Monthly Archives: November 2012

USD/JPY: BoJ Masaaki Shirakawa urges for deregulation, fiscal reform

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.25% against the JPY and closed at 82.37. In the Asian session, at GMT0400, the pair is trading at 82.28, with the USD trading 0.11% lower from … Continue reading

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GBP/USD: Pound reverses previous session gains, trading lower this morning

  For the 24 hours to 23:00 GMT on Friday, GBP rose 0.58% against the USD and closed at 1.6029, as demand for riskier currencies improved after Greece indicated that the International Monetary Fund had relaxed its debt-cutting target for … Continue reading

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EUR/USD: Euro lower ahead of Euro-zone meeting on Greece

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.79% against the USD and closed at 1.2976, as investor risk appetite was boosted by better-than-expected German economic data. Moreover, the Euro also gained after Greece indicated that … Continue reading

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Crude Oil: Crude Oil gained on German confidence data and Middle East unrest, trading lower this morning

  On Friday, Crude Oil prices advanced 1.37% against the USD for the 24 hour period ending 24:00GMT, closing at 88.26, as upbeat German business confidence data raised hopes that the European economy may improve and would increase demand for … Continue reading

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Silver: Trading tad higher in the Asian session

  On Friday, Silver prices rose 2.24% to the USD34.10 per ounce during the 24 hours ending 24:00GMT, as the dollar weakened. In the Asian session, at GMT0400, Silver is trading at 34.13, marginally higher from Friday’s close. Silver is … Continue reading

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Gold: Gold eases on profit booking

  On Friday Gold prices traded higher by 1.31% against the USD in the 24 hour period ending 24:00GMT, at 1752.56 per ounce, rising above $1,750 per ounce for the first time in five weeks, as the greenback weakened. In … Continue reading

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Trading signals for Friday 23-11-2012

Forex, Commodities and Index signals for Friday 23-11-2012 11:00 GMT Continue reading

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AUD/USD: Aussie up during Asian trade

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0379. LME Copper prices rose 0.1% or $11.3/MT to $7715.8/MT. Aluminium prices declined 0.6% or $12.5/MT to $1915.3/MT. In the Asian session, at … Continue reading

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USD/CAD: Canadian retail sales rise in September

  For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 0.9977. On the economic front, Canada’s retail sales rose 0.1% (MoM) in September, from 0.3% in the previous month. In the Asian … 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 0.12% against the CHF and closed at 0.9354. According to media reports, the Swiss National Bank (SNB) Chief, Thomas Jordan, stated that the Swiss economy is likely to show … Continue reading

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USD/JPY: Yen rose on speculation that recent losses were overdone

  For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 82.37. The Yen rose on bargain hunting as investors speculated that recent decline in the currency was overdone. However, gains were capped … Continue reading

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