Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1184.10 per ounce, after the Fed kept its monetary policy unchanged during June’s meeting In the Asian session, at GMT0300, the … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.2233. In economic news, wholesale sales in Canada advanced more than expected by 1.9% MoM in April. It followed a revised … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of the SNB’s interest rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CHF and closed at 0.9218. On the macro front, Switzerland’s ZEW’s economic expectation index advanced to a level of 0.1 in June, following a reading … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 123.49. Yesterday, data showed that machine tool orders in Japan rose 15.0% YoY in May, compared to a similar increase registered … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.20% against the USD and closed at 1.5834, after wage growth in the UK picked up more than expected in the three months ended April. Data showed that … Continue reading

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Trading Signals as per 17-June-2015

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9258 0.9338 USD/CAD SELL Active 1.2342 1.2272 AUD/USD BUY Active 0.7688 0.7758 NZD/USD BUY Active 0.6928 0.6998 GBP/CHF BUY Active 1.4488 1.4608 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1246, following Germany’s dismal ZEW survey data. Data released showed that Germany’s ZEW economic sentiment index slipped to a 7-month low … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.10% against the USD to close at 0.7752. LME Copper prices declined 0.15% or $8.5/MT to $5752.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1661.0/MT. In the Asian … Continue reading

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

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 60.01. Yesterday, the American Petroleum Institute (API) showed that US crude oil inventories fell by 2.9 million barrels last week. … Continue reading

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Silver: White metal trading on a weaker footing in the Asian session

Silver Movement Silver prices declined 0.41% to USD 15.97 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.93, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1181.20 per ounce, ahead of the Fed’s announcement regarding its highly anticipated interest rate decision. Separately, gold holdings of the SPDR … Continue reading

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