Monthly Archives: January 2013

Crude Oil: Oil trading higher this morning

  Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 95.34. In the Asian session, at GMT0400, Crude Oil is trading at 95.56, 0.23% higher from yesterday’s close. Crude Oil is expected … Continue reading

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Silver: Silver trading above its MA’s

  Silver prices rose 0.35% to the USD32.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.02, marginally lower from yesterday’s close. Silver is expected to find support at 31.90, … Continue reading

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Gold: Yellow metal moving northwards this morning

  Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1690.35 per ounce, despite the news that India would increase import taxes on bullion to reduce its trade deficit. Yesterday, India, the … Continue reading

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Trading signals for Monday 21-01-2013

Forex, Commodities and Index signals for Monday 21-01-2013 11:00 GMT Continue reading

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USD/CAD: Canadian manufacturing sales expanded in November

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.63% against the CAD to close at 0.9922. In Canada, manufacturing sales expanded 1.7% (MoM) in November, against the expectations for 1.0% rise and October’s contraction of … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.33% against the USD to close at 1.0510. LME Copper prices rose 1.6% or $124.5/MT to $8052/MT. Aluminium prices rose 0.9% or $18.0/MT to $2021.3/MT. In the Asian … Continue reading

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GBP/USD: UK house price index advanced in January, indicates Rightmove

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.63% against the USD and closed at 1.5877, amid disappointing UK retail sales figures. Retail sales in the UK unexpectedly declined 0.1% (MoM) in December, after staying flat … Continue reading

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USD/JPY: Yen trading higher in the Asian session

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.21% against the JPY and closed at 90.00. On Friday, Japanese industrial production declined a seasonally adjusted 1.4% (MoM) in November, slower than the 1.7% fall estimated … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of industrial production data

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.18% against the CHF and closed at 0.9343. In the Asian session, at GMT0400, the pair is trading at 0.9344, with the USD trading marginally higher from … Continue reading

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EUR/USD: Euro pressured as weak US consumer data quelled risk appetite

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.37% against the USD and closed at 1.3325, as downbeat consumer sentiment data in the US turned investors away from riskier assets and go long on the safe-haven … Continue reading

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Crude Oil: Oil rose as IEA raised its demand forecast; trading lower this morning

  On Friday, Crude Oil prices advanced 0.13% against the USD for the 24 hour period ending 24:00GMT, closing at 95.31, as the International Energy Agency (IEA) raised its forecast for oil demand in the FY2013 and as China’s economy … Continue reading

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