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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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Monthly Archives: January 2012
Silver: White metal continues to fall
Silver prices declined 1.02% to USD29.89 per ounce during the 24 hours ending 23:00GMT on Friday. In the Asian session, at GMT0400, Silver is trading at 29.59, 1.03% lower from Friday’s close. Silver is expected to find support at 29.30, … Continue reading
Posted in Silver
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Gold: Yellow metal tad lower in Asian session
Gold prices traded lower by 0.67% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,637.83 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1636.93, 0.05% lower from Friday’s … Continue reading
Posted in Gold
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AUD/USD: Aussie continues to trade lower
For the 24 hours to 23:00 GMT, AUD weakened 0.46% against the USD on Friday to close at 1.0283. This morning, the Australian Bureau of Statistics indicated that, on a seasonally adjusted basis, the number of mortgages approved edged up … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar backpedals on Europe downgrades, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.65% against the CAD on Friday to close at 1.0253, as safe haven demand found support after ratings agency Standard and Poor’s downgraded nine countries in the Euro-zone, including France. In … Continue reading
Posted in USD/CAD
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USD/CHF: Trading above its MA’s
For the 24 hours to 23:00 GMT, USD rose 1.12% against the CHF on Friday and closed at 0.9550. In the US, the trade deficit increased to $47.8 billion in November, marking the widest level since June 2011, following a … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading higher this morning, machinery orders jump 14.8%
For the 24 hours to 23:00 GMT, USD strengthened 0.19% against the JPY on Friday and closed at 76.93. Demand for the greenback surged following reports that Standard & Poor’s downgraded France, a previously AAA-rated country. In Japan, on a … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound trading higher in Asian session; Osborne sees grounds for optimism on European outlook
For the 24 hours to 23:00 GMT, GBP fell 0.27% against the USD on Friday and closed at 1.5294, as demand for the dollar increased following reports that the Standard & Poor’s ratings agency downgraded nine Euro-zone countries. On Friday, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro falls after S&P downgraded France of AAA, Greece concerns, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 1.35% against the USD on Friday and closed at 1.2640, after Standard & Poor’s downgraded France of its top credit rating and cut eight other euro-zone nations. EUR was further weighed … Continue reading
Posted in EUR/USD
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Trading signals for Friday 13-01-2012
Forex, Commodities and Index signals for Friday 13-01-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Euro’s rebound continued during the Asia session
The euro’s rebound continued during the Asia session, buoyed by yesterday’s rally across Eurozone sovereign bond markets. EURUSD traded 1.2807-1.2873, USDJPY traded 76.69-76.84. Continue reading
Posted in Market Snapshot
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AUD/USD: Aussie rallies on rise in risk appetite
For the 24 hours to 23:00 GMT, AUD strengthened 0.26% against the USD to close at 1.0331, as risk appetite increased, after the European Central Bank (ECB) President announced several positive developments in the Euro zone. In the Asian session, … Continue reading
Posted in AUD/USD
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