Daily Archives: December 18, 2012

Trading signals for Tuesday 18-12-2012

Forex, Commodities and Index signals for Tuesday 18-12-2012 11:00 GMT Continue reading

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USD/CHF: Swiss Franc trading higher this morning

For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9179. In the Asian session, at GMT0400, the pair is trading at 0.9175, with the USD trading marginally lower from yesterday’s close. The … Continue reading

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USD/JPY: Yen trading lower this morning ahead of the Bank of Japan meeting later this week

For the 24 hours to 23:00 GMT, the USD weakened 0.28% against the JPY and closed at 83.92. Japan’s machine tool orders dropped 21.3% (YoY) in November, following 20.7% drop in the previous month. In the Asian session, at GMT0400, … Continue reading

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GBP/USD: Pound trading higher this morning; Awaits UK CPI data

For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.6204. In the Asian session, at GMT0400, the pair is trading at 1.6214, with the GBP trading marginally higher from yesterday’s close. The pair … Continue reading

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EUR/USD: Euro trading tad higher in the Asian session as investors remain cautious amid US budget talks

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3161. In the Euro-Zone, the seasonally adjusted basis trade surplus narrowed to €7.9 billion in October, compared to a surplus of €11.0 billion in … Continue reading

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AUD/USD: RBA minutes reveal that rate cut was to boost non-mining sectors

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0544. LME Copper prices declined 0.6% or $46.8/MT to $8000.5/MT. Aluminium prices rose 1.5% or $31.0/MT to $2163.3/MT. In the Asian session, at GMT0400, … Continue reading

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USD/CAD: Existing home sales declined in Canada

For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 0.9839. In economic releases, existing home sales in Canada declined 1.7% (MoM) in November, following the 0.1% fall recorded in the previous month. … Continue reading

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Silver: Silver reverses previous session losses in the Asian session

Silver prices declined 0.16% to the USD32.26 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.45, 0.59% higher from yesterday’s close. Silver is expected to find support at 32.14, and … Continue reading

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Gold: Yellow metal trading higher this morning

Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1697.39 per ounce. In the Asian session, at GMT0400, Gold is trading at 1702.26, 0.29% higher from yesterday’s close. Gold is expected to … Continue reading

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Crude Oil: Crude Oil trading higher on demand prospects

Crude Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 86.01. Investors await the release of oil inventory data scheduled to be released later today and tomorrow, to offer further guidance to oil … Continue reading

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