48.3 billion in July, making … Continue reading

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USD/CHF: Pair continues its southward journey

For the 24 hours to 23:00 GMT on Friday, USD declined 0.86% against the CHF and closed at 0.9272. In economic news, industrial production in the US fell 1.2% (MoM) in August, marking the steepest decline since March 2009 and … Continue reading

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USD/JPY: Dollar trading lower against Yen in the Asian session

For the 24 hours to 23:00 GMT on Friday, USD strengthened 1.02% against the JPY and closed at 78.37. The Yen came under pressure, after Japan lowered the assessment for its economy, marking the first consecutive downgrade since 2009. Additionally, … Continue reading

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GBP/USD: Pound tad lower this morning

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.46% against the USD and closed at 1.6227, on broad dollar weakness In the Asian session, at GMT0300, the pair is trading at 1.6221, with the GBP trading marginally … Continue reading

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