Daily Archives: February 7, 2011

Gold Technical Outlook (7 February 2011)

Posted on February 7, 2011 by GCI Financial

1326.50 level remains key support
Consolidation intact from triple top
1366.15 key upside hurdle Continue reading →

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EUR lower on weak German economic data

Posted on February 7, 2011 by GCI Financial

EUR lower on weaker German data
Japanese debt to reach JPY 1 quadrillion?
BoE MPC vote a close call on Thursday
Traders still talking U.S. January non-farm payrolls report Continue reading →

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Australia Retail Sales below expectations

Posted on February 7, 2011 by GCI Financial

The price action during the Asia session was subdued relative to the frenetic activity seen after Friday’s payrolls report, with USDJPY locked in a particularly tight range. However, the dollar did surrender some of Friday’s gains overnight. EURUSD traded 1.3547-1.3624, USDJPY 82.16-82.29. Continue reading →

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