Monthly Archives: January 2013

USD/CAD: Canadian Dollar fell to parity as BoC indicates ‘Rate Boost Less Urgent’

  For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.0001, after the Bank of Canada (BoC) lowered its economic estimates and indicated that it would probably keep interest rates unchanged longer … Continue reading

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AUD/USD: Australian Dollar trading lower this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0535, as investors were disappointed by a sharp drop in the Australian consumer price index. LME Copper prices rose 0.6% or $47.8/MT to $8115.3/MT. … Continue reading

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Crude Oil: Oil slips in the Asian session

  Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 95.55, as investor sentiment dented after the International Monetary Fund (IMF) lowered its 2013 global growth forecast. Oil prices also came under … Continue reading

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Silver: Silver trading lower in the Asian session

  Silver prices rose marginally to the USD32.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.04, 0.57% lower from yesterday’s close. Silver is expected to find support at 31.88, … Continue reading

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Gold: Yellow metal continues to decline this morning

  Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1684.85 per ounce, as increasing confidence in the global economic recovery diminished yellow metal’s appeal as a safe-haven investment. In the Asian … Continue reading

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Trading signals for Wednesday 23-01-2013

Forex, Commodities and Index signals for Wednesday 23-01-2013 11:00 GMT Continue reading

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GBP/USD: Pound trading lower ahead of the BoE minutes, UK Prime Minister’s speech

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5838. Gains in the Pound were capped as market sentiment weakened amid talks over the organization of financial aid to banks by the … Continue reading

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USD/JPY: Yen continues to move northwards

For the 24 hours to 23:00 GMT, the USD weakened 1.24% against the JPY and closed at 88.52. On the economic front, Japan’s all industry activity index fell 0.3% (MoM) in November, slower than the expected 0.5% fall and following … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9296. In the Asian session, at GMT0400, the pair is trading at 0.9291, with the USD trading marginally lower from yesterday’s close. … Continue reading

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AUD/USD: Aussie trading lower amid disappointing Australian consumer prices data

  For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0560. LME Copper prices rose 0.6% or $47.3/MT to $8067.5/MT. Aluminium prices rose 0.4% or $8.0/MT to $2008.3/MT. In the Asian session, at … Continue reading

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EUR/USD: Euro trading lower, after rising on encouraging economic data, Olli-Draghi comments

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3314, after the release of encouraging economic sentiment data from Germany and the Euro-zone. The Euro remained buoyant as the European Union … Continue reading

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