Monthly Archives: February 2013

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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Trading signals for Thursday 07-02-2013

Forex, Commodities and Index signals for Thursday 07-02-2013 11:00 GMT Continue reading

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GBP/USD: Mark Carney’s speech, BoE policy meeting takes center stage

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5663, as the Lloyds Banking Group’s Halifax division indicated that house prices in the UK decreased 0.2% (MoM) in January, in line with … Continue reading

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EUR/USD: Euro continues to be pressured ahead of the ECB meeting

For the 24 hours to 23:00 GMT, EUR declined 0.44% against the USD and closed at 1.3523, as investors fretted that European Central Bank (ECB) President, Mario Draghi, could express concerns over the impact of the Euro’s recent gains on … Continue reading

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USD/JPY: Machinery orders in Japan unexpectedly rise in December

  For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 93.44. Yesterday, the Bank of Japan (BoJ) policy board member, Takehiro Sato stated that, the developments in exchange rate impact prices substantially, … Continue reading

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