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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: September 21, 2011
Trading signals for Wednesday 21-09-2011
Forex, Commodities and Index signals for Wednesday 21-09-2011 11:00 GMT Continue reading
Posted in Trading Signals
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Greek Finance Ministry expresses confidence in obtaining the next tranche of aid
The Eurozone just might be able to stay out of the limelight later today as the Fed decision is due. Our base case remains for some form of ‘Operation Twist’ but we do not believe this will have the dollar debasement effect that QE2 had. Continue reading
Posted in Market Snapshot
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AUD/USD: Aussie advances this morning after yesterday’s fall
For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 1.0221. Australian dollar declined yesterday, in the morning, following RBA’s signal that it would hold interest rates. In the Asian session at 3:00GMT, the … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar trading flat this morning ahead of CPI data in Canada
For the 24 hours to 23:00 GMT, USD traded slightly lower against the CAD to close at 0.9938. This morning, the International Monetary Fund (IMF) downgraded the forecast for Canada, stating that Canada’s jobless rate would tick higher this year … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc dropped on speculation of further action by SNB trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.25% against the CHF and closed at 0.8883. Swiss franc fell against the greenback amid speculation that the Swiss National Bank policy makers may further impose a tighter target to control … Continue reading
Posted in USD/CHF
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USD/JPY Dollar trading lower ahead of the US Federal Reserve’s policy decision
For the 24 hours to 23:00 GMT, USD weakened 0.14% against the JPY and closed at 76.48. In Japan, yesterday, the leading index was revised lower to a reading of 104.6 in July, from 102.6 in the previous month. The … Continue reading
Posted in USD/JPY
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EUR/USD: Euro continues its northward journey in the Asian session
For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD and closed at 1.3681, following expectations that a Greek default would be averted. Meanwhile, the Fitch credit rating agency, yesterday, affirmed Germany’s AAA rating with a stable … Continue reading
Posted in EUR/USD
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GBP/USD: Pound trading flat this morning, Investors awaits BoE minutes
For the 24 hours to 23:00 GMT, GBP rose 0.43% against the USD and closed at 1.5728. This morning in the UK, the nationwide consumer confidence declined to 48.0 in August, from 49.0 in the previous month. The pair opened … Continue reading
Posted in GBP/USD
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Gold: Gold regains $1,800 per ounce levels
Gold prices traded higher by 1.07% against the USD in the 24 hour period ending 23:00GMT, at 1,802.07 per ounce, rebounding from the sharp fall in the previous few sessions. In the Asian session at 3:00GMT, gold is trading at … Continue reading
Posted in Gold
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Silver: White metal trading higher this morning
Silver prices rose 0.50% to USD 39.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 39.93 per ounce, 0.30% higher, from 23:00GMT. The first level of short term resistance … Continue reading
Posted in Silver
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Crude Oil: Crude oil extended its gains this morning on signs of improved US demand
Oil prices advanced 1.52% against the USD for the 24 hour period ending 23:00GMT, closing at 86.40, amid speculation that the Federal Reserve would announce stimulus to bolster the economy. Late Tuesday, the American Petroleum Institute reported that crude-oil inventories … Continue reading
Posted in Crude Oil
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