USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2600. On the data front, Canada’s manufacturing shipments climbed 1.1% MoM in May, topping market consensus for a rise of 0.8%. … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9548. In the Asian session, at GMT0300, the pair is trading at 0.9549, with the USD trading slightly higher against the … Continue reading

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USD/JPY: BoJ announces no change to monetary policy, trims inflation forecast and upgrades economic outlook

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the JPY and closed at 111.88. In the Asian session, at GMT0300, the pair is trading at 111.98, with the USD trading 0.09% higher against the … Continue reading

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GBP/USD: Pound trading marginally higher, ahead of UK’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3027. In the Asian session, at GMT0300, the pair is trading at 1.3030, with the GBP trading a tad higher against … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1529. On the data front, the Euro-zone’s seasonally adjusted construction output eased 0.7% on a monthly basis in May, following a … Continue reading

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Trading Signals as per 19-July-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1572 1.1512 GBP/USD SELL Active 1.3112 1.3002 NZD/USD BUY Active 0.7329 0.7384 GBP/CHF BUY Active 1.2345 1.2488 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 trading on a weaker footing, ahead of EIA’s crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.04% against the USD and closed at USD46.48 per barrel, as reports of a decrease in Saudi Arabian crude exports boosted investor sentiment. Separately, the American Petroleum … Continue reading

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Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.93% against the USD and closed at USD16.24 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.24, with the … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.74% against the USD and closed at USD1242.90 per ounce, as weakness in the US Dollar boosted demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Australia’s Westpac leading index declined further in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.59% against the USD and closed at 0.7920. LME Copper prices declined 0.4% or $25.0/MT to $5940.5/MT. Aluminium prices declined 0.7% or $14.0/MT to $1887.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.2623. In the Asian session, at GMT0300, the pair is trading at 1.2638, with the USD trading 0.12% higher against the … Continue reading

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