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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: February 2013
EUR/USD: Euro trading higher ahead of the Eurogroup meetings due today
For the 24 hours to 23:00 GMT on Friday, EUR declined 0.18% against the USD and closed at 1.3359. In Germany, the seasonally adjusted trade surplus widened to €16.80 billion in December, compared to a revised €15.60 billion surplus … Continue reading
Posted in EUR/USD
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GBP/USD: Pound gained as risk appetite improved; trading lower this morning
For the 24 hours to 23:00 GMT on Friday, GBP rose 0.62% against the USD and closed at 1.5803, as risk appetite improved among investors after the release of strong US trade balance data. In the US, the trade … Continue reading
Posted in GBP/USD
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USD/JPY: Yen’s weakening trend taking place too rapidly, indicated Taro Aso
For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.82% against the JPY and closed at 92.85. On Friday, Japanese Finance Minister Taro Aso stated that the yen’s sharp drop since November has been too fast. … Continue reading
Posted in USD/JPY
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USD/CHF: Swiss Franc buoyed by positive retail sales data; trading lower this morning
For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9178. The Swiss Franc rose after retail sales in Switzerland increased in December. Annual retail sales in Switzerland rose 5.1% … Continue reading
Posted in USD/CHF
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USD/CAD: Loonie fell on disappointing employment and housing data
For the 24 hours to 23:00 GMT on Friday, the USD rose 0.47% against the CAD to close at 1.0027. The Canadian Dollar weakened as investors fretted over the unexpected drop in employment in January. In Canada, employment fell … Continue reading
Posted in USD/CAD
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Crude Oil: Crude Oil moving southwards in the Asian session
On Friday, Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 24:00GMT, closing at 95.77. In the Asian session, at GMT0400, Crude Oil is trading at 95.7, marginally lower from Friday’s close. Lighter trade … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher this morning
On Friday, Silver prices declined 0.33% to the USD31.41 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.47, 0.17% higher from Friday’s close. Silver is expected to find support … Continue reading
Posted in Silver
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Gold: Yellow metal trading higher in the Asian session
On Friday Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 24:00GMT, at 1667.20 per ounce. In the Asian session, at GMT0400, Gold is trading at 1667.65, marginally higher from Friday’s close. Gold … Continue reading
Posted in Gold
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Trading signals for Friday 08-02-2013
Forex, Commodities and Index signals for Friday 08-02-2013 11:00 GMT Continue reading
Posted in Trading Signals
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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
Posted in Uncategorized
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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
Posted in GBP/USD
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