Daily Archives: February 25, 2013

Trading signals for Monday 25-02-2013

Forex, Commodities and Index signals for Monday 25-02-2013 11:00 GMT Continue reading

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EUR/USD: Euro trading higher this morning as investors eye Italian election results

  For the 24 hours to 23:00 GMT on Friday, EUR declined marginally against the USD and closed at 1.3182, as downbeat comments by the European Commission added to concerns over the outlook for growth in the Euro-zone. However, upbeat … Continue reading

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GBP/USD: Pound continues to trade lower in the Asian session

  For the 24 hours to 23:00 GMT on Friday, GBP fell marginally against the USD and closed at 1.5251, after Moody’s Investors Service (Moody’s) downgraded its sovereign credit rating on the UK by one notch to “Aa1” and changed … Continue reading

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USD/JPY: Yen staging a sharp decline this morning

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.31% against the JPY and closed at 93.44. In the Asian session, at GMT0400, the pair is trading at 94.10, with the USD trading 0.71% higher from … Continue reading

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AUD/USD: Aussie trading tad lower as Chinese PMI data disappoints

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.31% against the USD to close at 1.0325, buoyed by speculation that the Reserve Bank of Australia (RBA) would not be reducing interest rates further any time … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

  For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9304. In the Asian session, at GMT0400, the pair is trading at 0.9312, with the USD trading marginally higher from … Continue reading

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USD/CAD: Loonie dropped on weak CPI, retail sales data

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.42% against the CAD to close at 1.0220. The Canadian Dollar retreated amid another benign reading of Canada’s consumer price index for January and downbeat retail sales … Continue reading

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Crude Oil: Oil prices buoyed by encouraging German business optimism data; trading lower this morning

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 93.13, as investor sentiment was lifted after German business optimism rose sharply in February, raising hopes that the country would … Continue reading

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Silver: White metal trading above in the Asian session

  On Friday, Silver prices rose 0.18% to the USD28.74 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.81, 0.24% higher from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Yellow metal trading above its MA’s

  On Friday Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 24:00GMT, at 1581.40 per ounce. In the Asian session, at GMT0400, Gold is trading at 1583.20, 0.11% higher from Friday’s close. Gold … Continue reading

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