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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
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: September 2015
Gold: Yellow metal extends its losses this morning
Gold Movement Gold prices traded lower by 1.42% against the USD in the 24 hour period ending 23:00GMT, at 1106.00 per ounce, with bullion investors remaining focused on the Fed’s monetary policy meeting scheduled on 16-17 September, for clues on … Continue reading
Posted in Gold
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AUD/USD: Australia’s unemployment rate eased in line with market expectations
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.75% against the USD to close at 0.6978. LME Copper prices rose 1.63% or $86.0/MT to $5366.0/MT. Aluminium prices rose 2.17% or $34.5/MT to $1628.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: The BoC held its benchmark interest rate intact at 0.5%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.3273. Yesterday, the BoC, opted to maintain key interest rates unchanged at 0.5%, after cutting it twice this year in the … Continue reading
Posted in USD/CAD
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GBP/USD: Pound trading marginally lower, ahead of the BoE’s interest rate decision
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5357, following the release of downbeat industrial and manufacturing production data in the UK. Data showed that manufacturing production in the … Continue reading
Posted in GBP/USD
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Trading Signals as per 9-September-2015
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1138 1.1238 USD/CAD BUY Active 1.3138 1.3238 EUR/JPY SELL Active 135.62 134.52 NZD/USD BUY Active 0.6808 0.6388 USD/CHF SELL Active 0.9832 0.9732 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
Posted in Trading Signals
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EUR/USD: Euro-zone Q2 GDP growth data revised upwards
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1207, after the Euro-zone GDP data showed that the region’s economy quickened more than expected in the second quarter of 2015. … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading higher on Governor Lowe’s optimistic view
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.38% against the USD to close at 0.7031. LME Copper prices rose 2.01% or $104.0/MT to $5280.0/MT. Aluminium prices rose 0.35% or $5.5/MT to $1593.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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Crude Oil: Oil trading higher ahead of the API’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices advanced 2.47% against the USD for the 24 hour period ending 23:00GMT, closing at 45.59, as better than expected Q2 GDP growth data of the Euro-zone outweighed global supply glut, thus enhancing the demand … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher this morning
Silver Movement Silver prices rose 1.90% to USD 14.78 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.88, with the silver trading 0.68% higher … Continue reading
Posted in Silver
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1121.90 per ounce, as the greenback weakened against its major peers. Separately, gold holdings of the SPDR Gold Trust, the world’s … Continue reading
Posted in Gold
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USD/CAD: Loonie trading higher, ahead of the BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.3209. In the Asian session, at GMT0300, the pair is trading at 1.3183, with the USD trading 0.19% lower from yesterday’s … Continue reading
Posted in USD/CAD
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