Daily Archives: August 15, 2011

Trading signals for Monday 15-08-2011

Forex, Commodities and Index signals for Monday 15-08-2011 11:00 GMT

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AUD/USD: Australian dollar continues to add to Friday’s gains

For the 24 hours to 23:00 GMT, AUD strengthened 0.13% against the USD, on Friday, to close at 1.0347. In the Asian session at 3:00GMT, the pair is trading at 1.0407, 0.58% higher from Friday’s close at 23:00 GMT. LME … Continue reading

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USD/CAD: Pair showing convergence with its MA’s

For the 24 hours to 23:00 GMT, USD rose marginally against the CAD, on Friday, to close at 0.9866. In the US, the retail sales increased 0.5% (M-o-M) in July, following 0.3% growth in June. In the Asian session at … Continue reading

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USD/CHF: Swiss Franc continues to trade lower as peg talk persists

For the 24 hours to 23:00 GMT, USD rose 2.13% against the CHF, on Friday, and closed at 0.7777, on speculation that Swiss National Bank would act further to weaken the Franc. In the US, the business inventories grew 0.3% … Continue reading

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USD/JPY: Yen trading lower on intervention threats

For the 24 hours to 23:00 GMT, USD weakened 0.21% against the JPY, on Friday, and closed at 76.67. In Japan, on Friday, the industrial output rose 3.8% (M-o-M) in June, following a 3.9% growth in the previous month. The … Continue reading

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GBP/USD: Trading flat in the Asian session

For the 24 hours to 23:00 GMT, GBP rose 0.32% against the USD, on Friday, and closed at 1.6276. In the UK, this morning, the Rightmove House Price Index declined 2.1% (M-o-M) in August, following a 1.6% decline in the … Continue reading

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EUR/USD: Euro continues its upward journey

For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD, on Friday, and closed at 1.4248. The greenback came under pressure, after the reports showed that the US consumer confidence fell more than expected in August. The … Continue reading

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Crude Oil: Oil fell on demand concerns, trading higher this morning

Oil prices declined 0.20% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 85.37, as US consumer sentiment index fell sharply in August and as Euro zone industrial production dropped unexpectedly in June, raising concerns … Continue reading

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Silver: Cooling off this morning

Silver prices rose 0.72% to USD 39.02 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 38.94 per ounce, 0.21% lower, from Friday’s close. The first level of … Continue reading

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Gold: Continues to traded lower in Asian session

Gold prices traded lower by 0.74% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,745.80 per ounce, amid profit booking. In the Asian session at 3:00GMT, gold is trading at USD 1,744.10 per ounce, 0.10% … Continue reading

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