USD/CAD: Loonie trading higher, ahead of Canada’s RBC manufacturing PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.4045. On the economic front, data indicated that Canada’s GDP growth expanded for the first time in three months by 0.3% … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 1.0223. In economic news, Switzerland’s KOF leading indicator index unexpectedly rose to a level of 100.3 in January, compared to market … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.8% against the JPY and closed at 120.94. The Japanese Yen lost ground, after the BoJ in an unexpected move adopted negative interest rate in a bid to … Continue reading

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GBP/USD: Pound trading on a stronger footing, ahead of UK’s manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.99% against the USD and closed at 1.4216. In the Asian session, at GMT0400, the pair is trading at 1.4259, with the GBP trading 0.31% higher from Friday’s … Continue reading

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EUR/USD: Euro trading higher, ahead of the release of final Markit manufacturing PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.91% against the USD and closed at 1.0840, after Germany’s retail sales ended 2015 on a weak note Data showed that German retail sales unexpectedly declined by 0.2% … Continue reading

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Trading Signals as per 29-January-2016

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4253 1.4258 AUD/USD SELL Active 0.7152 0.7062 GBP/CHF BUY Active 1.4508 1.4707 USD/JPY BUY Active 119.68 121.58 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 higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 4.61% against the USD and closed at 33.55, on rising speculation that the Organization of the Petroleum Exporting countries (OPEC) would bring down its production output … Continue reading

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Silver: White metal trading higher this morning

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 1.69% against the USD and closed at 14.26, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.25, with the silver … 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, the Gold declined 0.98% against the USD and closed at 1115.30, amid a strength in the US equity markets and due to a significant rebound in oil prices. In the Asian … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.83% against the USD and closed at 0.7085. LME Copper prices rose 1.02% or $46/MT to $4553.50/MT. Aluminium prices rose 1.26% or $19.0/MT to $1527/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD and closed at 1.4034. In the Asian session, at GMT0400, the pair is trading at 1.4044, with the USD trading 0.07% higher from yesterday’s … Continue reading

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