Daily Archives: November 9, 2012

Trading signals for Friday 09-11-2012

Forex, Commodities and Index signals for Friday 09-11-2012 11:00 GMT Continue reading

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AUD/USD: RBA revises down its 2013 economic growth outlook, pair trading higher this morning

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0399. LME Copper prices declined 0.6% or $49.0/MT to $7605.3/MT. Aluminium prices declined 0.2% or $3.3/MT to $1897.3/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie trading higher after yesterday’s fall

  For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD to close at 1.0004. In Canada, trade deficit narrowed to C$0.83 billion in September, marking its sixth consecutive monthly trade deficit and following a revised … Continue reading

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USD/CHF: US Dollar trading lower against the Swiss Franc

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9464, amid positive US economic data. In the US, trade deficit narrowed to $41.5 billion in September, from a revised deficit of … Continue reading

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USD/JPY: Greenback trading higher this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.62% against the JPY and closed at 79.49. Yesterday, The International Monetary Fund urged the US policy-makers to quickly reach an agreement on a permanent fix to avoid automatic … Continue reading

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GBP/USD: BoE left interest rates unchanged; Pound trading higher in the Asian session

  For the 24 hours to 23:00 GMT, GBP remained flat against the USD and closed at 1.5976. Yesterday, the Bank of England (BoE) left the interest rates unchanged at 0.50%, and maintained its quantitative easing at £375 billion, following … Continue reading

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EUR/USD: Euro fell on Draghi’s pessimistic comments, trading higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.2742, after the European Central Bank President, Mario Draghi stated that economic activity in the Euro-zone is expected to remain weak. Moreover, the … Continue reading

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Crude Oil: Oil rose amid upbeat US economic data

  Crude Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at 85.03, amid upbeat US economic news. However, gains were limited, as the European Central Bank President, Mario Draghi, maintained a downbeat outlook … Continue reading

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Silver: White metal rises in the Asian session

  Silver prices rose 1.58% to the USD32.33 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.37, 0.11% higher from yesterday’s close. Silver is expected to find support at 31.86, … Continue reading

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Gold: Gold trading higher this morning

  Gold prices traded higher by 0.88% against the USD in the 24 hour period ending 23:00GMT, at 1732.35 per ounce. In the Asian session, at GMT0400, Gold is trading at 1733.75, marginally higher from yesterday’s close. Gold is expected … Continue reading

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