USD/JPY: Japan posted a merchandise total trade deficit in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 114.09. In the Asian session, at GMT0400, the pair is trading at 113.95, with the USD trading 0.12% lower from yesterday’s … Continue reading

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GBP/USD: UK’s unemployment remained steady at a decade low level, while wage growth slowed during December quarter

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.13% against the USD and closed at 1.4286, after the release of mixed jobs data in the UK. Data showed that, the ILO unemployment rate unexpectedly remained steady … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1129, after the Euro-zone’s seasonally adjusted construction output fell by 0.6% MoM in December, compared to a revised gain of 0.9% … Continue reading

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Trading Signals as per 17-February-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1098 1.1188 GBP/USD SELL Active 1.4412 1.4252 AUD/USD SELL Active 0.7142 0.7062 NZD/USD BUY Active 0.6550 0.6633 GBP/CHF BUY Active 1.4042 1.4257 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 higher, ahead of the API’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.4% against the USD and closed at 29.11, after Russia and Saudi Arabia dashed expectations for a cut in production, as both agreed to freeze output only … Continue reading

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Silver: White metal trading higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.26% against the USD and closed at 15.28, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.36, with the silver trading … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at 1203.20, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1209.10, with the … Continue reading

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AUD/USD: Aussie extends its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.4% against the USD and closed at 0.7116. LME Copper prices rose 0.47% or $21.5/MT to $4583.5/MT. Aluminium prices rose 1.53% or $23.0/MT to $1528.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.3869. In economic news, Canada’s existing home sales rebounded by 0.5% MoM in January, following a 0.6% decline in the previous … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s ZEW economic expectations index data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9888. In the Asian session, at GMT0400, the pair is trading at 0.9873, with the USD trading 0.16% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading higher, ahead of Japan’s adjusted merchandise trade balance data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the JPY and closed at 114.18. In the Asian session, at GMT0400, the pair is trading at 113.80, with the USD trading 0.34% lower from yesterday’s … Continue reading

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