Daily Archives: October 3, 2012

Trading signals for Wednesday 03-10-2012

Forex, Commodities and Index signals for Wednesday 03-10-2012 11:00 GMT Continue reading

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Crude Oil: Oil prices fell on API data

Crude Oil prices declined 0.92% against the USD for the 24 hour period ending 23:00GMT, closing at 91.59, amid rise in the US crude oil inventories. Late yesterday, the American Petroleum Institute (API) that the US crude oil inventories rose … Continue reading

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Silver: Trading below its MA’s

Silver prices declined 0.48% to the USD 34.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.51, 0.16% lower from yesterday’s close. Silver is expected to find support at 34.25, … Continue reading

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Gold: Yellow metal steady in the Asian session

Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1774.31 per ounce. In the Asian session, at GMT0300, Gold is trading at 1773.43, 0.05% lower from yesterday’s close. Gold is expected to … Continue reading

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AUD/USD: AUD fell on rate cut; Lower today after Australian trade deficit widens

For the 24 hours to 23:00 GMT, AUD weakened 1.01% against the USD to close at 1.0256, after the Reserve Bank of Australia (RBA) cut interest rates a three-year low of 3.25% and left the door open for more easing. … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 0.9841, as sentiment were dented after Spain’s Prime Minister stated that a request for a debt bailout for his country is not imminent … Continue reading

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USD/CHF: CHF pares yesterday’s gain against USD this morning

For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9371. In the Asian session, at GMT0300, the pair is trading at 0.9377, with the USD trading 0.07% higher from yesterday’s close. The … Continue reading

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USD/JPY: Yen trading marginally higher this morning

For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 78.23. In the US, the Institute for Supply Management (ISM) reported that the New York’s current business conditions index rose to 52.9 in … Continue reading

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GBP/USD: Pound fell as UK construction activity contracted in September

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6127, after data showed that the construction activity in the UK remained in the contraction territory. In the UK, construction purchasing managers’ index (PMI) … Continue reading

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EUR/USD: Trading lower ahead of Euro-zone services PMI and retails sales data

For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.2907. Initially, the Euro advanced after Reuters reported that the Spanish government is ready to ask for an official bailout as soon as this … Continue reading

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