Monthly Archives: October 2012

EUR/USD: EURUSD trading below the 1.3000 mark

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.11% against the USD and closed at 1.3027, after strong US jobs data in September fuelled demand for higher-yielding currencies. The US Labor Department indicated that initial jobless … Continue reading

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Crude Oil: Oil prices continues to fall as US job growth fails to impress

  On Friday, Crude Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 89.89, as signs of a jobs recovery in the US did not impress the oil traders. In the Asian session, … Continue reading

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Silver: Silver continues its downward trend this morning

  On Friday, Silver prices declined 1.21% to the USD34.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.01, 1.64% lower from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Gold down on profit booking

  On Friday Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1781.10 per ounce, as profit booking prevailed among investors. In the Asian session, at GMT0300, Gold is trading at 1771.51, … Continue reading

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Trading signals for Friday 05-10-2012

Forex, Commodities and Index signals for Friday 05-10-2012 11:00 GMT Continue reading

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Crude Oil: Oil jumps more than 3%, extending gains this morning

Crude Oil prices advanced 3.46% against the USD for the 24 hour period ending 23:00GMT, closing at 91.40, after the European Central Bank (ECB) President, Mario Draghi stated that the central bank was ready to start purchasing the debt of … Continue reading

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Gold: Yellow metal higher on ECB’s bullish words

Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1792.20 per ounce, as demand for the precious metal rose, after European Central Bank (ECB) President Mario Draghi reiterated that the central bank … Continue reading

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Silver: White metal extends gains in Asian session

Silver prices rose 0.85% to the USD35.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 35.05, 0.16% higher from yesterday’s close. Silver is expected to find support at 34.76, and … Continue reading

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AUD/USD: US Dollar extends losses as sentiment firms up on ECB comments

For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0241, as demand for riskier currencies rose after European Central Bank (ECB) President, Mario Draghi said that the announcement of Outright Monetary Transactions had … Continue reading

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USD/CAD: Loonie rises as market sentiment firms up

For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD to close at 0.9811, as market sentiment firmed up after the European Central Bank (ECB) reiterated that it was ready to buy the debt of troubled … Continue reading

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USD/CHF: Switzerland’s industrial production grew at a faster pace in Q2

For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 0.9309. The Swiss Franc rose, following a rise in nation’s industrial production. Switzerland’s industrial production rose 4.6% (YoY) in Q2 FY2012, compared to … Continue reading

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