Monthly Archives: December 2012

GBP/USD: UK mortgage approvals rose less-than-expected in November, indicates BBA

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6114, after UK’s British Banker’s Association (BBA) reported that the number of new mortgages approved in November rose to 33,634 approvals from a … Continue reading

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USD/JPY: Yen trading higher

  For the 24 hours to 23:00 GMT, the USD strengthened 0.94% against the JPY and closed at 86.50. Housing starts in Japan grew at a pace of 10.3% (YoY) in November, lower than the 25.2% growth registered in October. … Continue reading

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USD/CAD: Canada Dollar stung by “fiscal cliff” fear, tad higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 0.9950. The Canadian Dollar ended weaker yesterday, as investors fled to safety after the top Democrat in the US Senate indicated that … Continue reading

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USD/CHF: UBS consumption indicator slipped in November

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9126. In Switzerland, the UBS consumption indicator retreated to 1.23 in November, from 1.30 in October. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Aussie trading higher this morning

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0369. LME Copper prices declined 0.7% or $57.0/MT to $7768.3/MT. Aluminium prices rose 0.2% or $3.5/MT to $2035.3/MT. In the Asian session, at … Continue reading

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Crude Oil: API registered a drop in crude oil inventories

  Crude Oil prices advanced 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 91.38. Yesterday, American Petroleum Institute (API) reported that for the week ended December 21, crude-oil supplies fell by 1.2 million barrels. Gasoline … Continue reading

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Silver: White metal on the upward track in the Asian session

  Silver prices rose 0.39% to the USD30.16 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.27, 0.36% higher from yesterday’s close. Silver is expected to find support at 29.81, … Continue reading

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Gold: Yellow metal trading tad lower this morning

  Gold prices traded higher by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1662.22 per ounce. In the Asian session, at GMT0400, Gold is trading at 1661.63, marginally lower from yesterday’s close. Gold is expected … Continue reading

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EUR/USD: Euro trading tad lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3248. In the US economic news, the seasonally adjusted new home sales rose 4.4% to an annual rate of 377,000 in November, from … Continue reading

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Trading signals for Thursday 27-12-2012

Forex, Commodities and Index signals for Thursday 27-12-2012 11:00 GMT Continue reading

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USD/CHF: Swiss Franc trading higher ahead of UBS consumption indicator in Switzerland

  For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9132. In the Asian session, at GMT0400, the pair is trading at 0.913, with the USD trading marginally lower from yesterday’s close. … Continue reading

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