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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: October 24, 2011
Trading signals for Monday 24-10-2011
Forex, Commodities and Index signals for Monday 24-10-2011 11:00 GMT Continue reading
Posted in Trading Signals
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German and Eurozone activity indicators on focus today
Overnight, EURUSD traded in a range of 1.3831-1.3907 and USDJPY in a range of 76.18-76.46, having rebounded from record lows last Friday Ahead today, German and Eurozone activity indicators are out but investors will continue to monitor Eurozone headlines ahead of Wednesday’s summit. Flash China PMI rebounded to 51.1 overnight, a positive result for markets fearful of a hard landing in emerging markets. Continue reading
Posted in Market Snapshot
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AUD/USD: Aussie tad higher this morning
For the 24 hours to 23:00 GMT, AUD strengthened 1.17% against the USD, on Friday, to close at 1.0357. In Australia, this morning, the Producer Price Index (PPI), on quarterly basis, rose 2.7% in the third quarter of 2011, following … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher on optimism over Europe debt plan
For the 24 hours to 23:00 GMT, USD declined 0.74% against the CAD, on Friday, to close at 1.0086. Canadian dollar rose against the greenback as hopes about the solution to contain the European debt crisis ahead of a meeting … Continue reading
Posted in USD/CAD
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USD/CHF: Pair trading below its MA’s
For the 24 hours to 23:00 GMT, USD declined 1.40% against the CHF, on Friday, and closed at 0.8814. In Switzerland, the money supply rose 8.2% (Y-o-Y) in September, compared to a growth of 8.0% recorded in August. In the … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback trading higher against Yen in Asian session
For the 24 hours to 23:00 GMT, USD weakened 1.00% against the JPY, on Friday, and closed at 76.11. Japanese finance minister, Jun Azumi, stated that he would take decisive action against excessive and speculative yen moves, threatening to conduct … Continue reading
Posted in USD/JPY
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GBP/USD: Pair trading flat this morning
For the 24 hours to 23:00 GMT, GBP rose 1.10% against the USD, on Friday, and closed at 1.5968, after economic reports showed that the public sector net borrowing rose less than expected in September. The public sector net borrowing, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro falls after Friday’s surge, Euro crisis rescue deal takes shape
For the 24 hours to 23:00 GMT, EUR rose 0.82% against the USD, on Friday, and closed at 1.3895, over raised investors’ optimism ahead of European Officials meeting on Sunday. European Officials, on Sunday, outlined plans to aid banks and … Continue reading
Posted in EUR/USD
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Gold: Gold rises up on hopes for Europe debt deal
Gold prices traded higher by 1.61% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,639.90 per ounce, as greenback weakened and as renewed optimism about the eurozone debt solution, spurred investors back to precious metals. … Continue reading
Posted in Gold
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Silver: Trading higher
Silver prices rose 2.98% to USD 31.31 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.40, 0.28% higher from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Crude Oil: Continues to extend Friday’s gain, trading just below $88 per barrel
Oil prices advanced 1.55% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 87.62, as investors’ optimism about the Eurozone debt crisis resolution grew, ahead of Eurozone Officials meeting on Sunday. In the Asian session, … Continue reading
Posted in Crude Oil
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