Monthly Archives: February 2013

Crude Oil: Oil buoyed by positive US consumer sentiment, manufacturing data, trading tad lower this morning

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 97.61, on the back of upbeat US consumer sentiment and manufacturing data. In the US, the consumer sentiment index rose … Continue reading

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Silver: White metal continued its upward trend; trading lower this morning

  On Friday, Silver prices rose 1.14% to the USD31.83 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.82, marginally lower from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Gold ‘production cliff’ ahead, indicated a leading broker

  On Friday Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 24:00GMT, at 1667.31 per ounce. A leading broker, in its latest report, indicated that the world is heading for a major gold … Continue reading

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Trading signals for Friday 01-02-2013

Forex, Commodities and Index signals for Friday 01-02-2013 11:00 GMT Continue reading

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EUR/USD: Euro heading northwards

  For the 24 hours to 23:00 GMT, EUR rose 0.32% against the USD and closed at 1.3612, despite disappointing data from the Europe. Economic data from Germany indicated that the nation’s retail sales declined 1.7% (MoM) in December, compared … Continue reading

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GBP/USD: Pound trading higher this morning

  For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5869, amid positive UK economic data. Yesterday, UK’s GfK consumer confidence index rose to a reading of -26.0 in January, compared to a … Continue reading

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USD/JPY: Japanese unemployment rate rises in December

  For the 24 hours to 23:00 GMT, the USD strengthened 0.79% against the JPY and closed at 91.73. In the Asian session, at GMT0400, the pair is trading at 92.13, with the USD trading 0.44% higher from yesterday’s close. … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9092. In the Asian session, at GMT0400, the pair is trading at 0.9104, with the USD trading 0.13% higher from yesterday’s close. … Continue reading

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USD/CAD: Loonie advanced amid upbeat Canadian GDP figures

  For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD to close at 0.9969. The Canadian Dollar gained following a stronger-than-expected gross domestic product data in Canada. Yesterday, Canada’s gross domestic product grew 0.3% (MoM) … Continue reading

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AUD/USD: Aussie drops after China manufacturing data disappoints and as Australia’s PPI eases

  For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0431. Late yesterday, the Australia Industry Group’s performance of manufacturing index retreated to a reading of 40.2 in January, the lowest level since … Continue reading

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Crude Oil: Crude oil slips further on disappointing Chinese PMI

  Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 97.54, as risk appetite decreased among investors after disappointing weekly jobless claims in the US. In the Asian session, at GMT0400, Crude … Continue reading

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