Daily Archives: February 26, 2013

Trading signals for Tuesday 26-02-2013

Forex, Commodities and Index signals for Tuesday 26-02-2013 11:00 GMT Continue reading

Posted in Trading Signals | Leave a comment

GBP/USD: UK mortgage approvals surprisingly dropped in January

For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5165. However, mortgage approvals in the UK declined unexpectedly to 32,288 approvals in January, from a revised 33,440 approvals in the previous month. Market … Continue reading

Posted in GBP/USD | Leave a comment

USD/JPY: Yen trading higher in the Asian session

For the 24 hours to 23:00 GMT, the USD weakened 1.99% against the JPY and closed at 92.36. In the Asian session, at GMT0400, the pair is trading at 92.07, with the USD trading 0.32% lower from yesterday’s close. The … Continue reading

Posted in USD/JPY | Leave a comment

EUR/USD: Euro fell amid uncertainty in Italy election results

For the 24 hours to 23:00 GMT, EUR declined 0.95% against the USD and closed at 1.3066, as concerns that a potential political vacuum in Italy would revive worries over instability in the Euro-zone weighed on investor sentiment. On the … Continue reading

Posted in EUR/USD | Leave a comment

USD/CHF: Swiss Franc trading higher this morning

For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9316. In the Asian session, at GMT0400, the pair is trading at 0.9300, with the USD trading 0.17% lower from yesterday’s close. The … Continue reading

Posted in USD/CHF | Leave a comment

USD/CAD: Loonie fell as risk appetite waned, trading higher this morning

For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 1.0258. The Canadian Dollar lost appeal as weak US economic data eroded investors risk appetite. Meanwhile, the Bank of Canada (BoC) Governor, Mark … Continue reading

Posted in USD/CAD | Leave a comment

AUD/USD: RBA has option to cut interest rates, indicates Guy Debelle

  For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 1.0270. The Aussie suffered losses after China’s HSBC manufacturing PMI recorded a drop in February. Moreover, the Aussie was further pressured after late … Continue reading

Posted in AUD/USD | Leave a comment

Crude Oil: Oil fell as weak Chinese PMI raised demand concerns; trading higher this morning

  Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 92.14, as a slowdown in Chinese manufacturing activity raised concerns over oil demand. In the Asian session, at GMT0400, Crude Oil is … Continue reading

Posted in Crude Oil | Leave a comment

Silver: Silver trading higher this morning

  Silver rose 0.17% to the USD28.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.00, 0.10% higher from yesterday’s close. Silver is expected to find support at 28.75, and … Continue reading

Posted in Silver | Leave a comment

Gold: Yellow metal trading higher in the Asian session ahead of Fed Chairman’s testimony

  Gold prices traded 0.76% higher against the USD in the 24 hour period ending 23:00GMT, at 1592.85 per ounce. In the Asian session, at GMT0400, Gold is trading at 1593.10, 0.74% higher from yesterday’s close, ahead of the US … Continue reading

Posted in Gold | Leave a comment