Monthly Archives: August 2013

EUR/USD: Euro trading tad lower in the Asian session

On Friday, EUR rose 0.55% against the USD and closed at 1.3285. The greenback came under pressure, after data indicated that US hiring slowed in July, thereby leading to speculation that the Fed would be more cautious in tapering its … Continue reading

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Crude Oil: Oil slipped as US jobs data disappointed

  On Friday, Crude Oil prices declined 0.83% against the USD for the period ending 21:00GMT, closing at 106.94, as weaker-than-expected July jobs data in the US dented investor sentiment In the Asian session, at GMT0300, Crude Oil is trading … Continue reading

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Silver: White metal gained on a weaker greenback

On Friday, Silver prices rose 1.63% to the USD19.91 per ounce during the period ending 21:00GMT, amid a weak dollar as US factory orders rose lower than expected in June, while nonfarm payrolls also failed to match market expectations. In … Continue reading

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Gold: Yellow metal rose as the dollar declined

On Friday, Gold prices traded higher by 0.53% against the USD in the period ending 21:00GMT, at 1311.75 per ounce, bouncing back from the previous session losses as the dollar weakened after the highly awaited US employment data failed to … Continue reading

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Trading Signals per 02-08-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3195   Entry-Limit Buy 0,8740 Limit SELL 1,3235   Limit SELL 0,8780 … Continue reading

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USD/CHF: Pair moving its above MA’s

For the 24 hours to 23:00 GMT, the USD rose 1.18% against the CHF and closed at 0.9366. In the Asian session, at GMT0300, the pair is trading at 0.9365, with the USD trading marginally lower from yesterday’s close. The … Continue reading

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USD/JPY: Japan’s monetary base expands in July

For the 24 hours to 23:00 GMT, the USD strengthened 1.63% against the JPY and closed at 99.44, as demand for the dollar increased after data showed that US manufacturing purchasing managers’ index (PMI) grew to its highest level in … Continue reading

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GBP/USD: Pound rises as NIESR raises UK growth forecasts

  For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.5118, as the Bank of England refrained from making any adjustments to the asset purchase facility or interest rate level. Meanwhile, the greenback … Continue reading

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EUR/USD: Euro fell on dovish comments by ECB Chief, robust US data, trading higher this morning

For the 24 hours to 23:00 GMT, EUR declined 0.66% against the USD and closed at 1.3212, as the European Central Bank (ECB) President, Mario Draghi indicated that interest rates in the Euro-zone would continue to remain low for some … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD to close at 1.0349. In the Asian session, at GMT0300, the pair is trading at 1.0348, with the USD trading marginally lower from yesterday’s close. The … Continue reading

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AUD/USD: Australian producer prices rise in the Q2 2013

For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.8938. LME Copper prices rose 2.9% or $194.0/MT to $6999.0/MT. Aluminium prices rose 2.6% or $44.5/MT to $1776.5/MT. In the Asian session, at GMT0300, … Continue reading

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