Daily Archives: November 20, 2012

Trading signals for Tuesday 20-11-2012

Forex, Commodities and Index signals for Tuesday 20-11-2012 11:00 GMT Continue reading

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AUD/USD: RBA considered more easing may be appropriate, indicates Minutes

  For the 24 hours to 23:00 GMT, AUD strengthened 0.39% against the USD to close at 1.0401. LME Copper prices rose 1.3% or $97.5/MT to $7670.3/MT. Aluminium prices rose 0.3% or $6.5/MT to $1927.8/MT. In the Asian session, at … Continue reading

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USD/CHF: Pair trading below its MA’s

  For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9428. In the Asian session, at GMT0400, the pair is trading at 0.9411, with the USD trading 0.19% lower from yesterday’s close. … Continue reading

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USD/CAD: Canadian Dollar gains on stronger oil prices

  For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 0.9970, as hopes for progress on resolving the US fiscal cliff and rising crude oil prices boosted demand for the Canadian dollar. … Continue reading

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USD/JPY: Yen trading higher as BoJ keeps policy unchanged

  For the 24 hours to 23:00 GMT, the USD weakened 0.23% against the JPY and closed at 81.37. On the economic front, the leading index in Japan declined to a reading of 91.6 in September, compared to a reading … Continue reading

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GBP/USD: Trading higher this morning

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5893, as traders turned optimistic that policymakers in the US would reach a deal in order to avert the “fiscal cliff”. In the … Continue reading

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EUR/USD: Moody’s downgrades France on weak growth

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2767, as robust housing data in the US increased investor risk appetite. Earlier, in the European trading hours, the Euro was in demand … Continue reading

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Crude Oil: Middle Eastern concerns, US optimism further boost crude oil prices

  Crude Oil prices advanced 1.54% against the USD for the 24 hour period ending 23:00GMT, closing at 88.93, after conflict between Israel and Palestinian militants intensified, raising the threat of a broader conflict in the Middle East. Prices were … Continue reading

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Silver: Trading higher in the Asian session

  Silver prices rose 2.01% to the USD33.08 per ounce during the 24 hours ending 23:00GMT, as firming global trend boosted demand for industrial metals. In the Asian session, at GMT0400, Silver is trading at 33.16, 0.26% higher from yesterday’s … Continue reading

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Gold: Yellow metal tad higher

  Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1732.02 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1733.47, marginally higher from yesterday’s … Continue reading

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