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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
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Daily Archives: January 24, 2014
Trading Signals per 24-01-2014
FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3696 Entry-Limit Sell 0,8240 Limit BUY 1,3656 Limit BUY 0,8200 … Continue reading
Posted in Trading Signals
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EUR/USD: Euro marginally lower this morning, after it rose yesterday on upbeat Euro-zone economic data
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.06% against the USD and closed at 1.3688, buoyed by the latest batch of upbeat economic releases from the Euro-zone economy. In economic releases, Markit manufacturing PMI for the … Continue reading
Posted in EUR/USD
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Crude Oil: EIA reported a less than expected rise in the weekly US crude inventory
Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34. Yesterday, the Energy Information Administration (EIA) reported a 3.21 million barrels drop in the US distillate-fuel inventories, including heating … Continue reading
Posted in Crude Oil
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Silver: White metal trading marginally lower this morning, following yesterday’s rise
Silver Movement Silver prices rose 1.26% to USD20.05 per ounce during the 24 hours ending 23:00GMT, amid a broadly weak US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.04, marginally lower from yesterday’s close. Silver is … Continue reading
Posted in Silver
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Gold: Precious metal pares gains in the Asian session
Gold Movement Gold prices traded higher by 2.18% against the USD in the 24 hour period ending 23:00GMT, at 1264.10 per ounce, amid a broad weakness in the US Dollar led by lacklustre economic domestic data. Positive sentiment for the … Continue reading
Posted in Gold
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AUD/USD: Aussie extends its losses in the Asian trading hours
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.97% against the USD to close at 0.8758, hurt by a lacklustre manufacturing PMI data from China, its largest trading partner. LME Copper prices declined 0.6% or $42.0/MT to … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading marginally lower, ahead of domestic consumer inflation report
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD to close at 1.1113. On the economic front, retails sales in Canada rose 0.6% (MoM) in November, surpassing analysts’ call for a rise of … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Government raises capital requirement for banks
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.53% against the CHF and closed at 0.8982, hurt by a dismal US employment and manufacturing data. Meanwhile, the Swiss Franc advanced against its US counterpart, after the … Continue reading
Posted in USD/CHF
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USD/JPY: Japan to take more than 2 years to achieve BoJ’s 2% inflation goal, says IMF’s Naoyuki Shinohara
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.21% against the JPY and closed at 103.39, after data revealed an increase in the US jobless claims for last week and after a report showed that activities … Continue reading
Posted in USD/JPY
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GBP/USD: BoE far from raising interest rates, hints MPC Paul Fisher
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.6632. However, the gains in the UK Pound were capped after the Bank of England (BoE) policy-maker, Paul Fisher, hinted that the … Continue reading
Posted in GBP/USD
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