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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: June 2013
AUD/USD: Australia’s NAB business conditions rises while business confidence remains stable in May
For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9427. LME Copper prices declined 2.2% or $162.0/MT to $7120.0/MT. Aluminium prices declined 2.6% or $49.5/MT to $1884.0/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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USD/JPY: BoJ maintains its key interest rate
For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 98.90, after the Standard & Poor’s ratings agency upgraded the outlook for the US credit rating to ‘Stable’ from ‘Negative’, citing the … Continue reading
Posted in USD/JPY
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USD/CAD: Canadian housing starts jumped at fastest pace in more than a year
For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0199. The Loonie remained buoyant yesterday as Canadian housing starts rose to a level of 200.2K in May, fastest pace in more … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss retail sales increased in April
For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9344. The Swiss Franc was supported by reports showing a 3.3% (YoY) rise in Switzerland’s retail sales in April, above the market … Continue reading
Posted in USD/CHF
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GBP/USD: Pound continues to trade higher in the Asian session
For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.5567. In the Asian session, at GMT0300, the pair is trading at 1.5584, with the GBP trading 0.11% higher from yesterday’s close. Data … Continue reading
Posted in GBP/USD
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Crude Oil: Oil dropped on lacklustre Chinese economic data; trading higher this morning
Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 95.87, as concerns over weak Chinese economic data released over the weekend, outweighed Standard & Poor’s decision to revise its positive outlook … Continue reading
Posted in Crude Oil
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Silver: White metal moving northwards this morning
Silver prices rose 1.09% to the USD21.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.91, marginally higher from yesterday’s close. Silver is expected to find support at 21.52, … Continue reading
Posted in Silver
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Gold: Gold gained amid bargain hunting; trading lower this morning
Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1386.00 per ounce, as investors indulged in bottom fishing. In the Asian session, at GMT0300, Gold is trading at 1385.15, marginally lower … Continue reading
Posted in Gold
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Trading signals for Monday 10-06-2013
Forex, Commodities and Index signals for Monday 10-06-2013 11:00 GMT Continue reading
Posted in Trading Signals
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AUD/USD: Aussie trading lower this morning
On Friday, the AUD weakened 0.65% against the USD to close at 0.9495. Over the weekend, China released a string of economic releases, wherein China’s consumer price index dropped 0.6% (MoM) in May, while the producer price index slipped 2.9% … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on the positive side this morning
On Friday, the USD declined 0.60% against the CAD to close at 1.0214. However, losses were capped as reports showed that Canada added the most jobs in a decade in May and also recorded a drop in its unemployment rate. … Continue reading
Posted in USD/CAD
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