Daily Archives: February 8, 2013

Trading signals for Friday 08-02-2013

Forex, Commodities and Index signals for Friday 08-02-2013 11:00 GMT Continue reading

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EUR/USD: Euro dropped following Draghi’s comments, trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 1.03% against the USD and closed at 1.3383, after European Central Bank (ECB) President, Mario Draghi stated that the ECB is keeping a watchful eye on the Euro’s recent strength for … Continue reading

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GBP/USD: Pound gained on encouraging UK economic data, BoE’s stance

For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.5706, amid positive UK economic data and as the Bank of England left interest rates on hold at 0.50% and voted to maintain its … Continue reading

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USD/JPY: Japanese trade deficit narrowed in December

  For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 93.61. In the Asian session, at GMT0400, the pair is trading at 93.49, with the USD trading 0.12% lower from yesterday’s close. … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of unemployment and retail sales data

  For the 24 hours to 23:00 GMT, the USD rose 0.96% against the CHF and closed at 0.9188. In Switzerland, a survey by State Secretariat for Economic Affairs (SECO) indicated that, on a quarterly basis, the consumer confidence index … Continue reading

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USD/CAD: Canada’s building permits slumped in December

  For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 0.9980, as investor risk appetite waned after the European Central Bank expressed concern that the Euro’s strength may hurt recovery in its … Continue reading

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AUD/USD: RBA lowers GDP, inflation outlook

  For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 1.0278. LME Copper prices rose 0.1% or $12.3/MT to $8211.8/MT. Aluminium prices rose 0.3% or $6.5/MT to $2065.8/MT. In the Asian session, at … Continue reading

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Silver: Trading below its MAs

  Silver prices declined 1.04% to the USD31.52 per ounce during the 24 hours ending 23:00GMT, as demand for the industrial metal decreased post gains recorded by the US dollar. In the Asian session, at GMT0400, Silver is trading at … Continue reading

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Gold: Yellow metal trading lower in the Asian session

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1672.35 per ounce, as the US Dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1671.15, marginally lower from … Continue reading

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Crude Oil: Crude Oil dropped on Draghi’s comments, weak US jobs data

  Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, as investor sentiment was impacted after the ECB President, Mario Draghi stated that the bank would closely monitor developments in the … Continue reading

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