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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: June 2017
EUR/USD: ECB keeps monetary policy on hold and rules out further rate cuts
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1199, after the European Central Bank (ECB) trimmed its inflation forecasts for the next three years. The ECB, at its latest … Continue reading
Posted in EUR/USD
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Trading Signals as per 08-June-2017
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9702 0.9612 USD/JPY BUY Active 109.08 109.88 USD/CAD BUY Active 1.3468 1.3528 AUD/USD BUY Active 0.7518 0.7568 GBP/CHF SELL Active 1.2555 1.2466 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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Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 4.42% against the USD and closed at USD45.88 per barrel, following an unexpected rise in US crude oil stockpiles. The Energy Information Administration (EIA) reported that … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its losses in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.59% against the USD and closed at USD17.58 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.60, with the silver trading 0.09% higher against … Continue reading
Posted in Silver
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Gold: Yellow metal trading marginally higher in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.56% against the USD and closed at USD1288.90 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1289.30, with the … Continue reading
Posted in Gold
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AUD/USD: Australia’s trade surplus shrunk to a 6-month low level in April
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7546. LME Copper prices rose 0.6% or $35.0/MT to $5575.5/MT. Aluminium prices rose 0.6% or $10.5/MT to $1903.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading marginally lower in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3509. On the macro front, Canada’s building permits unexpectedly eased 0.2% MoM in April, compared to a revised drop of 4.9% … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading a tad higher, ahead of Swiss unemployment rate and inflation data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9646. In the Asian session, at GMT0300, the pair is trading at 0.9645, with the USD trading slightly lower against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s economy expanded at a slower pace than initially estimated in 1Q 2017
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 109.76. In the Asian session, at GMT0300, the pair is trading at 109.84, with the USD trading 0.07% higher against the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading flat, ahead of British general election results
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.2956, as investors bet that Theresa May’s Conservatives will win the UK’s general election. In economic news, Britain’s Halifax house price … Continue reading
Posted in GBP/USD
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EUR/USD: OECD revised up Euro-zone’s growth forecast, calls for tapering ECB’s stimulus programme
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1258, following a report that the European Central Bank (ECB) will likely cut its inflation forecast at its monetary policy meeting … Continue reading
Posted in EUR/USD
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