Daily Archives: November 21, 2012

Trading signals for Wednesday 21-11-2012

Forex, Commodities and Index signals for Wednesday 21-11-2012 11:00 GMT Continue reading

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USD/JPY: Japan recorded its worst October trade figures in more than 30 years, trading lower in the Asian session

For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 81.74. In economic news, Japan’s department store sales fell 2.4% (YoY) in October, while its all industry activity eased 0.3% (MoM) in September, … Continue reading

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USD/CHF: Swiss trade surplus widened in October, pair trading higher this morning

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9403. Switzerland’s trade surplus widened to CHF2.8 billion in October, from a revised CHF1.9 billion surplus in September. Meanwhile, on a monthly basis, … Continue reading

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USD/CAD: Canadian Dollar trading lower this morning

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9967. In Canada, wholesale sales declined 1.4% (MoM) in September, compared to a downwardly revised 0.3% increase recorded in the previous month. In … Continue reading

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AUD/USD: Australian Dollar weakened after Glenn Stevens’ signal of further rate cuts

For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0388, after the Reserve Bank of Australia Governor, Glenn Stevens, late yesterday hinted that there may be an interest rate cut in coming months. … Continue reading

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GBP/USD: Pound gained amid optimism over Greece aid, trading lower this morning

  For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.5923, as investors hoped that the Euro-zone finance ministers would unlock Greece’s next tranche of bailout funds offsetting a downgrade on France by … Continue reading

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EUR/USD: Euro-zone ministers make progress on Greek debt deal, indicates the Euro-group President

  For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.2812. Yesterday, the Euro-group President, Jean-Claude Juncker, stated that Euro-zone finance ministers have made progress on a package of measures to reduce Greek … Continue reading

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Crude Oil: US crude inventories slid in the second weekly decline in three, indicates API

  Crude Oil prices declined 1.79% against the USD for the 24 hour period ending 23:00GMT, closing at 87.34, as reports that Israel and Palestinians were near a truce eased investor worries over supply from the region. Late yesterday, the … Continue reading

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Silver: White metal slips this morning

  Silver prices rose 0.17% to the USD33.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.91, 0.67% lower from yesterday’s close. Silver is expected to find support at 32.76, … Continue reading

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Gold: Yellow metal extends its losses

  Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1726.63 per ounce. In the Asian session, at GMT0400, Gold is trading at 1722.33, 0.25% lower from yesterday’s close. Gold is expected … Continue reading

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