Monthly Archives: June 2013

GBP/USD: Pound gained as UK service PMI marked an improvement in May

  For the 24 hours to 23:00 GMT, GBP rose 0.63% against the USD and closed at 1.5398, as upbeat UK services PMI data buoyed the Pound. In the UK, the services purchasing managers’ index (PMI) advanced to a reading … Continue reading

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USD/JPY: Yen gained on Shinzo Abe’s comments

  For the 24 hours to 23:00 GMT, the USD weakened 1.27% against the JPY and closed at 99.02. Demand for the yen increased after the Japanese Prime Minister, Shinzo Abe, outlined growth strategy to rejuvenate the nation’s struggling economy. … Continue reading

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Crude Oil: Crude stockpiles decreased last week, indicates EIA

  Crude Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 93.82. Yesterday, the US Energy Information Administration (EIA) reported that US crude-oil supplies slipped 6.3 million barrels for the week ended May … Continue reading

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Silver: White metal continues its previous session losses

  Silver prices declined 0.11% to the USD22.54 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.51, 0.14% lower from yesterday’s close. Silver is expected to find support at 22.32, … Continue reading

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Gold: Gold advanced as US jobs data disappointed investors; trading lower this morning

  Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1402.01 per ounce, as demand for the safe haven yellow metal increased after a much awaited US private-sector jobs data disappointed investors. … Continue reading

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Trading signals for Wednesday 05-06-2013

Forex, Commodities and Index signals for Wednesday 05-06-2013 11:00 GMT Continue reading

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AUD/USD: Australian economy improves less-than-expected in the Q1 2013

  For the 24 hours to 23:00 GMT, AUD weakened 1.13% against the USD to close at 0.9639, as investor sentiment was hampered after the Reserve Bank of Australia left its cash rate unchanged and signalled room for further cuts. … Continue reading

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EUR/USD: Spanish employment figures helped buoy Euro

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3072, as Spanish employment numbers came in better than market expectations. The number of unemployed people in Spain slipped sharply by 98.3K in May, … Continue reading

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GBP/USD: Pound moving upwards in the morning session, services PMI due later today

  GBP failed take advantage of an upbeat UK construction PMI, declining 0.13% against the USD, to close at 1.5302, for the 24 hours to 23:00 GMT. The construction purchasing managers’ index (PMI) in the UK advanced to a reading … Continue reading

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USD/JPY: Japanese Yen trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 100.27. In the Asian session, at GMT0300, the pair is trading at 100.01, with the USD trading 0.26% lower from yesterday’s close. … Continue reading

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USD/CHF: Swissy moving northwards this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9484. In the Asian session, at GMT0300, the pair is trading at 0.9474, with the USD trading 0.11% lower from yesterday’s close. … Continue reading

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