Monthly Archives: January 2013

Crude Oil: Oil ended higher on EIA supply report, trading lower this moning

  On Friday, Crude Oil prices advanced 0.45% against the USD for the 24 hour period ending 24:00GMT, closing at 93.19, after official data revealed that crude oil inventories dropped more than expected last week and amid a stronger-than-expected US … Continue reading

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Silver: White metal trading above its MA’s

  On Friday, Silver prices rose 0.34% to the USD30.22 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.27, 0.17% higher from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Yellow metal rebounds in Asian session

  On Friday Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 24:00GMT, at 1655.78 per ounce. In the Asian session, at GMT0400, Gold is trading at 1657.95, 0.13% higher from Friday’s close. Gold … Continue reading

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Trading signals for Friday 04-01-2013

Forex, Commodities and Index signals for Friday 04-01-2013 11:00 GMT Continue reading

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GBP/USD: Trading flat, a series of UK economic data awaited today

  For the 24 hours to 23:00 GMT, GBP fell 1.07% against the USD and closed at 1.6077, amid release of weak economic data from the UK. In economic news, the Markit/CIPS construction purchasing managers’ index (PMI) fell to 48.7 … Continue reading

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EUR/USD: Euro cementing gains in the Asians session after yesterday’s fall

  For the 24 hours to 23:00 GMT, EUR declined 1.21% against the USD and closed at 1.3025. The USD gained after minutes from the December FOMC meeting indicated that most members saw an end to QE this year. Several … Continue reading

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USD/JPY: FOMC minutes give the USD a boost

For the 24 hours to 23:00 GMT, the USD strengthened 0.50% against the JPY and closed at 87.72, after minutes of the Federal Reserve’s last meeting suggested the Fed’s asset purchases may likely end this year. Further, the USD added … Continue reading

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USD/CHF: USD backpedals against the Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT, the USD rose 1.11% against the CHF and closed at 0.9282. Economic data released in Switzerland was a mixed, with the Swiss manufacturing PMI posting an unexpected rise while the KOF leading economic … Continue reading

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AUD/USD: Aussie down on disappointing service data from Australia & China

  For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0449, on broad dollar strength. LME Copper prices rose 0.7% or $15.0/MT to $8140.25/MT. Aluminium prices rose 0.7% or $55.5/MT to $8140.25/MT. In … Continue reading

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Gold: Gold tumble after FOMC minutes

Gold prices traded lower by 1.57% against the USD in the 24 hour period ending 23:00GMT, at 1661.04 per ounce, as the dollar strengthened after the FOMC minutes indicated that quantitative easing may be ending this calendar year. In the … Continue reading

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USD/CAD: Loonie trading flat ahead of Canadian unemployment report

  For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 0.9884, after the minutes from the US Federal Reserve’s latest policy meeting revealed that it may end monetary stimulus as early as … Continue reading

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