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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 29, 2011
Trading signals for Friday 29-07-2011
Forex, Commodities and Index signals for Tuesday 29-07-2011 11:00 GMT Continue reading
Posted in Trading Signals
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The House postponed its vote
The House postponed its vote on the Boehner plan, first until Thursday night, and then indefinitely. USDJPY fell quite significantly on the headline. During the Asia session, EURUSD traded 1.4281-1.4364 and USDJPY traded 77.46-77.87. Continue reading
Posted in Market Snapshot
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AUD/USD: Aussie continues to remain softer as US debt limit deadline nears
For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0999, as investors waited to see whether US lawmakers would be able to agree on a plan to raise the country’s borrowing limit and … Continue reading
Posted in AUD/USD
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Silver: Recouping yesterday’s losses, this morning
Silver prices declined 1.12% to USD 39.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 39.81 per ounce, 0.16% higher, from 23:00GMT. The first level of short term resistance … Continue reading
Posted in Silver
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Crude Oil: Trading below its MA’s
Oil prices declined 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 97.08. At GMT 0300, Oil is trading at USD 97.03 per barrel in the Asian session, marginally lower from 23:00GMT. The pair has its … Continue reading
Posted in Crude Oil
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Gold: Shining again
Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1,615.75 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,617.55 per ounce, 0.11% higher from 23:00GMT. The pair … Continue reading
Posted in Gold
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USD/CAD: Pair trading higher this morning, Investors awaits Canadian GDP data
For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 0.9495. In the Asian session at 3:00GMT, the pair is trading at 0.9503, 0.08% higher from yesterday’s close at 23:00 GMT. The first area … Continue reading
Posted in USD/CAD
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USD/CHF: No breakthrough in US debt talks, Greenback trading lower in the Asian session
For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.8014, as investors remain worried over the impending debt ceiling deadline. In the US, the National Association of Realtors (NAR) reported that, on a … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese yen continues surge, industrial output climbs 3.9% in June
For the 24 hours to 23:00 GMT, USD weakened 0.17% against the JPY and closed at 77.79. In Japan, this morning, the industrial production rose 3.9% (M-o-M) in June following a 6.2% rise in May. The unemployment rate came in … Continue reading
Posted in USD/JPY
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GBP/USD: Trading below short term moving averages
For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.6361. In the UK, the consumer confidence declined to -30.0 in July from -25.0 in the previous month. Additionally, the Confederation of British Industry … Continue reading
Posted in GBP/USD
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EUR/USD: Euro turns red as concerns shift from US to Europe, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.4324, as weak European economic data and a jump in Italy’s borrowing costs heightened concerns over the Euro zone debt crisis. Meanwhile, the ongoing … Continue reading
Posted in EUR/USD
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