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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 25, 2013
Trading signals for Monday 25-03-2013
Forex, Commodities and Index signals for Thursday 21-03-2013 11:00 GMT Continue reading
Posted in Trading Signals
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EUR/USD: Euro gains as Cyprus secures bailout, avoids bankruptcy
On Friday, EUR rose 0.62% against the USD and closed at 1.2983, as sentiment improved after Cyprus agreed with Greece on a takeover of the Greek units of Cypriot banks, easing fears of the country’s exit from the Euro-zone. … Continue reading
Posted in EUR/USD
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GBP/USD: Pound advances as Hometrack house prices rise the most in three years
On Friday, GBP rose 0.31% against the USD and closed at 1.5227. However, gains in Pound were limited as ratings agency Fitch placed Britain’s ‘AAA’ rating on ‘Negative’ watch. The agency indicated that the persistently weak performance of UK … Continue reading
Posted in GBP/USD
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USD/JPY: Yen trading lower ahead of new BoJ Governor testimony
On Friday, the USD weakened 0.51% against the JPY and closed at 94.44. In the Asian session, at GMT0400, the pair is trading at 94.89, with the USD trading 0.48% higher from Friday’s close, ahead of a testimony from … Continue reading
Posted in USD/JPY
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USD/CHF: Swiss Franc trading higher in the Asian session
On Friday, the USD declined 0.53% against the CHF and closed at 0.9412.. In the Asian session, at GMT0400, the pair is trading at 0.9393, with the USD trading 0.20% lower from Friday’s close. The pair is expected to … Continue reading
Posted in USD/CHF
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USD/CAD: Loonie advanced as oil prices rose on improved risk appetite; trading slightly lower this morning
On Friday, the USD declined 0.18% against the CAD to close at 1.0227. The Canadian Dollar recorded gains as crude oil rose amid speculation that Cyprus is on the verge of finalizing a deal to avert a financial collapse, … Continue reading
Posted in USD/CAD
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AUD/USD: Aussie trading tad higher this morning
On Friday, the AUD strengthened marginally against the USD to close at 1.0445, as riskier assets found demand in the market as investors speculated a potential resolution to the banking crisis in Cyprus. Market sentiment strengthened as political leaders … Continue reading
Posted in AUD/USD
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Crude Oil: Oil advanced as OPEC warned of reduction in shipments
On Friday, Crude Oil prices advanced 1.44% against the USD, closing at 93.71, after the Organization of Petroleum Exporting Countries (OPEC) indicated that it would reduce oil shipments over the next few weeks. In the Asian session, at GMT0400, … Continue reading
Posted in Crude Oil
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Silver: White metal fell sharply on Friday, trading higher in the Asian session
On Friday, Silver prices declined 1.50% to the USD28.74 per ounce. In the Asian session, at GMT0400, Silver is trading at 28.89, 0.52% higher from Friday’s close. Silver is expected to find support at 28.60, and a fall through … Continue reading
Posted in Silver
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Gold: Yellow metal retreated as safe haven demand dropped, trading higher this morning
On Friday, Gold prices traded lower by 0.46% against the USD, at 1608.58 per ounce, as demand for the safe haven metal decreased following news that Greece may raise the stakes it owns in Cypriot banks to ease the … Continue reading
Posted in Gold
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