USD/CAD: Loonie trading marginally lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.2291. In the Asian session, at GMT0300, the pair is trading at 1.2296, with the USD trading a tad higher from … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s ZEW survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9320. The Swiss Franc traded on a weaker footing after the Swiss government revised downwards Switzerland’s GDP growth to 0.8% from … Continue reading

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USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 123.39. In the Asian session, at GMT0300, the pair is trading at 123.43, with the USD trading marginally higher from yesterday’s … Continue reading

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GBP/USD: Britain’s CPI swung back in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.5646, after UK’s May consumer prices ticked higher on an annual basis in May. Data showed that Britain’s consumer price inflation … Continue reading

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Trading Signals as per 16-June-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5672 1.5552 USD/JPY SELL Active 124.02 123.32 USD/CAD SELL Active 1.2362 1.2292 NZD/USD SELL Active 0.7032 0.6962 AUD/USD BUY Active 0.7728 0.7798 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement Crude Oil prices declined 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 59.58, as supply glut continued to hurt the commodity’s prices. In the Asian session, at GMT0300, the pair is trading … Continue reading

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Silver: White metal trading flat this morning

Silver Movement Silver prices rose 0.28% to USD 16.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.035, with the silver trading flat from yesterday’s close. The pair is … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1185.40 per ounce, as dismal industrial and manufacturing production data in the US, enhanced demand for the safe-haven precious metal. Gold … Continue reading

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AUD/USD: Monetary policy should be accommodative, indicated the RBA

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7760. LME Copper prices declined 2.17% or $128.0/MT to $5760.5/MT. Aluminium prices declined 2.41% or $41.0/MT to $1660.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CAD to close at 1.2315. On the macro front, existing home sales in Canada was up 3.1% MoM, notching its fourth consecutive month of … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9299. In economic news, Swiss real retail sales rebounded 1.6% on an annual basis in April, compared to a revised drop … Continue reading

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