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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: February 2012
Crude Oil: Oil trading higher this morning on supply concern from Iran, China easing
On Friday, Oil prices advanced 1.21% against the USD for the 24 hour period ending 23:00GMT, closing at 103.53, supported by lingering geopolitical concerns and rising optimism over the resolution of the Greek debt. On Friday, in its monthly report, … Continue reading
Posted in Crude Oil
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AUD/USD: AUD trading higher on China’s easing measure
On Friday, for the 24 hours to 23:00 GMT, AUD weakened 0.35% against the USD to close at 1.0714. In the Asian session, at GMT0400, the pair is trading at 1.0781, with the AUD trading 0.62% higher from Friday’s close, … Continue reading
Posted in AUD/USD
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USD/CAD: Canada January inflation up; Pair trading lower this morning
On Friday, for the 24 hours to 23:00 GMT, USD declined 0.07% against the CAD to close at 0.9959. Data released in Canada showed that the CPI climbed rose 2.5% (YoY) in January, following a 2.3% rise in December. Additionally, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher in the Asian session
For the 24 hours to 23:00 GMT, USD declined marginally against the CHF on Friday and closed at 0.9190. There were no major economic releases in Switzerland on Friday. Meanwhile, in the US, the Consumer Price Index rose 0.2% (MoM) … Continue reading
Posted in USD/CHF
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USD/JPY: Yen down as Japan trade deficit widens to a record
For the 24 hours to 23:00 GMT, USD strengthened 0.85% against the JPY on Friday and closed at 79.54. The Japanese Yen came under pressure after Bank of Japan Governor, Masaaki Shirakawa stated that the central bank would keep monetary … Continue reading
Posted in USD/JPY
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GBP/USD: Pound rose on strong UK retail sales data
For the 24 hours to 23:00 GMT on Friday, GBP rose 0.23% against the USD and closed at 1.5838, after retail sales in the UK unexpectedly rose 0.9% (MoM) in January, at the fastest pace since April 2011, and from … Continue reading
Posted in GBP/USD
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EUR/USD: Euro higher on China Easing, Greece Prospect
For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD on Friday and closed at 1.3147, on optimism that Greece’s European partners would agree to a deal on a second bailout. On the economic front, on a … Continue reading
Posted in EUR/USD
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Trading signals for Friday 17-02-2012
Forex, Commodities and Index signals for Friday 17-02-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Trading above $102 per barrel
Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at102.29, on concern that the dispute with Iran over its nuclear program may lead to a disruption in oil exports from the Persian Gulf region. … Continue reading
Posted in Crude Oil
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Silver: White metal continues its rising trend
Silver prices rose 0.05% to USD 33.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.50, 0.13% higher from yesterday’s close. Silver is expected to find support at 32.90, and … Continue reading
Posted in Silver
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Gold: Demand for yellow metal to see positive growth in 2012: World Gold Council
Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1728.19 per ounce, after World Gold Council stated that demand for gold would see positive growth in 2012. In the Asian session, at GMT0400, … Continue reading
Posted in Gold
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