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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
AUD/USD: Aussie continues its downfall this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.18% against the USD, on Friday, to close at 1.0229. In the Asian session, at GMT0400, the pair is trading at 1.0163, with the AUD trading 0.64% lower from Friday’s … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar weakened amid release of poor Canadian jobs data
For the 24 hours to 23:00 GMT, USD rose 0.68% against the CAD, on Friday, to close at 1.0268. Canadian dollar fell against greenback after reports showed that Canadian economy added less than expected jobs. The unemployment rate in … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower this morning, Investors await Swiss unemployment and retail sales data
For the 24 hours to 23:00 GMT, USD rose 0.22% against the CHF, on Friday, and closed at 0.9550. In Switzerland, the Consumer Price Index declined 0.7% (YoY), compared to 0.5% decline in November. In the Asian session, at … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading marginally higher this morning
For the 24 hours to 23:00 GMT, USD weakened 0.21% against the JPY, on Friday, and closed at 76.99. In the Asian session, at GMT0400, the pair is trading at 76.96, with the USD trading 0.04% lower from Friday’s … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound extends its Friday’s losses
For the 24 hours to 23:00 GMT, GBP fell 0.40% against the USD, on Friday, and closed at 1.5430. In the UK, according to the survey conducted by mortgage lender, Halifax, house prices fell 0.9% (MoM) in December. In … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower ahead of Sarkozy-Merkel meeting later today
For the 24 hours to 23:00 GMT, EUR declined 0.50% against the USD, on Friday, and closed at 1.2721. In economic news in Germany, the factory orders declined 4.8% (MoM) in November, compared to 5.0% rise in the preceding … Continue reading
Posted in EUR/USD
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Trading signals for Friday 06-01-2012
Forex, Commodities and Index signals for Friday 06-01-2012 11:00 GMT Continue reading
Posted in Trading Signals
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US payrolls release
In a typical prelude to a US payrolls release, FX markets traded in very tight ranges in Asia until newswires reported speculation of a nuclear incident in North Korea. Officials in Seoul and Tokyo later rejected the idea, but not before EURUSD broke to new 15-month lows, and AUDUSD dropped 20 pips. Continue reading
Posted in Market Snapshot
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Crude Oil: Crude Oil down amid rise in oil stockpiles
Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 101.48, after reports showed an increase in crude oil inventories. The Energy Information Administration reported that crude-oil supplies rose 2.2 million barrels in … Continue reading
Posted in Crude Oil
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Silver: Silver showing convergence with its MA’s
Silver prices rose 0.55% to USD 29.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.28, 0.07% lower from yesterday’s close. Silver is expected to find support at 28.79, … Continue reading
Posted in Silver
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Gold: Gold extended its gains this morning
Gold prices traded higher by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1,622.38 per ounce. Yesterday, two leading brokers lowered 2012 gold-price forecasts, but held to expectations for rising prices this year. HSBC cut … Continue reading
Posted in Gold
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