Monthly Archives: June 2013

USD/JPY: Japanese merchandise trade deficit widens in May

  For the 24 hours to 23:00 GMT, the USD strengthened 1.08% against the JPY and closed at 95.59. On the economic front, Japan’s capacity utilisation rebounded in April, while industrial production dropped more than the preliminary estimate in April. … Continue reading

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GBP/USD: Pound moving tad higher ahead of the BoE minutes

  Despite positive UK economic data GBP fell 0.53% against the USD for the 24 hours to 23:00 GMT and closed at 1.5632, as investors exercised caution ahead of the Federal Reserve’s policy statement. In the UK, the consumer price … Continue reading

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EUR/USD: Euro advanced as German, Euro data met market expectations; trading lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3394, amid upbeat Euro-zone and German sentiment figures. The European Economic Research (ZEW) indicated that the economic sentiment index in Germany rose to … Continue reading

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Trading signals for Tuesday 18-06-2013

Forex, Commodities and Index signals for Tuesday 18-06-2013 11:00 GMT Continue reading

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AUD/USD: Aussie trading lower after RBA minutes

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9556. LME Copper prices declined 0.3% or $24.50/MT to $7020.5/MT. Aluminium prices rose 1.4% or $26.00/MT to $1789.5/MT. In the Asian session, at … Continue reading

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USD/CHF: Swissy trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9225. In the Asian session, at GMT0300, the pair is trading at 0.9232, with the USD trading marginally higher from yesterday’s close. … Continue reading

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USD/CAD: Loonie reverses its direction in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0190. Economic news indicated that foreign investors made a net investment in Canadian securities worth C$14.91 billion in April, more than the … Continue reading

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USD/JPY: Pair converging with its MA’s

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 94.57, after the New York manufacturing index jumped to a reading of 7.84 in June, against the expected reading of zero and … Continue reading

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GBP/USD: Pound trading tad lower; String of UK economic data eyed by investors later today

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5717. Losses in the pound were limited as Rightmove indicated that UK house prices increased for a sixth consecutive month in June. In … Continue reading

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EUR/USD: German economic growth likely to slow over the summer: Bundesbank

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3363. The Bundesbank stated after improving in the second quarter, Germany’s economic recovery may lose pace this summer, citing weaker industrial orders and … Continue reading

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Crude Oil: Oil trading higher ahead of the oil inventory report

  Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 97.79. Investors are concerned that the conflict in Syria could spread and disrupt oil supplies from key producing countries, following reports that … Continue reading

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