Monthly Archives: December 2016

USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the JPY and closed at 118.21. In the Asian session, at GMT0400, the pair is trading at 118.08, with the USD trading 0.11% lower against the … Continue reading

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GBP/USD: BoE maintains 0.25% interest rate, warns of 2017 slowdown

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.92% against the USD and closed at 1.2424, after minutes of the Bank of England’s (BoE) latest monetary policy meeting indicated that inflation may not rise as quickly … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector accelerated to a 68-month high in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.07% against the USD and closed at 1.0419. In economic news, the Euro-zone’s flash Markit manufacturing PMI unexpectedly rose to a level of 54.9 in December, advancing at … Continue reading

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Trading Signals as per 15-December-2016

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.3228 1.3418 GBP/CHF SELL Active 1.2937 1.2788 USD/JPY BUY Active 116.98 118.88 EUR/CHF BUY Active 1.0714 1.0779 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.86% against the USD and closed at USD50.89 per barrel, amid strength in the greenback and after a jump in crude inventories at the biggest US storage … Continue reading

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Silver: White metal extended its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.53% against the USD and closed at USD16.89 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.82, with the … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.34% against the USD and closed at USD1144.60 per ounce, amid a surge in the greenback as the US Federal Reserve raised interest rates for the second time in … Continue reading

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AUD/USD: Australia’s unemployment rate surprisingly advanced in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.27% against the USD and closed at 0.7397. LME Copper prices declined 0.53% or $30.5/MT to $5735.0/MT. Aluminium prices declined 0.17% or $3.0/MT to $1752.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CAD and closed at 1.3280. In the Asian session, at GMT0400, the pair is trading at 1.3281, with the USD trading slightly higher against the … Continue reading

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USD/CHF: Switzerland’s ZEW economic expectations index hits highest level in six-months in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CHF and closed at 1.0206. In economic news, Switzerland’s ZEW survey for economic expectations index climbed to a level of 12.9 in December, jumping to … Continue reading

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USD/JPY: Japan’s manufacturing sector jumped to its highest level since January 2016 in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.72% against the JPY and closed at 117.22. In the Asian session, at GMT0400, the pair is trading at 117.31, with the USD trading 0.08% higher against the … Continue reading

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