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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
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- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: December 2012
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
Posted in GBP/USD
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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
Posted in EUR/USD
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Trading signals for Thursday 13-12-2012
Forex, Commodities and Index signals for Thursday 13-12-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Oil up on demand prospects
Crude Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 86.00, after the US Federal Reserve took new stimulus steps to bolster the economy. Additionally, the International Energy Agency (IEA) raised fourth quarter … Continue reading
Posted in Crude Oil
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Silver: White metal losing ground in the Asian session
Silver prices rose 1.16% to the USD 33.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.02, 0.97% lower from yesterday’s close. Silver is expected to find support at 32.62, … Continue reading
Posted in Silver
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Gold: Gold hovering around $1700/oz this morning
Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1709.25 per ounce. Gold plunged by more than 1.0% later in the day, after trading higher initially, on profit taking, after the Federal Reserve’s announcement … Continue reading
Posted in Gold
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AUD/USD: Increased risk appetite supports Aussie
For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 1.0545, on higher risk appetite amongst investors, after the Federal Reserve left benchmark US interest rates unchanged and stated that it would extend its … Continue reading
Posted in AUD/USD
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USD/CAD: Greenback tumbles as Fed announces bond-buying program
For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 0.9848, after the Federal Reserve tied its policies to economic benchmarks and stated that it would buy an additional $45 billion of Treasuries … Continue reading
Posted in USD/CAD
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USD/JPY: Yen continues to decline on BoJ expectations
For the 24 hours to 23:00 GMT, the USD strengthened 0.84% against the JPY and closed at 83.22. In the Asian session, at GMT0400, the pair is trading at 83.56, with the USD trading 0.41% higher from yesterday’s close. The … Continue reading
Posted in USD/JPY
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GBP/USD: Sterling advanced on upbeat UK jobless data
For the 24 hours to 23:00 GMT, GBP rose 0.11% against the USD and closed at 1.6135, after an unexpected decline in the UK jobless claims for November. The number of jobless claims in the UK fell by 3,000 to … Continue reading
Posted in GBP/USD
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EUR/USD: EU FinMin agree on ECB supervising bloc’s banks
For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.3066. The US Dollar weakened on news of more monetary easing from the Federal Reserve. Moreover, the US House of Representatives Speaker, John Boehner … Continue reading
Posted in EUR/USD
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