Daily Archives: December 14, 2012

Trading signals for Friday 14-12-2012

Forex, Commodities and Index signals for Friday 14-12-2012 11:00 GMT Continue reading

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Crude Oil: Oil trading higher on upbeat Chinese economic data

Crude Oil prices declined 0.82% against the USD for the 24 hour period ending 23:00GMT, closing at 86.01, after US lawmakers disagreed on steps to avert the spending cuts and tax increases raising concerns about the demand outlook for crude … Continue reading

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Silver: White metal trading flat in the Asian session

Silver prices declined 2.37% to the USD 32.56 per ounce during the 24 hours ending 23:00GMT, as mounting concerns about the US economy and budget impasse reduced demand for the white metal. In the Asian session, at GMT0400, Silver is … Continue reading

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Gold: Gold consolidating below $1700/oz this morning

Gold prices traded lower by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1696.83 per ounce. In the Asian session, at GMT0400, Gold is trading at 1696.35, marginally lower from yesterday’s close. Gold is expected to … Continue reading

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AUD/USD: Aussie gaining strength after China manufacturing expands

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 1.0531. LME Copper prices declined 1.2% or $101.3/MT to $8000.3/MT. Aluminium prices declined 0.6% or $13.3/MT to $2121.3/MT. In the Asian session, at GMT0400, … Continue reading

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USD/CAD: Canadian Dollar holds on to yesterday’s gains

For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD to close at 0.9843. In economic news, new Housing Price Index (HPI) in Canada rose 0.2% (MoM) in October, slightly better than market-expectations of a 0.1% … Continue reading

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USD/CHF: SNB retains EUR/CHF floor rate, rates on hold

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9238. The Swiss National Bank (SNB) left its target range for the three-month Libor rate unchanged at 0.0%-0.25% and maintained its minimum exchange … Continue reading

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USD/JPY: Yen down as weak economic data spurs easing prospects

For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 83.68. The Yen declined amid speculation that Shinzo Abe’s Liberal Democratic Party would win Japanese elections this weekend and push the central bank … Continue reading

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GBP/USD: Sterling declined as S&P cuts UK outlook; trading flat this morning

For the 24 hours to 23:00 GMT, GBP fell 0.14% against the USD and closed at 1.6114. Hours after Chancellor of the Exchequer, George Osborne stated that keeping the government’s borrowing costs low is more important than retaining its top … Continue reading

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EUR/USD: Euro continues its upward journey in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3077, after the Euro-zone finance ministers at a meeting in Brussels approved the long-delayed release of €49.1 billion in financial aid to Greece. Additionally, … Continue reading

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