Monthly Archives: February 2014

USD/CAD: Loonie trading higher amid lack of economic data from Canada

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.1012. In the Asian session, at GMT0400, the pair is trading at 1.0999, with the USD trading 0.12% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading marginally lower ahead of Switzerland’s consumer inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8984. In the Asian session, at GMT0400, the pair is trading at 0.8985, with the USD trading tad higher from yesterday’s … Continue reading

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USD/JPY: Additional easing measure negative for Japan, hints BoJ’s Takahide Kiuchi

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 102.53, after the Fed Chef, Janet Yellen assured that the central bank at present would not change the pace of tapering … Continue reading

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GBP/USD: Pound trading marginally higher ahead of BoE inflation report

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.26% against the USD and closed at 1.6448. However the gains in the UK Pound were capped as the US Dollar advanced after the Fed Chief, Janet Yellen hinted … Continue reading

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EUR/USD: Fed Chief, Janet Yellen indicates a continuation in tapering of stimulus measures

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.06% against the USD and closed at 1.3637. The US Dollar advanced against the single currency after Janet Yellen, in her first testimony before the Congress as the Fed’s … Continue reading

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Trading Signals per 11-02-2014

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3595   Entry-Limit Sell 0,8324 Limit BUY 1,3555   Limit BUY 0,8284 … Continue reading

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EUR/USD: ECB should act to ensure that low inflation in the region rises to its 2% target, suggests EU’s Olli Rehn

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3646, as traders cheered an upbeat Euro-zone Sentix investor confidence data, which revealed a reading of 13.3 in February, the highest level … Continue reading

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Crude Oil: Crude reverses its direction in the Asian trading hours

Crude Oil Movement Crude Oil prices declined 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 100.06. An industry report showed that oil production from the Organization of the Petroleum Exporting Countries (OPEC) edged higher in … Continue reading

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Silver: White metal continues to trade higher in the morning session

Silver Movement Silver prices rose 0.10% to USD20.08 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, Silver is trading at 20.13, 0.25% higher from yesterday’s close. Silver is expected … Continue reading

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Gold: Yellow metal extends its winning streak in the Asian session

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1274.36 per ounce. In the Asian session, at GMT0400, Gold is trading at 1283.21, 0.69% higher from yesterday’s close, ahead of … Continue reading

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AUD/USD: Aussie trading higher this morning, following yesterday’s steady move

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD ended the day flat against the USD to close at 0.8945. LME Copper prices declined 0.1% or $9.5/MT to $7190.5/MT. Aluminium prices fell 0.4% or $6.0/MT to $1672.0/MT. In the … Continue reading

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