Daily Archives: November 6, 2012

Trading signals for Tuesday 06-11-2012

Forex, Commodities and Index signals for Tuesday 06-11-2012 11:00 GMT Continue reading

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USD/CAD: Loonie trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9960. The Canadian Dollar fell as risk appetite eased on concern that Greece’s fiscal struggle would worsen Europe’s debt crisis and amid … Continue reading

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AUD/USD: Aussie trading higher this morning after RBA keeps interest rate unchanged

  For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 1.0381. LME Copper prices declined 2.1% or $161.5/MT to $7603.8/MT. Aluminium prices declined 2.7% or $53.0/MT to $ 1883.8/MT. In the Asian session, … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9433. In the Asian session, at GMT0400, the pair is trading at 0.9445, with the USD trading 0.13% higher from yesterday’s close. … Continue reading

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USD/JPY: Greenback trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 80.17. In the Asian session, at GMT0400, the pair is trading at 80.03, with the USD trading 0.16% lower from yesterday’s close. … Continue reading

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GBP/USD: Pound fell on weak UK service PMI data, trading higher this morning

  For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.5985, after data showed that the UK service sector grew at the slowest pace in nearly two years in October, raising concerns over … Continue reading

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EUR/USD: Euro trading lower ahead of the US presidential elections

  For the 24 hours to 23:00 GMT, EUR declined 0.18% against the USD and closed at 1.2800, as investors opted for the safe haven greenback ahead of the Presidential elections in the US later today. Moreover, risk sentiment among … Continue reading

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Crude Oil: Crude Oil trading lower this morning, Oil inventory reports awaited

  Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 85.79, as worries about unrest in the Middle East, a key source of crude oil for the world, were revived after a … Continue reading

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Silver: Silver trading lower in the Asian session

  Silver prices rose 0.43% to the USD31.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.15, 0.17% lower from yesterday’s close. Silver is expected to find support at 30.79, … Continue reading

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Gold: Yellow metal trading lower this morning, US election in focus

  Gold prices traded higher by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1686.35 per ounce, amid demand from bargain hunters. Additionally, the upcoming festive season in India also boosted gold prices. In the Asian … Continue reading

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