Daily Archives: November 7, 2011

Trading signals for Monday 07-11-2011

Forex, Commodities and Index signals for Monday 07-11-2011 11:00 GMT Continue reading

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AUD/USD: Trading lower this morning, construction index in Australia declines

For the 24 hours to 23:00 GMT, AUD traded flat against the USD, on Friday, to close at 1.0398. In Australia, this morning, the AiG Performance of Construction Index declined to 34.7 in October compared to 30.0 in the previous … Continue reading

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USD/CAD: Canadian dollar extends its Friday’s losses

For the 24 hours to 23:00 GMT, USD rose 0.83% against the CAD, on Friday, to close at 1.0165. Canadian dollar declined as investors’ speculation that European officials are struggling to contain the Greece debt crisis, diminished appeal for high-yielding … Continue reading

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USD/CHF: Swiss Franc slides as SNB warns of intervention

For the 24 hours to 23:00 GMT, USD rose 0.84% against the CHF, on Friday, and closed at 0.8858. In the economic news in Switzerland, the foreign currency reserves declined to CHF 242.7 billion compared to CHF 282.2 billion in … Continue reading

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USD/JPY: Greenback trading lower versus Japanese Yen after Friday’s surge

For the 24 hours to 23:00 GMT, USD strengthened 0.18% against the JPY, on Friday, and closed at 78.20. In the Asian session, at GMT0400, the pair is trading at 78.14, with the USD trading 0.08% lower from Friday’s close. … Continue reading

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GBP/USD: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD, on Friday, and closed at 1.6030. In the Asian session, at GMT0400, the pair is trading at 1.6023, with the GBP trading slightly lower from Friday’s close. … Continue reading

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EUR/USD: Trading flat this morning

For the 24 hours to 23:00 GMT, EUR declined 0.33% against the USD, on Friday, and closed at 1.3773, amid continued concerns over the debt crisis in the Euro-zone. Late Sunday, the Greeck Prime Minister George Papandreou agreed to step … Continue reading

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Crude Oil: Extended its Friday’s gains

Oil prices advanced 0.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 94.48. In the Asian session, at GMT0400, Crude Oil is trading at 94.67, 0.20% higher from Friday’s close. Crude oil is expected … Continue reading

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Silver: Trading higher this morning

Silver prices declined 0.50% to USD 34.15 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.46, 0.91% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold rises on Greece & Italy concerns

Gold prices traded lower by 0.11% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,757.47 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1770.18, 0.72% higher from Friday’s … Continue reading

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