Daily Archives: October 1, 2012

Trading signals for Monday 01-10-2012

Forex, Commodities and Index signals for Monday 01-10-2012 11:00 GMT Continue reading

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Crude Oil: Oil prices lower on weak US and Chinese manufacturing data

On Friday, Crude Oil prices declined 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 92.10, amid demand concerns following weak US manufacturing data. In the Asian session, at GMT0300, Crude Oil is trading at 91.3, … Continue reading

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Silver: Trading lower this morning

On Friday, Silver prices declined 0.25% to the USD 34.53 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.21, 0.92% lower from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Gold extends its losses in the Asian session

On Friday Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1773.07 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1764.32, 0.49% lower from … Continue reading

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AUD/USD: Aussie continues its southward journey this morning

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.61% against the USD to close at 1.0374. LME Copper prices rose 1.1% or $93.0/MT to $8267.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2093.8/MT. Over the weekend, … Continue reading

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USD/CAD: Higher than expected Canadian GDP growth limits losses in CAD

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.23% against the CAD to close at 0.9830. In Canada, the Gross Domestic Product (GDP) rose higher-than-forecast by 0.2% (MoM) in July, compared to a downwardly revised 0.1% … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Swiss retail sales and PMI data

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.33% against the CHF and closed at 0.9404. In Switzerland, the KOF leading indicator rose to 1.67 points in September, compared to a revised reading of 1.59 in … Continue reading

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USD/JPY: Yen gaining strength this morning

For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.49% against the JPY and closed at 78.00. In Japan, housing starts fell 5.5% (YoY) in August, against the market expectation for a 7.5% fall. In the Asian … Continue reading

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GBP/USD: Fitch affirmed the UK’s AAA rating; Sterling drifting lower this morning

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.51% against the USD and closed at 1.6148. In the UK, the index of services on a seasonally adjusted basis rose 1.1% (MoM) in July, compared to the forecast … Continue reading

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EUR/USD: Euro continues its fall in the Asian session

For the 24 hours to 23:00 GMT on Friday, the EUR declined 0.47% against the USD and closed at 1.2852, amid risk aversion among investors following the weak US manufacturing and confidence data. In the US, the Chicago purchasing managers’ … Continue reading

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