Daily Archives: December 20, 2012

Trading signals for Thursday 20-12-2012

Forex, Commodities and Index signals for Thursday 20-12-2012 11:00 GMT Continue reading

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AUD/USD: Wayne Swan indicates budget surplus unlikely

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0476. LME Copper prices declined 0.7% or $60.0/MT to $7945.3/MT. Aluminium prices declined 0.4% or $8.0/MT to $2072.5/MT. In the Asian session, at GMT0400, … Continue reading

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USD/CAD: Canadian Dollar trading lower

For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 0.9889. In Canada, wholesale sales rose 0.9% in October to C$49.2 billion ($49.9 billion) after a revised 1.5% drop in September. In the … Continue reading

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USD/CHF: Swiss Franc trading tad lower this morning, awaits trade balance data

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9137. On the US economic front, the Mortgage Bankers Association (MBA), reported that on a seasonally adjusted basis, mortgage application volume, for … Continue reading

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USD/JPY: BoJ expands stimulus again

  For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 84.24. The Yen continued to remain under pressure amid expectations that the Bank of Japan (BoJ) would unveil more monetary stimulus when … Continue reading

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GBP/USD: BoE offers gloomy outlook for 2013

  For the 24 hours to 23:00 GMT, GBP ended marginally higher against the USD and closed at 1.6251, after minutes of the Bank of England (BoE) indicated that the UK policymakers unanimously decided to hold the key interest rate … Continue reading

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EUR/USD: Euro trading higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.3213. Earlier the Euro had advanced following better-than-expected German business confidence data. In Germany, the business climate index rose to a reading of … Continue reading

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Crude Oil: Crude Oil gained following EIA data, trading lower this morning

  Crude Oil prices advanced 1.86% against the USD for the 24 hour period ending 23:00GMT, closing at 89.64, following reports of a decline in crude oil supplies. Prices were further buoyed amid robust German business optimism data. Yesterday, the … Continue reading

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Silver: Silver reverses losses, moving upwards this morning

  Silver prices declined 2.18% to the USD31.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.11, 0.14% higher from yesterday’s close. Silver is expected to find support at 30.82, … Continue reading

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Gold: Precious metal inches up in Asian session

  Gold prices traded lower by 0.52% against the USD in the 24 hour period ending 23:00GMT, at 1667.73 per ounce. In the Asian session, at GMT0400, Gold is trading at 1667.36, marginally lower from yesterday’s close. Gold is expected … Continue reading

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