Monthly Archives: February 2015

USD/CAD: No reason to fear deflation, indicated the BoC Deputy Governor

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.2493. Yesterday, the BoC Deputy Governor, Agathe Cote stated that plunging oil prices could lead Canada’s inflation into “negative territory” for … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9498, following better than expected initial jobless claims data in the US. On the macro front, Swiss trade surplus unexpectedly widened … Continue reading

Posted in USD/CHF | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 119.05. Yesterday, the BoJ Governor, Haruhiko Kuroda mentioned that the central bank has many policy options available to achieve its 2% … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher ahead of UK’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5414, reversing its previous session gains. In economic news, the CBI trends selling prices registered an unexpected rise to a level … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading marginally higher ahead of the services and manufacturing PMI data from the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.1365. In economic news, consumer confidence index in the Euro-zone improved to a level of -6.70 in February, compared to a … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 19-February-2015

Pair Action Status Stop Loss Take Profit NZD/USD SELL Active 0.7602 0.7532 EUR/JPY SELL Active 136.12 135.12 GBP/CHF BUY Active 1.4428 1.4628 USD/JPY SELL Active 119.22 118.42 USD/CHF SELL Active 0.9482 0.9402 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

Posted in Trading Signals | Leave a comment

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

Crude Oil Movement Crude Oil prices declined 5.16% against the USD for the 24 hour period ending 23:00GMT, closing at 50.36, as worries over a supply glut resurfaced after the American Petroleum Institute (API) data revealed that US crude oil … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 0.06% to USD 16.47 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.65, with the silver trading 1.09% higher from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session.

Gold Movement Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 23:00GMT, at 1212.10 per ounce, following a weaker greenback after the US Fed, in its recently issued minutes, dented hopes of an interest … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.7810. LME Copper prices rose 0.43% or $24.5/MT to $5690.0/MT. Aluminium prices declined 0.19% or $3.5/MT to $1797.0/MT. In … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.2457. In the Asian session, at GMT0400, the pair is trading at 1.2442, with the USD trading 0.12% lower from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off