Monthly Archives: December 2012

EUR/USD: Fiscal-cliff drama to dominate Christmas week

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.38% against the USD and closed at 1.3188, as investor risk appetite continued to decrease a day after the Republican “Plan B” effort to avoid the fiscal cliff … Continue reading

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USD/JPY: US Dollar reverses previous session losses this morning

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.24% against the JPY and closed at 84.23, after the University of Michigan reported that its index of consumer sentiment unexpectedly deteriorated in December to 72.9 from … Continue reading

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USD/CHF: Swiss Franc trading lower against the US dollar in the Asian session

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.25% against the CHF and closed at 0.9152. In the Asian session, at GMT0400, the pair is trading at 0.9163, with the USD trading 0.11% higher from … Continue reading

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USD/CAD: Canadian GDP rose in October

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.56% against the CAD to close at 0.9932. On the economic front, consumer prices in Canada rose 0.8% in the 12 months to November, following a 1.2% … Continue reading

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AUD/USD: Tad higher this morning

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.78% against the USD to close at 1.0398, as an impasse on talks to avert the so-called fiscal cliff in the US sapped demand for higher-yielding assets. … Continue reading

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Crude Oil: Crude Oil was pressured as investors fretted over the US fiscal cliff resolution

  On Friday, Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 24:00GMT, closing at 88.89, as uncertainty over the ability of the US to resolve a budget crisis before a year-end deadline stoked investor … Continue reading

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Silver: White metal rises in the Asian session

  On Friday, Silver prices rose 0.11% to the USD30.01 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.06, 0.17% higher from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Trading flat this morning

  On Friday Gold prices traded higher by 0.52% against the USD in the 24 hour period ending 24:00GMT, at 1657.17 per ounce. In the Asian session, at GMT0400, Gold is trading at 1657.21, flat from Friday’s close. Gold is … Continue reading

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Trading signals for Friday 21-12-2012

Forex, Commodities and Index signals for Friday 21-12-2012 11:00 GMT Continue reading

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EUR/USD: Euro gained as investor cheered positive US economic data, trading lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD and closed at 1.3237, as risk appetite increased among investors after the US government revised its Q3 FY2012 gross domestic product growth rates higher than expected. … Continue reading

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GBP/USD: Pound trading lower this morning

  For the 24 hours to 23:00 GMT, GBP rose 0.13% against the USD and closed at 1.6272, as investors digested stronger-than-expected data out of the US. Meanwhile in the UK, the Office for National Statistics (ONS) reported that retail … Continue reading

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