Daily Archives: June 12, 2013

Trading signals for Wednesday 12-06-2013

Forex, Commodities and Index signals for Wednesday 12-06-2013 11:00 GMT Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index rebounds in June

  For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9455. LME Copper prices declined 1.2% or $84.0/MT to $7036.0/MT. Aluminium prices declined 1.9% or $35.5/MT to $1848.5/MT. In the Asian session, at … Continue reading

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USD/JPY: Yen gains as BoJ maintains its monetary policy; trading tad lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 2.67% against the JPY and closed at 96.26. The Yen staged a rally yesterday after the Bank of Japan (BoJ) kept its monetary policy unchanged and offered no new … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0191. In the Asian session, at GMT0300, the pair is trading at 1.0211, with the USD trading 0.20% higher from yesterday’s close. … Continue reading

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USD/CHF: SECO indicates economic recovery over next couple of years; Swissy trading tad higher this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.91% against the CHF and closed at 0.9253. Yesterday, the Swiss State Secretariat for Economic Affairs (SECO) raised its 2013 growth outlook to 1.4% from 1.3% it anticipated in … Continue reading

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GBP/USD: Pound trading flat in the Asian session, UK employment data awaited

  For the 24 hours to 23:00 GMT, GBP rose 0.50% against the USD and closed at 1.5644, as the UK industrial production data impressed investors. On the economic front, UK’ industrial production exceeded market expectations by recording a monthly … Continue reading

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EUR/USD: Euro trading flat in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.45% against the USD and closed at 1.3312. Yesterday, the European Central Bank (ECB) defended its bond-buying program in a German courtroom, arguing that the scheme many credit with saving … Continue reading

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Crude Oil: Oil dropped on bleak demand prospects, rise in inventories

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 94.91, after the American Petroleum Institute reported a 9 million barrel rise in crude stockpiles for the week ending June 7. Moreover, … Continue reading

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Silver: White metal slipped yesterday; trading higher this morning

  Silver prices declined 0.81% to the USD21.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.79, 0.33% higher from yesterday’s close. Silver is expected to find support at 21.54, … Continue reading

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Gold: Gold trading tad lower in the Asian session

  Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1377.34 per ounce. However, losses were limited as the Bank of Japan (BoJ) offered no additional stimulus at its policy meeting and … Continue reading

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