Monthly Archives: January 2012

Crude Oil: Trading tad above $100 per barrel

Oil prices declined 1.07% against the USD for the 24 hour period ending 24:00GMT, closing at 100.39, after a report on US oil stockpiles suggested weaker fuel demand globally. According to the Energy Department, US gasoline consumption fell 2.2% to … Continue reading

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Silver: Silver gives up some gains this morning

Silver prices rose 0.23% to USD 30.62 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.59, 0.1% lower from yesterday’s close. Silver is expected to find support at 30.33, and … Continue reading

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Gold: Gold continues to lose shine in the Asian session

Gold prices traded lower by 0.26% against the USD in the 24 hour period ending 24:00GMT, at 1657.24 per ounce, as the safe-haven appeal of the metal was reduced following the release of bigger-than-expected decline in US jobless claims. In … Continue reading

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AUD/USD: Aussie extended its losses in Asian session

For the 24 hours to 23:00 GMT, AUD weakened slightly against the USD to close at 1.0418. In the Asian session, at GMT0400, the pair is trading at 1.0407, with the AUD trading 0.11% lower from yesterday’s close. This morning … Continue reading

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USD/CAD: Canadian Dollar’s rally fades on weaker oil prices

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0112. Data released in Canada showed that the manufacturing sales climbed 2.0% in November to C$49.6 billion, the fourth increase in five months. In … Continue reading

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USD/CHF: Swiss Franc losing ground this morning

For the 24 hours to 23:00 GMT, USD declined 0.81% against the CHF and closed at 0.9320. In the Asian session, at GMT0400, the pair is trading at 0.9321, with the USD trading marginally higher from yesterday’s close. The pair … Continue reading

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USD/JPY: Greenback trading flat after yesterday’s rise

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 77.08. The Japan Department Stores Association reported that the department store sales in Japan rose 0.8% (YoY) in December, compared to a 1.9% drop … Continue reading

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GBP/USD: British Pound advanced on higher risk appetite, trading flat this morning

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5490. In the Asian session, at GMT0400, the pair is trading at 1.5490, with the GBP trading steady from yesterday’s close. The pair is … Continue reading

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EUR/USD: EUR advanced on successful debt auctions, trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.86% against the USD and closed at 1.2969, as investor sentiment was lifted after the successful bond auction in Spain and France. France raised €9.463 billion by selling its medium and … Continue reading

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Trading signals for Thursday 19-01-2012

Forex, Commodities and Index signals for Thursday 19-01-2012 11:00 GMT Continue reading

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AUD and NZD fell after disappointing domestic data releases

Both the AUD and NZD fell after disappointing domestic data releases. Unusually, the euro carried on regardless and further consolidated its recent gains. The possibility of a deal between Greece and private sector bond holders appears to be growing, according to the Financial Times. Continue reading

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