Monthly Archives: February 2013

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

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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

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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

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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

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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

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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

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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

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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

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Trading signals for Monday 25-02-2013

Forex, Commodities and Index signals for Monday 25-02-2013 11:00 GMT Continue reading

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EUR/USD: Euro trading higher this morning as investors eye Italian election results

  For the 24 hours to 23:00 GMT on Friday, EUR declined marginally against the USD and closed at 1.3182, as downbeat comments by the European Commission added to concerns over the outlook for growth in the Euro-zone. However, upbeat … Continue reading

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GBP/USD: Pound continues to trade lower in the Asian session

  For the 24 hours to 23:00 GMT on Friday, GBP fell marginally against the USD and closed at 1.5251, after Moody’s Investors Service (Moody’s) downgraded its sovereign credit rating on the UK by one notch to “Aa1” and changed … Continue reading

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