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Silver Support levels broken, looking to 19.20 commodities 

Silver Prices Range Bound as US Dollar Recovers

Silver Prices Range Bound as US Dollar Recovers Silver Buz Investors Silver Prices Range Bound The precious metal is trading at $16.81 per ounce at 10:40 GMT this morning, 0.12% lower from the New York close. During the session, silver traded at a high of $16.89 per ounce and a low of $16.79 per ounce. In the New York session yesterday, silver rose 1.14% and closed at $16.83 per ounce. Immediate downside, the first support level is seen at $16.62 per ounce, while on the upside, the first resistance level…

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Euro spikes above $1.06 in thin trade; Dollar recovers above 117 yen Forex News 

Euro spikes above $1.06 in thin trade; Dollar recovers above 117 yen

Euro spikes above $1.06 in thin trade; Dollar recovers above 117 yen Euro spikes Major pairs were hit by volatility on Friday as ultra-thin volumes on 2016’s last trading day triggered some sharp moves. The euro spiked up to 1.0652 dollars in early Asian trading in a move that was triggered by an illiquid market than by news. The jump had a knock-on effect on other crosses and the dollar briefly fell to a 2-week low of 116.04 yen. Things settled later in the Asian session with the euro easing…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Recovers From Key Support

AUDUSD Recovers From Key Support AUDUSD Buz Investors AUDUSD Recovers The Australian Dollar is trading at 0.7191 against the US Dollar at 10:40 GMT, 0.1% higher from the New York close. This morning, the pair traded at a high of 0.7219 and a low of 0.7174. T he AUD fell against the USD in the New York session yesterday, closing marginally higher at 0.7184. The pair is expected to its find support at 0.7170 and its first resistance at 0.7215. AUDUSD Recovers AUDUSD Recovers  AUD/USD has bounced higher from an…

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Oil recovers ground post-Fed Energy 

Oil recovers ground post-Fed

Oil recovers ground post-Fed OIL Buz Investors Oil recovers ground Oil prices fell on Thursday as the dollar rallied in the wake of a rise in U.S. interest rates, despite forecasts of a tighter oil market in 2017 due to planned output cuts. The dollar hit a 14-year high against a basket of other currencies after the U.S. Federal Reserve raised rates for the first time in a year and hinted rates could rise faster than investors had anticipated in 2017.  A stronger dollar, in which oil is traded, tends to hit…

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports Forex News 

USDJPY recovers in tandem with DXY & Nikkei

USDJPY recovers in tandem with DXY & Nikkei USD=JPY Buz Investors USDJPY recovers This morning, at 10:40 GMT, the US Dollar is trading at 112.25 against the Yen, 0.73%   lower from the New York close. Investors will look forward to Japan’s unemployment rate, retail trade and large retailers’ sales data, due to release overnight. During the session, the pair traded at a high of 113.08 and a low of 111.32. On Friday, the US Dollar traded 0.12% higher against the Yen in the New York session and ended at…

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports Forex News 

USDJPY Yen Falls on Weak Inflation but Recovers

USDJPY Yen Falls on Weak Inflation but Recovers USD-JPY Buz Investors Yen Falls on Weak Inflation This morning, at 10:40 GMT, the US Dollar is trading at 112.86 against the Yen, 0.38% lower from the New York close. Overnight data showed that Japan’s national consumer price index rebounded on an annual basis in October. During the session, the pair traded at a high of 113.89 and a low of 112.53. Yesterday, the US Dollar traded 0.16% higher against the Yen in the New York session and ended at 113.29. The…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Recovers On Higher Commodities Prices

AUDUSD Recovers On Higher Commodities Prices AUD-USD Buz Traders AUDUSD Recovers  The pair is trading at 0.7398 at 10:40 GMT this morning, with the Australian Dollar trading 0.39% higher against US Dollar from the New York close. This morning, the pair traded at a high of 0.7413 and a low of 0.7352. The Australian Dollar traded a tad lower against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7369. In economic news, data indicated that Australia’s CB leading indicator rose in September….

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Gold price recovers slightly Market Trends 

Gold price recovers slightly

Gold price recovers slightly Gold Buz Traders Gold price recovers slightly  Gold is trading at $1319.90 per ounce at 09:40 GMT this morning, 0.08% higher from the New York close. Gold witnessed a high of $1322.60 per ounce and a low of $1316.80 per ounce during the session. Gold fell in the New York session on Friday, closing 0.9% lower at $1318.80 per ounce, amid gains in global equity markets. Immediate downside, the first support level is seen at $1313.43 per ounce, while on the upside, the first resistance level is…

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USD/CHF is staying in range Forex News 

USDCHF recovers to turn positive

USDCHF recovers to turn positive USD-CHF Buz Traders USDCHF recovers The US Dollar is trading at 0.9714 against the Swiss Franc at 09:40 GMT this morning, 0.1% higher from the New York close. On the data front, Switzerland’s UBS consumption indicator advanced in August from July. The pair traded at a high of 0.9736 and a low of 0.9693 this morning. Yesterday, the USD traded 0.02% higher against the CHF in the New York session and ended at 0.9704. The pair is expected to its find support at 0.9680 and…

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