AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.88% against the USD to close at 0.7386. LME Copper prices rose 1.72% or $94.5/MT to $5597.0/MT. Aluminium prices rose 1.30% or $21.5/MT to $1674.5/MT. In the Asian … Continue reading

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USD/CAD: The BoC lowered its benchmark interest rate to 0.5%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.45% against the CAD to close at 1.2915. The CAD lost ground, after the BoC decided to slash its benchmark interest rate by 25 basis points to 0.5% … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s real retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.72% against the CHF and closed at 0.9517. The Swiss franc came under pressure, after Switzerland’s ZEW economic expectations index eased to a level of -5.40. In the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.49% against the JPY and closed at 123.96. In the Asian session, at GMT0300, the pair is trading at 123.83, with the USD trading 0.11% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5639. Yesterday, data showed that unemployment in the UK unexpectedly rose to 5.6% in the three months ended May, … Continue reading

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Trading Signals as per 15-July-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1092 1.0992 GBP/USD SELL Active 1.5762 1.5602 AUD/USD SELL Active 0.7500 0.7432 USD/CHF BUY Active 0.9390 0.9515 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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EUR/USD: Euro reverses its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1013. Yesterday, economic data showed that Germany’s ZEW economic sentiment index eased to a level of 29.7 in July, … Continue reading

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

Crude Oil Movement Crude Oil prices advanced 2.60% against the USD for the 24 hour period ending 23:00GMT, closing at 53.30. However, during the day, oil prices had fallen sharply, after Iran reached a historic long-awaited nuclear deal with the … Continue reading

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Silver: White metal trading flat this morning

Silver Movement Silver prices declined 0.78% to USD 15.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.32, with the silver trading flat lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1155.30 per ounce, as growing uncertainty over the timing of the Fed’s interest rate hike, after the US retail sales unexpectedly … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7452. LME Copper prices declined 1.84% or $103.0/MT to $5502.5/MT. Aluminium prices declined 0.36% or $6.0/MT to $1653.0/MT. In the Asian … Continue reading

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