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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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Daily Archives: March 11, 2013
Trading signals for Monday 11-03-2013
Forex, Commodities and Index signals for Monday 11-03-2013 11:00 GMT Continue reading
Posted in Trading Signals
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EUR/USD: Greenback gained as US jobs numbers zoomed past market expectations, trading lower this morning
On Friday, EUR declined 0.87% against the USD and closed at 1.2994. Demand for the greenback soared after the reports that hiring took place at a much faster pace than expected in the US last month. The US Department of … Continue reading
Posted in EUR/USD
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GBP/USD: Lloyds employment confidence index advances in February
On Friday, GBP fell 0.57% against the USD and closed at 1.4940, as the greenback registered gains against major currencies following stronger-than-forecasted US employment data. The Department of Labor indicated that the US economy added 236,000 jobs in February, much … Continue reading
Posted in GBP/USD
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USD/JPY: Yen losses ground on disappointing Japanese core machine orders
On Friday, the USD strengthened 0.97% against the JPY and closed at 95.82. In economic news, Japanese current economic situation index edged up to a reading of 53.2 in February, from a reading of 49.5 in January. Similarly, the outlook … Continue reading
Posted in USD/JPY
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USD/CHF: Swiss Franc trading flat in the Asian session
On Friday, the USD rose 0.90% against the CHF and closed at 0.9516. On the Swiss economic front, the consumer price index (CPI) dropped 0.3% annually in line with market expectations and following to a similar drop recorded in the … Continue reading
Posted in USD/CHF
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AUD/USD: Aussie trading lower on Chinese data
On Friday, the AUD weakened 0.39% against the USD to close at 1.0231. The Australian dollar lost ground following the release of upbeat US non-farm payrolls. LME Copper prices rose 0.8% or $59.0/MT to $7730.0/MT. Aluminium prices rose 0.9% … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie advanced on positive employment figures
On Friday, the USD declined 0.13% against the CAD to close at 1.0284. The Loonie recorded gains after Canada’s employment surged more than market expectations in February on gains by service industries, keeping the jobless rate at a four-year … Continue reading
Posted in USD/CAD
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Crude Oil: Oil trading lower as Saudi Arabia increased crude production and on tepid Chinese data
On Friday, Crude Oil prices advanced 0.52% against the USD, closing at 91.95, helped by a positive US February jobs report. A report released by the Labor Department last Friday showed that the US employers added 236,000 new jobs … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher this morning
On Friday, Silver prices rose 0.38% to the USD29.00 per ounce. In the Asian session, at GMT0400, Silver is trading at 29.05, 0.16% higher from Friday’s close. Silver is expected to find support at 28.54, and a fall through … Continue reading
Posted in Silver
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Gold: Yellow metal trading higher in the Asian session
On Friday, Gold prices traded marginally higher against the USD, at 1578.80 per ounce. Gains in the yellow metal were limited as the US Dollar rose, after the US jobs data outperformed market expectations. In the Asian session, at … Continue reading
Posted in Gold
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