Daily Archives: November 14, 2012

Trading signals for Wednesday 14-11-2012

Forex, Commodities and Index signals for Wednesday 14-11-2012 11:00 GMT Continue reading

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AUD/USD: Australian Dollar trading higher on improved consumer sentiment

  AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0444. LME Copper prices declined 0.3% or $20.0/MT to $7606.3/MT. Aluminium prices rose 0.8% or $14.8/MT to $1943.8/MT. In the Asian … Continue reading

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USD/CAD: Greenback weakens on rising risk appetite

  For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.0017. In the US economic news, the National Federation of Independent Business’s (NFIB) Small-Business Optimism Index rose to a reading of 93.1 … Continue reading

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USD/CHF: Swiss PPI declined in October

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9472. Switzerland’s producer price index (PPI) retreated 0.1% (MoM) in October, compared to a 0.3% rise recorded in the previous month. In … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 79.46. On the economic front, Japanese industrial production fell 4.1% (MoM) in September, in line with preliminary estimate. Meanwhile, capacity utilization fell … Continue reading

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GBP/USD: UK CPI surges, all eyes on BOE’s inflation report

  For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5875. Earlier the Pound rose as prospects of the Bank of England (BoE) embracing further stimulus measures diminished after economic data released yesterday … Continue reading

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EUR/USD: Euro spikes on Greek aid report

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2710. The Euro was buoyed after German newspaper, Bild Zeitung reported that Greece would get a lump sum of over €44 billion ($55.9 … Continue reading

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Crude Oil: Crude Oil prices dropped as IEA slashed estimates for global oil demand, trading higher this morning

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 85.24, after the International Energy Agency (IEA) lowered its estimates for global oil demand for the Q4 FY2012 by 290,000 barrels to … Continue reading

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Silver: White metal continues to trade higher in Asian session

  Silver prices rose 0.54% to the USD32.52 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.62, 0.32% higher from yesterday’s close. Silver is expected to find support at 32.22, … Continue reading

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Gold: Gold prices move northwards

  Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1726.49 per ounce. In the Asian session, at GMT0400, Gold is trading at 1728.05, marginally higher from yesterday’s close. Gold is expected to … Continue reading

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