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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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Monthly Archives: May 2013
AUD/USD: Building approvals record a rise in Australia
For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD to close at 0.9633. LME Copper prices declined 0.8% or $55.5/MT to $7201.5/MT. Aluminium prices rose 0.7% or $13.0/MT to $1821.0/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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USD/JPY: Yen trading higher in the morning session
For the 24 hours to 23:00 GMT, the USD weakened 1.52% against the JPY and closed at 100.96. In the Asian session, at GMT0300, the pair is trading at 100.94, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/JPY
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USD/CAD: Loonie gained as BoC maintained its interest rates
For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.0350. The Canadian Dollar recorded a rise, as the Bank of Canada (BoC), in its much expected move, kept its key interest … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss UBS consumption indicator rose in April
For the 24 hours to 23:00 GMT, the USD declined 1.38% against the CHF and closed at 0.9614. On the Swiss economic front, the UBS consumption indicator advanced to a reading of 1.46 in April. In the Asian session, … Continue reading
Posted in USD/CHF
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GBP/USD: Pound trading tad higher in the Asian session
For the 24 hours to 23:00 GMT, GBP rose 0.70% against the USD and closed at 1.5130. In economic news, UK’s Confederation of British Industry (CBI), in its monthly Distributive Trade Survey, reported that retail sales balance retreated to … Continue reading
Posted in GBP/USD
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EUR/USD: Euro moving higher in the Asian session
For the 24 hours to 23:00 GMT, EUR rose 0.79% against the USD and closed at 1.2947. The US Dollar witnessed selling pressures, as investors indulged in profit booking to capitalize on the recent surge in the greenback. In … Continue reading
Posted in EUR/USD
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Crude Oil: Oil dropped on demand concerns, trading higher this morning
Crude Oil prices declined 2.27% against the USD for the 24 hour period ending 23:00GMT, closing at 92.89, after the Organization of the Petroleum Exporting Countries (OECD) lowered its global growth forecast and as the International Monetary Fund (IMF) … Continue reading
Posted in Crude Oil
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Silver: White metal trading above its MA’s
Silver prices rose 0.72% to the USD22.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.48, 0.11% lower from yesterday’s close. Silver is expected to find support at 22.25, … Continue reading
Posted in Silver
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Gold: Yellow metal gained as dollar weakened
Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1391.45 per ounce, as the dollar weakened. Yesterday, the World Gold Council (WGC) indicated that demand for the yellow metal in India … Continue reading
Posted in Gold
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Trading Signals as per 29-05-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,2920 Entry-Limit Sell 0,8592 Limit SELL 1,2960 Limit BUY 0,8552 … Continue reading
Posted in Trading Signals
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USD/CAD: Canadian investors await BoC interest rate decision
For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD to close at 1.0408, in the wake of strong US consumer and housing data. In the Asian session, at GMT0300, the pair is trading at … Continue reading
Posted in USD/CAD
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