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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 27, 2011
Trading signals for Tuesday 27-09-2011
Forex, Commodities and Index signals for Tuesday 27-09-2011 11:00 GMT Continue reading
Posted in Trading Signals
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Risk Recovery Lingers
Risk appetite continued to recover overnight as hopes of a rescue package for the Eurozone continued to rise. It is apparent that several plans are in the pipeline, all of which involve some degree of leveraging up of the EFSF. Continue reading
Posted in Market Snapshot
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USD/CHF: Swiss Franc extended its gain in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.9023. In the US, the new home sales declined 2.3% (M-o-M) in August following a 0.3% decline in July. In the Asian session, at … Continue reading
Posted in USD/CHF
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USD/CAD: Canadian dollar trading higher as risk aversion eases
For the 24 hours to 23:00 GMT, USD declined 0.19% against the CAD to close at 1.0254. Loonie gained against the greenback as reports that European officials are weighing a broad plan to control the region’s debt crisis reduced fears … Continue reading
Posted in USD/CAD
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AUD/USD: Aussie moves northward in Asian session
For the 24 hours to 23:00 GMT, AUD weakened 1.28% against the USD to close at 0.9678, amid uncertainty whether Greece can get help to avoid a debt default and amid a broad commodity sell-off. However, in the Asian session … Continue reading
Posted in AUD/USD
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USD/JPY: Pair trading just below its MA’s
For the 24 hours to 23:00 GMT, USD weakened 0.31% against the JPY and closed at 76.38. St. Louis Federal Reserve President, James Bullard, indicated that the long-term growth in the US might be lower, following the drop in housing … Continue reading
Posted in USD/JPY
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GBP/USD: Pound continue to trade higher in the Asian session
For the 24 hours to 23:00 GMT, GBP rose 0.50% against the USD and closed at 1.5554. The Bank of England (BoE) policy maker, Ben Broadbent stated that he is likely to vote for another round of quantitative easing, increasing … Continue reading
Posted in GBP/USD
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EUR/USD: Euro pares its yesterday’s losses, trading higher this morning on ECB easing hopes
For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3518. EUR pared its losses amid speculation that the European Central Bank (ECB) may cut interest rates to support the eurozone’s economy, after ECB … Continue reading
Posted in EUR/USD
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Crude Oil: Crude Oil rises on optimism over Europe debt crisis and ahead of inventory reports
Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 81.37, supported by speculation that steps taken by the European Central Bank would resolve the debt crisis, raising demand for oil. Investors await the … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the Asian session
Silver prices rose 1.51% to USD 30.75 per ounce during the 24 hours ending 23:00GMT, amid optimism that European leaders would be able to handle a Greece debt default. In the Asian session at 3:00GMT, silver is trading at USD … Continue reading
Posted in Silver
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Gold: Gold fell on CME margin hike, rebounds in Asian session
Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1,629.57 per ounce, amid increase in margin by the CME Group. In the Asian session at 3:00GMT, gold is trading at USD 1,644.78 … Continue reading
Posted in Gold
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