Daily Archives: December 4, 2012

Trading signals for Tuesday 04-12-2012

Forex, Commodities and Index signals for Tuesday 04-12-2012 11:00 GMT Continue reading

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USD/CAD: Canadian Dollar trading lower ahead of the BoC interest rate decision

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9944. In the Asian session, at GMT0400, the pair is trading at 0.9949, with the USD trading marginally higher from yesterday’s close. The … Continue reading

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USD/CHF: US Dollar trading higher against the Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9248. The Swiss Franc advanced following a rise in Swiss PMI and retail sales. On the Swiss economic front, the SVME-PMI rose to … Continue reading

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USD/JPY: Yen gained in the Asian session amid positive Japanese economic data

For the 24 hours to 23:00 GMT, the USD weakened 0.40% against the JPY and closed at 82.15, after the ISM purchasing managers index (PMI) in the US retreated to a reading of 49.5 in November, marking the lowest level … Continue reading

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GBP/USD: UK BRC retail sales rises in November

For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6097, after the UK’s seasonally adjusted manufacturing purchasing managers’ index (PMI) rose to 49.1 in November, from a revised reading of 47.3 in October. … Continue reading

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EUR/USD: Euro gained on higher risk appetite; trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.52% against the USD and closed at 1.3064, as risk appetite increased buoyed by Greece’s $13 billion bond buyback plan and amid upbeat Chinese economic. Yesterday, in an effort to reform … Continue reading

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Crude Oil: Crude Oil trading lower ahead of inventory reports

Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 89.06, amid supply worries stemming from lingering tensions in the Middle East including a fragile ceasefire between Israel and Palestine and worsening unrest … Continue reading

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Silver: White metal trading below its MA’s

Silver prices rose 0.10% to the USD33.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.39, 0.54% lower from yesterday’s close. Silver is expected to find support at 33.21, and … Continue reading

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Gold: Gold continues to decline in the Asian session

Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1716.06 per ounce. In the Asian session, at GMT0400, Gold is trading at 1710.60, 0.32% lower from yesterday’s close. Gold is expected to find … Continue reading

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AUD/USD: RBA cut rates to 3% to boost economy

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0432. LME Copper prices rose 0.3% or $26.5/MT to $7975.3/MT. Aluminium prices rose 0.9% or $17.8/MT to $2096.3/MT. In the Asian session, at GMT0400, … Continue reading

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