Monthly Archives: March 2013

GBP/USD: UK house price balance declines in February, indicates RICS

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.4906. In the Asian session, at GMT0400, the pair is trading at 1.4895, with the GBP trading marginally lower from yesterday’s close. In … Continue reading

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USD/CHF: Swiss retail sales growth slowed in January

  For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9484. In Switzerland, real retail sales rose 1.9% (YoY) in January, slower than the downwardly revised 4.7% rise recorded in December. In … Continue reading

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USD/CAD: Loonie trading flat this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0267. In the Asian session, at GMT0400, the pair is trading at 1.0267, with the USD trading flat from yesterday’s close. The … Continue reading

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AUD/USD: Australian business confidence drops in February

  For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0277. LME Copper prices declined 0.7% or $53.0/MT to $7677.0/MT. Aluminium prices declined 1.6% or $31.5/MT to $1895.5/MT. In the Asian session, at … Continue reading

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Crude Oil: Trading tad higher this morning

  Crude Oil prices advanced 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 92.06. Earlier, Oil prices were under pressure after weak Chinese economic data over the weekend lowered the outlook for energy demand. Additionally, … Continue reading

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Silver: White metal trading above its MA’s

  Silver prices rose 0.19% to the USD29.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.05, marginally higher from yesterday’s close. Silver is expected to find support at 28.82, … Continue reading

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Gold: Yellow metal moving northwards in the Asian session

  Gold prices traded higher by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1582.46 per ounce. In the Asian session, at GMT0400, Gold is trading at 1584.04, 0.10% higher from yesterday’s close. Gold is expected … Continue reading

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Trading signals for Monday 11-03-2013

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

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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

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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

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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

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