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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 7, 2012
Trading signals for Thursday 07-06-2012
Forex, Commodities and Index signals for Thursday 07-06-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Gold: Gold rose on broad dollar weakness, trading lower this morning
Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1622.47 per ounce, as the greenback weakened on speculation of monetary easing by Federal Reserve. In the Asian session, at GMT0300, Gold is … Continue reading
Posted in Gold
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AUD/USD: Aussie spiked on upbeat employment data in Australia
For the 24 hours to 23:00 GMT, AUD strengthened 1.58% against the USD to close at 0.9911. LME Copper prices rose 1.3% or $95.3/MT to $7459.3/ MT. Aluminium prices rose 0.4% or $8.3/MT to $1944.8/ MT. In the Asian session, … Continue reading
Posted in AUD/USD
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Silver: White metal backpedals in the Asian session
Silver prices rose 3.44% to USD 29.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 29.26, 0.82% lower from yesterday’s close. Silver is expected to find support at 28.72, and … Continue reading
Posted in Silver
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USD/CAD: Loonie trading higher this morning; Investors awaits Ivey PMI data in Canada
For the 24 hours to 23:00 GMT, USD declined 0.95% against the CAD to close at 1.0281, amid speculation of more monetary stimulus from the US central bank. In the Asian session, at GMT0300, the pair is trading at … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss KOF lifts nation’s 2012 growth outlook
For the 24 hours to 23:00 GMT, USD declined 0.94% against the CHF and closed at 0.9555. The Swiss Franc advanced after a survey of KOF economic experts indicated that the Swiss economy is likely to grow 1.0% in 2012, … Continue reading
Posted in USD/CHF
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Crude Oil: Oil rose after US crude supply drop, witnessing flat trading this morning
Oil prices advanced 1.54% against the USD for the 24 hour period ending 23:00GMT, closing at 85.50. The Energy Information Administration, in its weekly report, stated that crude oil inventories decreased by 100,000 barrels to 384.6 million barrels for the … Continue reading
Posted in Crude Oil
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USD/JPY: Yen trading flat ahead of GDP data in Japan
For the 24 hours to 23:00 GMT, USD strengthened 0.78% against the JPY and closed at 79.36. In the US, Federal Reserve in its Beige book economic survey stated that the US economy grew moderately in most regions of the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading steady ahead of BoE interest rate decision
For the 24 hours to 23:00 GMT, GBP rose 0.68% against the USD and closed at 1.5484. In the UK, construction purchasing manager index fell to 54.4 in May compared to a reading of 55.8 in April. In the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro rose on ECB support promise, tad lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.94% against the USD and closed at 1.2570, after European Central Bank (ECB) President, Mario Draghi stated the ECB stands ready to act if the economy slips lower. Yesterday, ECB kept … Continue reading
Posted in EUR/USD
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