Monthly Archives: July 2013

USD/CHF: Swiss Franc trading steady this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 0.9359. In the Asian session, at GMT0300, the pair is trading at 0.9358, with the USD trading flat from yesterday’s close. The … Continue reading

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USD/JPY: Yen trading lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 1.06% against the JPY and closed at 99.33. The Bank of Japan board member, Takehiro Sato, stated that the central bank is ready to consider additional stimulus if required. … Continue reading

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GBP/USD: Pound strengthened as the UK Prime Minister cites economic recovery

  For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.5365, amid comments by the UK Prime Minister, David Cameron, that the country’s economy is improving and may provide scope for the UK … Continue reading

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EUR/USD: Euro rose on easing Portugal’s political worries and broad US Dollar weakness

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3191, as political worries from Portugal eased after Portuguese President, Anibal Cavaco Silva, over the weekend, stated that the current government would stay … Continue reading

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Trading Signals per 22-07-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3190   Entry-Limit Sell 0,8630 Limit BUY 1,3150   Limit BUY 0,8590 … Continue reading

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AUD/USD: Australian Dollar continues to trade higher in the Asian session

On Friday, the AUD strengthened 0.16% against the USD to close at 0.9195. Late on Friday, the People’s Bank of China announced that it would remove the lower limit on interest rates for banks, in an effort to help lenders … Continue reading

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USD/CHF: SNB’s Thomas Jordan continues to defend the Swiss Franc ceiling

  On Friday, the USD declined 0.45% against the CHF and closed at 0.9413. Over the weekend, the Swiss National Bank (SNB) President Thomas Jordan stated that he does not intend to change or scrap a Franc ceiling of 1.20 … Continue reading

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USD/JPY: Shinzo Abe’s LDP wins key Upper House vote

On Friday, the USD weakened 0.34% against the JPY and closed at 100.22. On the economic front, Japan’s all industry activity index rose 1.1% (MoM) in May, compared to a revised 0.1% rise reported in April. Meanwhile, the final leading … Continue reading

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GBP/USD: Pair trading above it MA’s

On Friday, GBP rose 0.27% against the USD and closed at 1.5262. In economic news, UK’s public sector net borrowing stood at £10.2 billion in June, against the expected net borrowing of £9.4 billion and compared to a revised borrowing … Continue reading

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EUR/USD: Portugal government to stay in power, rejects snap poll

On Friday, EUR rose 0.20% against the USD and closed at 1.3135. In economic news, Germany’s annual producer price index registered a 0.6% rise in June, while industrial orders in Italy recorded a 3.2% (MoM) rise in May and its … Continue reading

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USD/CAD: Canadian consumer price inflation rose in line with market expectations in June

  On Friday, the USD declined 0.12% against the CAD to close at 1.0368. The Canadian Dollar rose after the consumer price index (CPI) in Canada increased 1.2% annually in June, in line with the market expectations. Moreover, its core … Continue reading

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