Monthly Archives: January 2015

USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CHF and closed at 0.8615. In economic news, Switzerland’s ZEW economic expectation index weakened to -10.8 in January, compared to a reading of -4.9 recorded … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 117.95. Yesterday, the BoJ Governor, Haruhiko Kuroda, stated that the nation’s economy was continuing to recover gradually and inflation expectations were … Continue reading

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GBP/USD: The BoE’s MPC unanimous in holding its key interest rate

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5127, after the minutes of the BoE’s latest monetary policy meeting indicated that that its two dissenting policy makers, Martin Weale … Continue reading

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EUR/USD: Euro trading a tad lower ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1590. In the US, building permits unexpectedly retreated 1.9% on a MoM basis in December, compared to previous month’s revised 3.7% … Continue reading

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Trading Signals as per 21-January-2015

Pair Action Status Stop Loss Take Profit GBPUSD BUY Active 1.5073 1.5118 EUR/USD BUY Active 1.1508 1.1598 USD/CHF BUY Active 0.8558 0.8748 NZD/USD SELL Active 0.7685 0.7635 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading

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Crude Oil: Oil trading higher ahead of the API’s weekly crude oil data

Crude Oil Movement Crude Oil prices declined 1.60% against the USD for the 24 hour period ending 23:00GMT, closing at 46.67, as China’s 4Q economy expanded at its slowest pace in 24 years, thus raising demand concerns from the world’s … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices rose 1.52% to USD 17.98 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.1, with the silver trading 0.7% higher … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 1.39% against the USD in the 24 hour period ending 23:00GMT, at 1294.10 per ounce, after the International Monetary Fund (IMF) trimmed its global economic forecast for 2015, along with downbeat Chinese 4Q … Continue reading

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AUD/USD: Aussie reverses its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.37% against the USD to close at 0.8166. LME Copper prices rose 1.58% or $89.5/MT to $5760.5/MT. Aluminium prices rose 0.27% or $5.0/MT to $1830.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading stronger ahead of the BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.33% against the CAD to close at 1.2110. Yesterday, manufacturing shipments in Canada eased 1.4% on a monthly basis in November, more than market expectations for a 0.7% … Continue reading

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USD/CHF: Swiss Franc extends its gains ahead of the Swiss ZEW survey

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CHF and closed at 0.8734. In the Asian session, at GMT0400, the pair is trading at 0.8728, with the USD trading 0.07% lower from yesterday’s … Continue reading

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