USD/CHF: Swiss manufacturing activity hits highest level since February 2014

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 1.0102. The Swiss Franc gained ground, after Switzerland’s SVME-purchasing mangers’ index unexpectedly advanced to a level of 56.6 in November, rising … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 114.16. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.22% lower against the … Continue reading

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GBP/USD: UK’s manufacturing sector growth cooled to a four month low in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.2591, after Brexit Minister, David Davis, stated that Britain could secure access to the European Union’s trade market by paying for … Continue reading

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EUR/USD: Euro-zone’s unemployment rate declined to its lowest in more than 7 years in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.0656, after the Euro-zone’s unemployment rate unexpectedly dropped to a more than seven-year low level of 9.8% in October, thus reflecting … Continue reading

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Trading Signals as per 1-December-2016

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2448 1.2568 USD/JPY BUY Active 113.18 114.48 AUD/USD BUY Active 0.7368 0.7438 NZD/USD SELL Active 0.7135 0.7068 GBP/CHF BUY Active 1.2644 1.2787 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 on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rocketed 8.52% against the USD and closed at USD49.15, after the Organisation of the Petroleum Exporting Countries (OPEC) and Russia finally reached an agreement for the first time … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.75% against the USD and closed at USD16.58, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.46, with the silver trading … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.31% against the USD and closed at USD1174.80 per ounce, amid gains in the greenback and strength in global equity markets. In the Asian session, at GMT0400, the pair … Continue reading

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AUD/USD: Australia’s manufacturing sector expanded to its highest level since July 2016 in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.36% against the USD and closed at 0.7385. LME Copper prices declined 0.66% or $38.0/MT to $5740.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1722.5/MT. In the Asian … Continue reading

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USD/CAD: Canadian economy rebounded with fastest growth in two years in the third quarter

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD and closed at 1.3425. On the data front, Canada’s annualised gross domestic product (GDP) rebounded by 3.5% on a quarterly basis in the third … Continue reading

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USD/CHF: Switzerland’s KOF leading indicator surprisingly declined in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 1.0162. The Swiss Franc lost ground, after Switzerland’s KOF leading indicator unexpectedly dropped to a level of 102.2 in November, defying … Continue reading

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