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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: July 2, 2014
Trading Signals per 02-July-2014
Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.7202 1.7157 EUR/CHF BUY Active 1.2108 1.2153 EUR/USD SELL Active 1.3715 1.3670 USD/JPY BUY Active 101.25 101.70 USD/CHF BUY Active 0.8870 0.8915 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select … Continue reading
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Crude Oil: Crude trading higher, following yesterday’s fall
Crude Oil Movement Crude Oil prices declined 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 105.28, amid mounting speculations that ongoing unrest in Iraq and Ukraine would not impact oil supplies from the respective regions. … Continue reading
Posted in Crude Oil
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Silver: White metal pares its gains in the Asian trading hours
Silver Movement Silver prices rose 0.36% to USD 21.09 per ounce during the 24 hours ending 23:00GMT, amid strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 21.07, 0.09% lower from yesterday’s close. Silver … Continue reading
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Gold: Yellow metal trading marginally lower this morning
Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1327.10 per ounce, as geo-political tensions in Ukraine and the Middle East bolstered the safe-haven appeal of the metal. However, a rally … Continue reading
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AUD/USD: Aussie declines, hurt by a weak Australian trade balance data
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.65% against the USD to close at 0.9493, following the RBA’s decision to keep its interest rate on hold at 2.5% in June. LME Copper prices rose 0.9% … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie pares its gains amid a lack of major economic releases from Canada
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0633, amidst a public holiday in Canada. In the Asian session, at GMT0300, the pair is trading at 1.0641, with the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc continues to trade lower against the US Dollar in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.8874. In economic news, the Swiss SVME association and Credit Suisse reported that its purchasing managers’ index for the Swiss economy … Continue reading
Posted in USD/CHF
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USD/JPY: Yen extends its losses in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 101.54. The Japanese Yen lost ground after the BoJ’s Tankan survey highlighted a lack of confidence among Japanese business. Also, the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound extends its gains on the back of strong UK manufacturing PMI data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.7149, after Markit Economics reported that its final PMI on UK’s manufacturing sector unexpectedly rose at the fastest pace in seven … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading a tad lower with focus on Euro-zone’s first-quarter GDP data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.3681, as the latest batch of soft economic releases from the Euro-zone and its member nations spurred fresh concerns on the … Continue reading
Posted in EUR/USD
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