AUD/USD: Australian unemployment rate surprisingly fell in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.84% against the USD to close at 0.7680. LME Copper prices rose 0.07% or $4.0/MT to $5920.5/MT. Aluminium prices rose 2.29% or $40.5/MT to $1811.0/MT. In the Asian … Continue reading

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USD/CAD: The BoC kept its interest rate unchanged

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.48% against the CAD to close at 1.2303, following worse than expected industrial production data in the US. Yesterday, the BoC maintained its interest rate steady at 0.75%, … Continue reading

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USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the CHF and closed at 0.9647. In the Asian session, at GMT0300, the pair is trading at 0.9638, with the USD trading 0.1% lower from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 119.16. In economic news, industrial production in Japan slid 3.1% on a monthly basis in February, following a 3.4% drop recorded … Continue reading

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GBP/USD: Pound extends its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.4827, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.4840, with the GBP … Continue reading

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Trading Signals as per 15-April-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0508 1.0638 USD/CHF SELL Active 0.9812 0.9712 USD/JPY BUY Active 118.98 119.78 GBP/CHF SELL Active 1.4462 1.4312 GBP/USD SELL Active 1.4897 1.4677 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 a tad higher ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices advanced 3.02% against the USD for the 24 hour period ending 23:00GMT, closing at 53.53, amid signs of falling US oil production. Oil prices were further supported after the American Petroleum Institute (API) showed … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.62% to USD 16.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.12, with the silver trading 0.09% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading weaker this morning

Gold Movement Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1192.80 per ounce, as the global equity markets remained in green. In the Asian session, at GMT0300, the pair is trading … Continue reading

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AUD/USD: The RBA must cut interest rates again, warned the IMF

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.7617. Yesterday, the IMF indicated that the RBA needs to cut its interest rates again, as inflation was slowing down too … Continue reading

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USD/CAD: The IMF trimmed Canada’s GDP outlook

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CAD to close at 1.2488. In economic news, the IMF lowered its economic growth projection for the Canadian economy to 2.2% in this year, from … Continue reading

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