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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
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Daily Archives: June 8, 2016
Trading Signals as per 08-June-2016
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1412 1.1352 GBP/USD BUY Active 1.4468 1.4598 USD/JPY BUY Active 106.58 107.38 AUD/USD SELL Active 0.7482 0.7422 GBP/CHF BUY Active 1.3962 1.4099 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices advanced 1.61% against the USD for the 24-hour period ending 23:00GMT, closing at 50.40, hitting 2016 highs, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 3.6 million barrels … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its losses in the Asian session
Silver Movement Silver prices declined 0.39% to USD 16.40 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.47, with the silver trading 0.43% higher … Continue reading
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Gold: Yellow metal trading on a stronger footing in the morning session
Gold Movement Gold prices traded lower by 0.09% against the USD in the 24-hour period ending 23:00GMT, at USD 1246.50 per ounce, after two consecutive sessions of gains, as a broad rally in global equity markets dampened the safe-haven appeal … Continue reading
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AUD/USD: Aussie trading lower this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.10% against the USD to close at 0.7449. LME Copper prices declined 2.49% or $117.0/MT to $4589.0/MT. Aluminium prices declined 0.45% or $7.0/MT to $1541.0/MT. In the Asian … Continue reading
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USD/CAD: Canada’s Ivey PMI slipped into contraction territory in May
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.2751. In economic news, Canada’s seasonally adjusted Ivey purchasing managers’ index (PMI) dropped to a level of 49.4 in May, its … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading a tad higher, ahead of Switzerland’s CPI data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9649. In economic news, Switzerland’s foreign currency reserves rose to a level of CHF602.1 billion in May, from a level of … Continue reading
Posted in USD/CHF
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USD/JPY: Japan first quarter GDP revised up
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 107.28. In economic news, Japan’s preliminary leading economic index in Japan rose less-than-expected to a level of 100.5 in April, from … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading a tad higher, ahead of UK’s NIESR GDP estimate data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.59% against the USD and closed at 1.4537, after UK’s Halifax house price index advanced more-than-expected by 0.6% MoM in May, following a 0.8% decline in the previous … Continue reading
Posted in GBP/USD
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EUR/USD: Euro reverses its losses in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1351. In economic news, the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.6% QoQ in 1Q 2016, compared to … Continue reading
Posted in EUR/USD
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