Monthly Archives: March 2013

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

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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

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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

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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

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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

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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

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Trading signals for Friday 08-03-2013

Forex, Commodities and Index signals for Friday 08-03-2013 11:00 GMT Continue reading

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EUR/USD: Euro gained as ECB leaves interest rates unchanged; trading lower in the Asian session

For the 24 hours to 23:00 GMT, EUR rose 1.00% against the USD and closed at 1.3108, after the European Central Bank (ECB) left benchmark interest rates unchanged at 0.75%, in line with the market expectations. Furthermore, the ECB President, … Continue reading

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GBP/USD: Pound gained on BoE action, Draghi remarks; trading lower this morning

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.5026, as the Bank of England’s (BoE) Monetary Policy Committee voted to keep its key interest rate unchanged at 0.5% in line with market … Continue reading

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USD/CHF: Swissy trading lower; CPI data awaited in Switzerland

  For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CHF and closed at 0.9425. On the Swiss economic front, State Secretariat for Economic Affairs (SECO) reported that the seasonally adjusted unemployment rate in Switzerland stood … Continue reading

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USD/JPY: Yen trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 1.03% against the JPY and closed at 94.90. In the Asian session, at GMT0400, the pair is trading at 95.40, with the USD trading 0.53% higher from yesterday’s close. … Continue reading

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