Daily Archives: June 24, 2013

Trading signals for Monday 24-06-2013

Forex, Commodities and Index signals for Monday 24-06-2013 11:00 GMT Continue reading

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AUD/USD: Aussie drop would be ‘very good thing’ for the economy, indicates Gillard

  On Friday, the AUD strengthened 0.55% against the USD to close at 0.9247. LME Copper prices declined 0.5% or $31.0/MT to $6777.0/MT. Aluminium prices ended marginally lower or $0.5/MT to $1748.0/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie dropped on soft Canadian inflation, retail sales data

  On Friday, the USD rose 0.13% against the CAD to close at 1.0457. The Loonie weakened following tepid Canadian CPI and retail sales data. Canada’s consumer price index (CPI) rose 0.7% in May, less than the expected 0.9% rise. … Continue reading

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USD/CHF: KOF maintains Swiss growth forecast for 2013

  On Friday, the USD rose 0.79% against the CHF and closed at 0.9341. The Swiss National Bank reported that the M3 money supply in Switzerland rose 9.7% (YoY) in May, slower compared to an upwardly revised 10.3% rise reported … Continue reading

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USD/JPY: Financial markets shall regain stability as economy improves, indicates BoJ Governor, Kuroda

  On Friday, the USD strengthened 0.79% against the JPY and closed at 97.78. The Bank of Japan (BoJ) Governor, Haruhiko Kuroda stressed that financial markets would probably stabilize over time, reflecting improvements in Japan’s economy, but the BoJ continues … Continue reading

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GBP/USD: Pound trading lower this morning

  On Friday, GBP fell 0.55% against the USD and closed at 1.5428. In economic news, UK’s public sector net cash requirements stood at £3.1 billion in May. Also, the public sector net borrowing stood at £10.5 billion in May. … Continue reading

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EUR/USD: Euro moving lower in the Asian session

  On Friday, EUR declined 0.67% against the USD and closed at 1.3139, pressured by political turmoil in Greece and expectations that the Federal Reserve would pull out its monetary stimulus. Greece’s political turmoil continued after disagreement with Prime Minister’s … Continue reading

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Silver: Silver rebounded from its previous slump; trading lower this morning

  On Friday, Silver prices rose 1.90% to the USD20.13 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.89, 1.18% lower from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold trading lower this morning

  On Friday Gold prices traded higher by 1.01% against the USD in the period ending 21:00GMT, at 1296.40 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1290.22, 0.48% lower from Friday’s close. … Continue reading

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Crude Oil: Oil lower on global growth worries

  On Friday, Crude Oil prices declined 1.11% against the USD for the period ending 21:00GMT, closing at 93.93, extending its previous losses after the Federal Reserve indicated that it might wind down its $85 billion bond purchase program later … Continue reading

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