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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 14, 2012
Trading signals for Wednesday 14-03-2012
Forex, Commodities and Index signals for Wednesday 14-03-2012 11:00 GMT Continue reading
Posted in Trading Signals
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The US dollar advances
The US yield curve was prodded into life by last night’s FOMC policy statement. US 2y yields climbed above 35 bp overnight and the 10y has finally hit 2.15%. This kept the yen in particular on the defensive, and the dollar also advanced more generally. Continue reading
Posted in Market Snapshot
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EUR/USD: Euro extends its losses in the Asian session
For the 24 hours to 23:00 GMT, EUR declined 0.58% against the USD and closed at 1.3079, after European Central Bank council member, Jens Weidmann stated that policy makers might withdraw some of the emergency cash injected into the region’s … Continue reading
Posted in EUR/USD
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GBP/USD: British Pound rose on encouraging economic data from the UK, trading lower this morning
For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.5704, on series of positive data from the UK. In the UK, on a seasonally adjusted basis, the visible trade deficit in the UK … Continue reading
Posted in GBP/USD
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Crude Oil: Oil traded higher on the positive US retail sales data, trading flat this morning
Oil prices advanced 0.23% against the USD for the 24 hour period ending 23:00GMT, closing at 106.81, amid signs that the US economy is strengthening after data showed the nation’s retail sales rose the most in five months in February. … Continue reading
Posted in Crude Oil
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Silver: White metal continues to lose shine in the Asian session
Silver prices declined 0.67% to USD 33.43per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.32, 0.33% lower from yesterday’s close. Silver is expected to find support at 32.95, and a … Continue reading
Posted in Silver
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Gold: Gold traded lower on Fed Statement, trading higher this morning
Gold prices traded lower by 1.35% against the USD in the 24 hour period ending 23:00GMT, at 1676.95per ounce, as the dollar strengthened after the Federal Reserve vowed to keep interest rates low until 2014. In the Asian session, at … Continue reading
Posted in Gold
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AUD/USD: Aussie lower this morning on weak consumer confidence, housing starts data
For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 1.0547. In the Asian session, at GMT0400, the pair is trading at 1.0544, with the AUD trading 0.02% lower from yesterday’s close. This morning, … Continue reading
Posted in AUD/USD
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USD/CAD: Accelerating US economic growth supported the Canadian Dollar
For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9886. The Canadian Dollar advanced as accelerating growth in the US raised optimism about the global economic recovery, boosting demand for riskier assets. Rising … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc lower on broad dollar strength
For the 24 hours to 23:00 GMT, USD rose 0.79% against the CHF and closed at 0.9236, as the Federal Reserve policy makers raised their assessment of the economy as the labor market gathered strength and refrained from additional … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback higher on Fed Economic Outlook
For the 24 hours to 23:00 GMT, USD strengthened 0.73% against the JPY and closed at 82.92, after the US Federal Reserve stated that unemployment was improving, while strong US retail sales data further supported the dollar. Moreover, the Federal … Continue reading
Posted in USD/JPY
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