Daily Archives: November 16, 2012

Trading signals for Friday 16-11-2012

Forex, Commodities and Index signals for Friday 16-11-2012 11:00 GMT Continue reading

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USD/CHF: Swiss economic growth to slow more-than-expected, indicates Bloomberg survey

  For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9424. In the Asian session, at GMT0400, the pair is trading at 0.9429, with the USD trading 0.06% higher from yesterday’s close. … Continue reading

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USD/CAD: US Dollar trading higher against the Canadian Dollar this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.0007, as downbeat economic data in the US weighed on demand for the greenback. Additionally, a rise in Canada’s manufacturing sales supported … Continue reading

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AUD/USD: Australian Dollar trading lower against the US Dollar in the Asian session

  For the 24 hours to 23:00 GMT, AUD weakened 0.26% against the USD to close at 1.0338. LME Copper prices declined 0.4% or $29.5/MT to $7605.3/MT. Aluminium prices declined 1.7% or $33.8/MT to $1931.8/MT. In the Asian session, at … Continue reading

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USD/JPY: US Dollar trading lower against the Yen this morning

  For the 24 hours to 23:00 GMT, the USD strengthened 1.15% against the JPY and closed at 81.13. Yesterday, Shinzo Abe, the head of Japan’s Liberal Democratic Party and front runner in the election, called for aggressive monetary easing … Continue reading

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GBP/USD: UK retail sales fell more-than-expected in October, indicates ONS

  For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.5865, as disappointing US economic data weighed on the greenback. However, a drop in UK retail sales limited gains. The Office for National … Continue reading

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EUR/USD: Euro spiked on weak US economic data, trading lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.2782, as greenback came under pressure on disappointing economic data in the US. In the US, the Philly Fed index of current activity … Continue reading

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Crude Oil: Crude Oil dropped amid rise in inventories, trading higher this morning

  Crude Oil prices declined 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 85.39, following a surge in US oil inventories and amid weak US economic data. Yesterday, the Energy Information Administration reported that, for … Continue reading

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Silver: White metal reverses previous session gains

  Silver prices rose marginally to the USD32.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.46, 0.52% lower from yesterday’s close. Silver is expected to find support at 32.16, … Continue reading

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Gold: Gold prices fell after World Gold Council reported a drop in demand

  Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1715.70 per ounce, after the World Gold Council reported that global demand for gold declined 11% from a record a year earlier … Continue reading

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