Daily Archives: March 19, 2013

Trading signals for Tuesday 19-03-2013

Forex, Commodities and Index signals for Tuesday 19-03-2013 11:00 GMT Continue reading

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EUR/USD: Euro trading tad higher in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.2944. Earlier, the Euro came under pressure after Cyprus indicated it plans a one-time levy on bank deposits as part of a bailout deal … Continue reading

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GBP/USD: Pound trading tad higher this morning

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5096, as the pound continued to remain under pressure as renewed concerns over the handling of the debt crisis in the Euro-zone continued … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

  For the 24 hours to 23:00 GMT, the USD strengthened 0.48% against the JPY and closed at 95.36. In the Asian session, at GMT0400, the pair is trading at 95.60, with the USD trading 0.25% higher from yesterday’s close. … Continue reading

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USD/CHF: Swissy trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9473. In Switzerland, the State Secretariat for Economic Affairs (SECO) projected the economy to grow 2.1% in 2014, up from 2.0% estimated … Continue reading

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USD/CAD: Canadian foreign securities purchases hit a four-month high

  For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0224. On the economic front, the foreign securities purchases hit a four-month high, as a report by Statistics Canada indicated that non-residents … Continue reading

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AUD/USD: Central bank open to further rate cuts if required, indicates RBA minutes

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0393. Late yesterday, the Assistant Governor of the Reserve Bank of Australia (RBA), Guy Debelle, stated that although foreign ownership in Australian government … Continue reading

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Crude Oil: Oil prices increased on Saudi comments, Libya clashes; trading tad lower this morning

  Crude Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 93.83. Earlier, oil prices came under pressure after news of taxing bank accounts in debt-laden Cyprus raised fears of further turmoil in … Continue reading

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Silver: White metal moves northwards in the Asian session

  Silver prices declined marginally to the USD28.96 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.99, 0.10% higher from yesterday’s close. Silver is expected to find support at 28.72, … Continue reading

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Gold: Gold rose on safe-haven buying

  Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1606.02 per ounce, surpassing the important $1,600 level as investors sought refuge in the safe-haven metal amid concerns over a controversial bailout … Continue reading

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