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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: June 6, 2012
Trading signals for Wednesday 06-06-2012
Forex, Commodities and Index signals for Wednesday 06-06-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Oil higher amid demand prospects; US Crude stockpiles decline
Oil prices advanced 0.06% against the USD for the 24 hour period ending 23:00GMT, closing at 84.20, on speculation that demand for oil might rise after the Institute for Supply Management (ISM) showed that the US service sector grew faster-than-expected … Continue reading
Posted in Crude Oil
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Silver: White metal continue to rise in the Asian session
Silver prices rose 0.83% to USD 28.52 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.82, 1.05% higher from yesterday’s close. Silver is expected to find support at 28.34, and … Continue reading
Posted in Silver
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Gold: Yellow metal marches northwards
Gold prices traded higher by 0.03% against the USD in the 24 hour period ending 23:00GMT, at 1618.59 per ounce. In the Asian session, at GMT0300, Gold is trading at 1626.39, 0.48% higher from yesterday’s close. Gold is expected to … Continue reading
Posted in Gold
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AUD/USD: Australian Dollar rises on firmer GDP growth data
For the 24 hours to 23:00 GMT, AUD strengthened 0.26% against the USD to close at 0.9757. Yesterday, Reserve Bank of Australia (RBA) slashed its key interest rate by 0.25% to 3.50%, in line with the market expectation. In the … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian Dollar rises on BoC outlook
For the 24 hours to 23:00 GMT, USD declined 0.12% against the CAD to close at 1.0380. The Canadian Dollar advanced after the Bank of Canada (BoC) kept its benchmark overnight rate target unchanged at 1.0%, and stated that it … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc gaining strength in the Asian session against the US Dollar
For the 24 hours to 23:00 GMT, USD rose 0.42% against the CHF and closed at 0.9645. In the Asian session, at GMT0300, the pair is trading at 0.9618, with the USD trading 0.28% lower from yesterday’s close. The pair … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback advanced as ISM data exceeds expectation
For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY and closed at 78.75, following stronger-than-expected US services data. The Institute for Supply Management (ISM) reported that its non-manufacturing index in the US rose to a reading … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound trading higher in the Asian session
For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5380. In the Asian session, at GMT0300, the pair is trading at 1.5415, with the GBP trading 0.23% higher from yesterday’s close. This morning, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher ahead of ECB rate decision
For the 24 hours to 23:00 GMT, EUR declined 0.42% against the USD and closed at 1.2452, on growing concerns that high borrowing cost in Spain are closing the door to the country’s access to credit and following weak economic … Continue reading
Posted in EUR/USD
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