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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: December 16, 2016
Trading Signals as per 16-December-2016
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0378 1.0508 GBP/USD BUY Active 1.2318 1.2488 USD/CAD BUY Active 1.3268 1.3418 AUD/USD SELL Active 0.7402 0.7322 USD/CHF BUY Active 1.0188 1.0338 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 between its MA’s, ahead of Baker Hughes weekly rig count data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD51.14 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) and other producers promised to cut production by … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver plunged 5.0% against the USD and closed at USD16.04 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.10, with the white metal trading 0.37% higher … 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 1.25% against the USD and closed at USD 1130.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at … Continue reading
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AUD/USD: Aussie trading a tad higher this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.47% against the USD and closed at 0.7362. LME Copper prices declined 0.9% or $52.5/MT to $5682.5/MT. Aluminium prices declined 0.9% or $16.0/MT to $1736.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Weak exports and energy prices contributed to ‘challenging’ year, says the BoC Governor
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3337. Yesterday, the Bank of Canada Governor, Stephen Poloz, stated that weaker-than-expected exports and disruption in energy production due to Alberta … Continue reading
Posted in USD/CAD
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USD/CHF: SNB leaves key interest rate unchanged at -0.75%
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CHF and closed at 1.0299. Yesterday, the Swiss National Bank (SNB) kept key interest rate unchanged at -0.75%. The SNB Chairman, Thomas Jordan stated that … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a stronger footing this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the JPY and closed at 118.21. In the Asian session, at GMT0400, the pair is trading at 118.08, with the USD trading 0.11% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: BoE maintains 0.25% interest rate, warns of 2017 slowdown
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.92% against the USD and closed at 1.2424, after minutes of the Bank of England’s (BoE) latest monetary policy meeting indicated that inflation may not rise as quickly … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s manufacturing sector accelerated to a 68-month high in December
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.07% against the USD and closed at 1.0419. In economic news, the Euro-zone’s flash Markit manufacturing PMI unexpectedly rose to a level of 54.9 in December, advancing at … Continue reading
Posted in EUR/USD
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