USD/CAD: Loonie trading a tad higher, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2736. In the Asian session, at GMT0400, the pair is trading at 1.2734, with the USD trading slightly lower against the … Continue reading

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USD/CHF: Switzerland’s producer and import prices advanced in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 0.9896. On the data front, Switzerland’s producer and import price index climbed 0.5% on a monthly basis in October, following a … Continue reading

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USD/JPY: Japan’s economic growth slowed in 3Q 2017

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the JPY and closed at 113.45. In the Asian session, at GMT0400, the pair is trading at 113.16, with the USD trading 0.26% lower against the … Continue reading

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GBP/USD: UK’s annual inflation missed market expectations in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.3162. Data indicated that British consumer price index (CPI) climbed less-than-expected by 3.0% on an annual basis in October, signalling that … Continue reading

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EUR/USD: German economy grew faster-than-expected in 3Q 2017

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.12% against the USD and closed at 1.1796, boosted by robust economic growth in Germany. In economic news, second estimate of the Euro-zone’s seasonally adjusted gross domestic product … Continue reading

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Trading Signals as per 14-November-2017

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9908 0.9968 AUD/USD BUY Active 0.7598 0.7648 NZD/USD SELL Active 0.6883 0.6833 GBP/CHF BUY Active 1.2993 1.3097 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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Crude Oil: Oil extends its losses, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.11% against the USD and closed at USD56.76 per barrel, after the Energy Information Administration (EIA) forecasted that US shale oil production would rise by 80,000 barrels … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.8% against the USD and closed at USD17.04 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17, with the … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.16% against the USD and closed at USD1278.50 per ounce, as weakness in global equities and continuous uncertainty over US tax reforms increased demand of the precious yellow metal. … Continue reading

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AUD/USD: Australia’s business conditions sharply improved in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7618. LME Copper prices declined 0.4% or $29.0/MT to $6768.0/MT. Aluminium prices rose 0.5% or $10.0/MT to $2100.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2737. In the Asian session, at GMT0400, the pair is trading at 1.2742, with the USD trading marginally higher against the … Continue reading

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