Monthly Archives: July 2013

USD/CAD: CAD dropped on weak Canadian jobs data & positive US employment report

  On Friday, the USD rose 0.52% against the CAD to close at 1.0579, after reports showed that the US employment data came in better than market expectations, while Canada’s job market stagnated in June In Canada, the unemployment rate … Continue reading

Posted in USD/CAD | Leave a comment

USD/CHF: Switzerland’s CPI unexpectedly edged up in June

  On Friday, the USD rose 0.69% against the CHF and closed at 0.9637, amid speculation that the US Federal Reserve might scale back the pace of its quantitative easing programme later this year. In Switzerland, consumer price index (CPI) … Continue reading

Posted in USD/CHF | Leave a comment

USD/JPY: Japan’s current account surplus narrowed while trade deficit widened in May

  On Friday, the USD strengthened 0.93% against the JPY and closed at 101.18. In Japan, the preliminary leading economic index rose to a reading of 110.5 in May, while the coincident index advanced marginally to a reading of 105.9 … Continue reading

Posted in USD/JPY | Leave a comment

EUR/USD: Dollar gained on upbeat employment data

  On Friday, EUR declined 0.47% against the USD and closed at 1.2831. The greenback registered gains as better-than-expected employment data in the US raised speculations that the improving US economy could prompt the Federal Reserve to lower its monetary … Continue reading

Posted in EUR/USD | Leave a comment

Trading Signals as per 05-07-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,2870   Entry-Limit Sell 0,8605 Limit SELL 1,2910   Limit BUY 0,8565 … Continue reading

Posted in Trading Signals | Leave a comment

AUD/USD: Australia’s performance of construction index rose in June

  For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.9151. LME Copper prices ended flat or $1.5/MT to $ 6920.5/MT. Aluminium prices declined 0.4% or $7.0/MT to $1767.5/MT. In the Asian session, … Continue reading

Posted in AUD/USD | Leave a comment

USD/CAD: Investors await employment data due later in Canada

  For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.0524. In the Asian session, at GMT0300, the pair is trading at 1.0534, with the USD trading 0.10% higher from yesterday’s close. … Continue reading

Posted in USD/CAD | Leave a comment

EUR/USD: Euro slipped on Draghi’s comments, trading tad higher in the Asian session

  For the 24 hours to 23:00 GMT, EUR declined 0.99% against the USD and closed at 1.2892, after the European Central Bank (ECB) President, Mario Draghi stated that the bank expects the key lending rates to remain at present … Continue reading

Posted in EUR/USD | Leave a comment

GBP/USD: Pound down on dovish BoE rate statement, trading tad higher this morning

  For the 24 hours to 23:00 GMT, GBP fell 1.58% against the USD and closed at 1.5040, after the Bank of England (BoE) maintained its asset purchase levels at £375 billion and the benchmark interest rate at 0.5% and … Continue reading

Posted in GBP/USD | Leave a comment

USD/JPY: Yen trading tad lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 100.25. In the Asian session, at GMT0300, the pair is trading at 100.28, with the USD trading marginally higher from yesterday’s close. … Continue reading

Posted in USD/JPY | Leave a comment

USD/CHF: Swissy moving northwards this morning, Swiss CPI data awaited

    For the 24 hours to 23:00 GMT, the USD rose 1.16% against the CHF and closed at 0.9582. In the Asian session, at GMT0300, the pair is trading at 0.9571, with the USD trading 0.11% lower from yesterday’s … Continue reading

Posted in USD/CHF | Leave a comment