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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: April 26, 2012
Trading signals for Thursday 26-04-2012
Forex, Commodities and Index signals for Thursday 26-04-2012 11:00 GMT Continue reading
Posted in Trading Signals
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RBNZ kept its policy rate unchange
The RBNZ kept its policy rate unchanged at 2.5%, but implicitly raised the prospect of a future interest rate cut. The short overnight policy statement warned that continued strength of the New Zealand dollar may force the bank “to reassess the outlook for monetary policy”. Continue reading
Posted in Market Snapshot
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Crude Oil: Oil surges on brighter demand prospects
Oil prices advanced 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 103.97, after the Federal Open Market Committee stated that it expects US economic growth to remain moderate over the coming quarters and then … Continue reading
Posted in Crude Oil
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Silver: Silver continues its southward journey
Silver prices declined 0.32% to USD30.73 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.71, 0.04% lower from yesterday’s close. Silver is expected to find support at 30.12, and … Continue reading
Posted in Silver
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Gold: Yellow metal rises on Fed Chairman comments
Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1643.80 per ounce, as greenback weakened following comments from Federal Reserve Chairman, Ben Bernanke that the US central bank cannot rule out … Continue reading
Posted in Gold
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AUD/USD: Aussie rises as investors flee greenback
For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 1.0357. Yesterday, the US Federal Reserve’s monetary policy body, the Federal Open Market Committee, left interest rates unchanged and made no mention of … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie up on US earnings, better sentiment in Europe
For the 24 hours to 23:00 GMT, USD declined 0.41% against the CAD to close at 0.9831, after US Federal Reserve Chairman, Ben Bernanke stated at a news conference that the central bank is “willing and able” to take … Continue reading
Posted in USD/CAD
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USD/CHF: Pair trading below its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.22% against the CHF and closed at 0.9085. In the Asian session, at GMT0300, the pair is trading at 0.9084, with the USD trading 0.02% lower from yesterday’s close. The … Continue reading
Posted in USD/CHF
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USD/JPY: Yen continue to trade higher this morning
For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 81.31. On the economic front, small business sentiment in Japan came in at 47.6 in April, down from 48.7 a month ago. Additionally, … Continue reading
Posted in USD/JPY
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GBP/USD: Pound fell as UK economy re-enters recession, recoups losses quickly on Ben Bernanke comments
For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6170. The greenback declined against most of the major currencies, after the US Federal Reserve Chairman, Ben Bernanke assured that monetary easing measures … Continue reading
Posted in GBP/USD
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EUR/USD: Euro rose following ECB President’s comments
For the 24 hours to 23:00 GMT, EUR rose 0.21% against the USD and closed at 1.3225, after European Central Bank (ECB) President Mario Draghi stated that ECB expects banks to use its liquidity injection of €520 billion to … Continue reading
Posted in EUR/USD
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