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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: February 9, 2012
Trading signals for Thursday 09-02-2012
Forex, Commodities and Index signals for Thursday 09-02-2012 11:00 GMT Continue reading
Posted in Trading Signals
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The Greek negotiations moving into the final stages
The Greek negotiations appear to be moving into the final stages as Eurogroup chairman Jean-Claude Juncker announced that a press conference is scheduled for 18.00CET on Thursday, after the Eurogroup meets. The Greek Finance Minister is due to travel to Brussels today to agree on terms, but he admitted that there are still outstanding issues ahead of today’s discussions. Continue reading
Posted in Market Snapshot
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Crude Oil: Crude oil loses steam in the Asian session
Oil prices advanced 0.10% against the USD for the 24 hour period ending 23:00GMT, closing at 98.85. Yesterday, the Energy Information Administration reported that in the week ended February 3, crude oil inventories climbed 300,000 barrels. Gasoline stocks rose 1.60 … Continue reading
Posted in Crude Oil
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Silver: Trading between its MA’s
Silver prices declined 0.53% to USD 33.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.95, flat from yesterday’s close. Silver is expected to find support at 33.57, and a … Continue reading
Posted in Silver
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Gold: Yellow metal steady on China inflation
Gold prices traded lower by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1731.81 per ounce, as improved risk sentiment across the globe weighed on the safe-haven demand for the yellow metal, prompting investors to book … Continue reading
Posted in Gold
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AUD/USD: Aussie erases losses this morning
For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0774. In the Asian session, at GMT0400, the pair is trading at 1.0777, with the AUD trading marginally higher from yesterday’s close, after the … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian dollar cementing gains this morning
For the 24 hours to 23:00 GMT, USD rose 0.23% against the CAD to close at 0.9970. Canadian dollar fell after the Canada Mortgage and Housing Corporation (CMHC) indicated that, on a seasonally adjusted basis, housing starts in Canada declined … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc fell as unemployment rate rises to 10-month high, trading higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.35% against the CHF and closed at 0.9148. Swiss Franc edged down after reports showed that the Swiss unemployment climbed to its highest level in 10 months in January. On an … Continue reading
Posted in USD/CHF
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USD/JPY: Yen fell on weak economic data from Japan
For the 24 hours to 23:00 GMT, USD strengthened 0.36% against the JPY and closed at 77.06. Yen declined after the Japanese Economic Watchers’ survey results showed that the Current Conditions Index declined to 44.1 in January, compared to 47.0 … Continue reading
Posted in USD/JPY
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GBP/USD: Trading higher, a series of UK economic data awaited today
For the 24 hours to 23:00 GMT, GBP fell 0.66% against the USD and closed at 1.5797. In the Asian session, at GMT0400, the pair is trading at 1.5809, with the GBP trading 0.08% higher from yesterday’s close. The pair … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher as Greek debt talks progress; ECB rate decision awaited
For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3224, after the release of disappointing economic data in the Euro-zone. In economic news, German trade surplus narrowed to €12.9 billion in December, compared … Continue reading
Posted in EUR/USD
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