AUD/USD: Australia’s services sector growth continued to slow, retail sales missed expectations

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7711. LME Copper prices declined 0.9% or $63.0/MT to $6855.0/MT. Aluminium prices declined 1.6% or $36.0/MT to $2152.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading marginally lower ahead of Canada’s international merchandise trade figures and unemployment rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.2812. In the Asian session, at GMT0400, the pair is trading at 1.2813, with the USD trading a tad higher from … Continue reading

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USD/CHF: Switzerland’s consumer confidence improved slightly and real retail sales unexpectedly fell

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9995. Macroeconomic indicators revealed that Switzerland’s SECO consumer sentiment rose to -2.0 in the fourth quarter of 2017 from a level … Continue reading

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USD/JPY: Japanese Yen trading marginally higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the JPY and closed at 114.05. In the Asian session, at GMT0400, the pair is trading at 114.02, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: BoE raised its benchmark interest rate due to Brexit pressure, but signalled further rate hikes would be gradual

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.48% against the USD and closed at 1.3053, following a dovish statement by the Bank of England (BoE). The BoE’s Monetary Policy Committee (MPC) increased its key interest … Continue reading

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EUR/USD: Eurozone manufacturing PMI hits an 80-month high in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1656, after Eurozone manufacturing activity expanded at the fastest pace in more than six years to 58.5 in October, but missed … Continue reading

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Trading Signals as per 02-November-2017

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 114.62 113.82 USD/CAD SELL Active 1.2892 1.2802 AUD/USD SELL Active 0.7742 0.7682 EUR/JPY SELL Active 133.12 132.42 NZD/USD SELL Active 0.6944 0.6874 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Oil trading marginally higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.62% against the USD and closed at USD54.22 per barrel, after the Energy Information Administration (EIA) report showed that US weekly crude oil exports jumped to … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.70% against the USD and closed at USD17.15 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at USD17.16 per ounce, … Continue reading

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Gold: Yellow metal extends its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.39% against the USD and closed at USD1276.0 per ounce, after the US Fed decided to keep interest rates unchanged at its latest meeting. In the Asian session, at … Continue reading

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AUD/USD: Australia’s trade surplus surged to its highest level in four months in September, building approvals gained

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7675. LME Copper prices rose 1.7% or $116.0/MT to $6918.0/MT. Aluminium prices gained 2.2% or $48.0/MT to $2188.0/MT. Overnight data showed … Continue reading

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