AUD/USD: Australian unemployment rate hits 12-year high

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.8319. LME Copper prices rose 1.17% or $75.0/MT to $6476.0/MT. Aluminium prices rose 0.26% or $5.0/MT to $1950.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses ahead of Canada’s new housing price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD gained 0.32% against the CAD to close at 1.1477. The CAD lost ground after the BoC Governor, Stephen Poloz warned that Canada’s overvalued housing market and household debt still … 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 0.43% against the CHF and closed at 0.9668. In the Asian session, at GMT0400, the pair is trading at 0.9662, with the USD trading 0.06% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.41% against the JPY and closed at 117.94. In the Asian session, at GMT0400, the pair is trading at 118.05, with the USD trading 0.09% higher 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 rose 0.27% against the USD and closed at 1.5717, after Britain’s total trade deficit dropped more than anticipated to £2.02 billion in October, compared to a revised deficit of … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.53% against the USD and closed at 1.2446, extending its previous session gains. In economic news, non-farm pay-rolls in the third quarter eased 0.3% in France, higher than … Continue reading

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Trading Signals as per 10-December-2014

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2318 1.2438 GBP/USD BUY Active 1.5598 1.5738 AUD/USD BUY Active 0.8258 0.8358 EUR/JPY BUY Active 146.58 148.38 GBP/CHF BUY Active 1.5128 1.5258 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 lower ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices advanced 0.65% against the USD for the 24 hour period ending 23:00GMT, closing at 63.33, rebounding from its previous session losses. Yesterday, the American Petroleum Institute (API) revealed that the US crude stockpiles unexpectedly … Continue reading

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

Silver Movement Silver prices rose 4.52% to USD 17.12 per ounce during the 24 hours ending 23:00GMT, tracking heavy gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.09, with the silver trading 0.15% … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded higher by 2.28% against the USD in the 24 hour period ending 23:00GMT, at 1231.20 per ounce, following a slump in the global equity markets, thus enhancing the demand of the safe-haven yellow metal. In … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.8299. LME Copper prices declined 1.00% or $64.5/MT to $6401.0/MT. Aluminium prices declined 0.77% or $15.0/MT to $1945.0/MT. In … Continue reading

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