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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: December 8, 2011
Trading signals for Thursday 08-12-2011
Forex, Commodities and Index signals for Thursday 08-12-2011 11:00 GMT Continue reading
Posted in Trading Signals
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Australia jobs disappoint
The European Union Summit opens today as Eurozone leaders prepare to save their currency but it appears that some degree of expectations management is already underway, largely on what financial firepower can be deployed. Continue reading
Posted in Market Snapshot
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AUD/USD: Aussie trading lower amid rise in unemployment rate
For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0288. In the Asian session, at GMT0400, the pair is trading at 1.0257, with the AUD trading 0.30% lower from yesterday’s close, amid an … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar gives up some gains in the Asian session
For the 24 hours to 23:00 GMT, USD declined 0.08% against the CAD to close at 1.0088. In the Asian session, at GMT0400, the pair is trading at 1.0097, with the USD trading 0.09% higher from yesterday’s close. The pair … Continue reading
Posted in USD/CAD
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USD/CHF: Pair showing convergence with its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.24% against the CHF and closed at 0.9234. In Switzerland, the unemployment rate rose to 3.1% in November, compared to 2.9% recorded in October. Switzerland’s Finance Minister, Eveline Widmer-Schlumpf, stated that … Continue reading
Posted in USD/CHF
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USD/JPY: Trading flat this morning
For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 77.65. In Japan, yesterday, the Leading Index remained stable at 91.5 in October, in line with market expectations. Meanwhile, the Coincident Index rose to … Continue reading
Posted in USD/JPY
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GBP/USD: Trading flat this morning ahead of BoE interest rate decision
For the 24 hours to 23:00 GMT, GBP rose 0.67% against the USD and closed at 1.5707. In the UK, the National Institute of Economic and Social Research reported that the Gross domestic Product (GDP) estimate rose 0.3% for three … Continue reading
Posted in GBP/USD
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EUR/USD: Euro rose; German industrial output growth tops expectations, trading lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3415, as German industrial production recovered at a faster-than-expected pace in October after easing for two straight months. In Germany, the industrial production rose … Continue reading
Posted in EUR/USD
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Crude Oil: Crude Oil fell over investors’ pessimism
Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 100.71, as investors’ turned pessimistic over the Euro-zone leaders’ summit ahead this week and a surprise rise in the crude oil inventories. The Energy … Continue reading
Posted in Crude Oil
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Silver: Trading marginally higher this morning
Silver prices declined 0.21% to USD 32.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.60, marginally higher from yesterday’s close, on heavy speculative buying amidst fresh industrial demand. Silver … Continue reading
Posted in Silver
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Gold: Yellow metal advanced on better demand, trading lower this morning
Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1,742.95 per ounce, on renewed investors demand as well as good off take in Asian countries, especially, China and India. In the Asian … Continue reading
Posted in Gold
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