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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: March 12, 2012
Trading signals for Monday 12-03-2012
Forex, Commodities and Index signals for Monday 12-03-2012 11:00 GMT Continue reading
Posted in Trading Signals
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EURUSD firmly back on the 1.30
The dollar-positive afterglow from Friday’s strong US payrolls report lasted into the Asia session on Monday. EURUSD is now firmly back on the 1.30 handle, and both AUD and NZD are struggling. Continue reading
Posted in Market Snapshot
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GBP/USD: Sterling extends its losses in the Asian session
For the 24 hours to 23:00 GMT on Friday, GBP fell 0.94% against the USD and closed at 1.5679, following the release of better-than-expected US employment data while weak data on UK industrial production weighed on Sterling. On the economic … Continue reading
Posted in GBP/USD
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Crude Oil: Oil rose on demand prospects, trading lower this morning
Oil prices advanced 0.62% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 107.51, on the speculation that demand for crude oil would increase after more-than-expected rise in the US payroll data for February and … Continue reading
Posted in Crude Oil
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Silver: Drifting lower this morning after Friday’s surge
On Friday, Silver prices rose 0.95% to USD 34.21per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.04, 0.48% lower from Friday’s close. Silver is expected to find support at 33.31, … Continue reading
Posted in Silver
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Gold: Yellow metal is trading lower in the Asian session
Gold prices traded higher 0.75% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1713.84 per ounce. In the Asian session, at GMT0400, Gold is trading at 1707.88, 0.35% lower from Friday’s close. Gold is expected … Continue reading
Posted in Gold
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AUD/USD: Aussie is trading lower on China’s trade deficit
For the 24 hours to 23:00 GMT, AUD weakened 0.70% against the USD on Friday to close at 1.0571. On Saturday, China recorded a trade deficit $31.5 billion in February, compared to a surplus of $27.3 billion in January. In … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading above its MA’s
For the 24 hours to 23:00 GMT on Friday, USD rose 0.06% against the CAD to close at 0.9909. On the economic front, in Canada, trade balance contracted to $2.10 billion in January, from $2.86 billion in December. Separately, the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc continues to loses steam in the Asian session
For the 24 hours to 23:00 GMT on Friday, USD rose 1.22% against the CHF and closed at 0.9194. In the Asian session, at GMT0400, the pair is trading at 0.9208, with the USD trading 0.16% higher from Friday’s close. … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading higher after Japan core machine orders rebound in January
For the 24 hours to 23:00 GMT, USD strengthened 1.06% against the JPY on Friday, and closed at 82.42, after stronger-than-forecasted US employment data dampened expectations for a fresh round of monetary easing by the Federal Reserve. The US economy … Continue reading
Posted in USD/JPY
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EUR/USD: Euro down as ISDA classifies Greek swap deal a ‘credit event’; ratings downgraded
For the 24 hours to 23:00 GMT on Friday, EUR declined 1.20% against the USD and closed at 1.3116, after the International Swaps and Derivatives Association (ISDA) stated that Greece’s recent debt restructuring with private creditors constituted a “credit event”. … Continue reading
Posted in EUR/USD
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