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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
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: December 2012
AUD/USD: Westpac leading index tad higher in October
For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 1.0518, after the nation’s Reserve Bank cited a softer labor market for cutting interest rates at this month’s meeting. LME Copper prices rose 0.1% … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie continues its southward journey
For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 0.9862. In the Asian session, at GMT0400, the pair is trading at 0.9866, with the USD trading marginally higher from yesterday’s close. The … Continue reading
Posted in USD/CAD
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Silver: White metal continues to trade lower in the Asian session
Silver prices declined 1.55% to the USD31.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.64, 0.40% lower from yesterday’s close. Silver is expected to find support at 31.15, and … Continue reading
Posted in Silver
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Gold: Gold trading below its MA’s
Gold prices traded lower by 1.23% against the USD in the 24 hour period ending 23:00GMT, at 1676.51 per ounce, as demand for the precious metal decreased amid hopes that a resolution for the fiscal cliff is approaching. In the … Continue reading
Posted in Gold
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Crude Oil: Crude Oil gives up some gains in the Asian session
Crude Oil prices rose 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 88.00, amid optimism that US is making progress towards averting the fiscal cliff. Late yesterday, the American Petroleum Institute reported that crude-oil supplies … Continue reading
Posted in Crude Oil
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Trading signals for Tuesday 18-12-2012
Forex, Commodities and Index signals for Tuesday 18-12-2012 11:00 GMT Continue reading
Posted in Trading Signals
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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
Posted in USD/CHF
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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
Posted in USD/JPY
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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
Posted in GBP/USD
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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
Posted in EUR/USD
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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
Posted in AUD/USD
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