Daily Archives: May 7, 2013

EUR/USD: Euro fell on ECB President’s comments; trading tad higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD and closed at 1.3073. The Euro traded in negative territory after the European Central Bank (ECB) President, Mario Draghi restated that the central bank is ready … Continue reading

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AUD/USD: RBA cut interest rates as anticipated

  For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0245. LME Copper prices rose 3.7% or $251.50/MT to $7122.0/MT. Aluminium prices gained 1.4% or $25.00/MT to $1828.0/MT. In the Asian session, at … Continue reading

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USD/CHF: Swiss Franc tad higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9387. In the Asian session, at GMT0300, the pair is trading at 0.9383, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/CAD: Canadian Dollar strengthened on higher building permits data

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0069. The Canadian building permits increased more-than-expected by 8.6% (MoM) in March, following a revised 1.5% growth recorded in the previous month. … Continue reading

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GBP/USD: UK shop prices increased at a slower pace in April, indicates BRC

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5538. With the UK traders away from the markets yesterday for a public holiday, trading in the pair remained subdued. In the Asian session, … Continue reading

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USD/JPY: Yen reverses direction in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 99.37. In the Asian session, at GMT0300, the pair is trading at 99.04, with the USD trading 0.33% lower from yesterday’s close. … Continue reading

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Crude Oil: Trading tad lower this morning

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 95.81. Earlier in the session, oil prices rose as Middle East tensions raised supply concerns. In the Asian session, at GMT0300, Crude … Continue reading

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Silver: Silver trading lower this morning

  Silver prices declined 0.34% to the USD 24.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.76, 1.21% lower from yesterday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold “bull market” intact, indicates WGC

  Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1470.42 per ounce. Earlier, the yellow metal received some support after the World Gold Council (WGC) issued a bullish tone on the metal. Marcus … Continue reading

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