Monthly Archives: February 2013

USD/CAD: Canadian Dollar reverses its previous session gains

  For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 0.9957. The greenback came under pressure, as overall risk appetite increased after the release of upbeat Euro-zone and US service sector data. … Continue reading

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AUD/USD: Australian retail sales fell in December

  For the 24 hours to 23:00 GMT, AUD weakened 0.49% against the USD to close at 1.0390, after the Reserve Bank of Australia signaled the possibility for fresh easing measures. LME Copper prices rose 0.2% or $16.5/MT to $8242.3/MT. … Continue reading

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Crude Oil: US crude stockpiles rose: API

  Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64, as positive services PMI data from the Euro-zone, Germany and UK coupled with reports that US budget deficit estimates dropped below … Continue reading

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Silver: White metal trading lower this morning

  Silver prices rose 0.19% to the USD31.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.79, 0.12% lower from yesterday’s close. Silver is expected to find support at 31.57, … Continue reading

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Gold: Precious metal trading tad higher in the Asian session

  Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1672.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1673.35, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Trading signals for Tuesday 05-02-2013

Forex, Commodities and Index signals for Tuesday 05-02-2013 11:00 GMT Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9089. According to the data published by the Union Bank of Switzerland (UBS) the Real Estate Bubble Index in Switzerland rose to … Continue reading

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EUR/USD: Euro fell on Spanish and Italian concerns

  For the 24 hours to 23:00 GMT, EUR declined 0.98% against the USD and closed at 1.3511, amid political turmoil in Spain and Italy. The yield on Spanish 10-year bonds rose, following allegations that Spanish Prime Minister, Mariano Rajoy, … Continue reading

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GBP/USD: BRC retail sales rise in January

  For the 24 hours to 23:00 GMT, GBP rose 0.35% against the USD and closed at 1.5757. However, gains in the Pound were limited as concerns over political tensions in the Euro-zone reduced investor risk appetite. On the economic … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.67% against the JPY and closed at 92.16. In the Asian session, at GMT0400, the pair is trading at 92.38, with the USD trading 0.24% higher from yesterday’s close. … Continue reading

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USD/CAD: Canadian Dollar retreated as risk aversion increased among investors

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9979, as investors sought refuge in the safety of the greenback amid renewed Euro-zone worries. Moreover, drop in oil prices further pressured … Continue reading

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