Daily Archives: October 2, 2012

Trading signals for Tuesday 02-10-2012

Forex, Commodities and Index signals for Tuesday 02-10-2012 11:00 GMT Continue reading

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Crude Oil: Positive US manufacturing data pushed oil prices higher

Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 92.38, following positive US manufacturing data. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. In … Continue reading

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Silver: Trading higher in the Asian session

Silver prices rose 1.32% to the USD 34.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.80, 0.17% higher from yesterday’s close. Silver is expected to find support at 34.19, … Continue reading

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Gold: Yellow metal rose as the greenback weakened

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1776.13 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1778.13, 0.11% higher from yesterday’s close. … Continue reading

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AUD/USD: Aussie trading higher after a flat close yesterday

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0354. In the US, the Federal Reserve Chairman, Ben Bernanke, stated that he is confident the US economy would continue to expand but added … Continue reading

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USD/CAD: Loonie continues its northward trend in the Asian session

For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 0.9820. In Canada, raw materials prices rose 3.4% (MoM) in August, following a 0.8% rise in July. Additionally the industrial product price index … Continue reading

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USD/CHF: Swiss retail sales rose 5.9% in August

For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9384. The Swiss Franc received support after Swiss retail sales rose 5.9% (YoY) in August, following a revised 2.9% rise in July. Meanwhile, … Continue reading

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USD/JPY: Dollar continues its modest gains against Yen this morning

For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 78.07, after the Institute for Supply Management’s (ISM) factory index in the US rose to 51.5 in September, from 49.6 in August. In … Continue reading

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GBP/USD: Trading steady this morning

For the 24 hours to 23:00 GMT, GBP rose 0.04% against the USD and closed at 1.6128. However, gains were capped after data showed that the manufacturing purchasing managers index (PMI) in the UK declined to 48.4 in September, from … Continue reading

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EUR/USD: Euro extends gains in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 0.60% against the USD and closed at 1.2885, after Euro-zone manufacturing data came in better-than-expected. In the Euro-zone, manufacturing purchasing managers’ index (PMI) rose to a six-month high of 46.1 in … Continue reading

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