Daily Archives: June 13, 2012

Trading signals for Wednesday 13-06-2012

Forex, Commodities and Index signals for Wednesday 13-06-2012 11:00 GMT Continue reading

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Crude Oil: Crude oil trading lower after yesterday’s rise

Oil prices advanced 2.20% against the USD for the 24 hour period ending 23:00GMT, closing at 83.33. The Organization of the Petroleum Exporting Countries (OPEC), in its monthly report, stated that slowing global economy could increase the supply and demand … Continue reading

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Silver: White metal losing steam in the Asian session

Silver prices rose 1.80% to USD 28.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.82, 0.44% lower from yesterday’s close. Silver is expected to find support at 28.46, and … Continue reading

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Gold: Gold trading lower this morning

Gold prices traded higher by 1.21% against the USD in the 24 hour period ending 23:00GMT, at 1610.82 per ounce, on a weaker greenback. In the Asian session, at GMT0300, Gold is trading at 1608.68, 0.13% lower from yesterday’s close. … Continue reading

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AUD/USD: Aussie trading above its MA

For the 24 hours to 23:00 GMT, AUD strengthened 1.05% against the USD to close at 0.9963. LME Copper prices declined 0.2% or $7383.8/MT to $7383.8/ MT. Aluminium prices declined 0.9% or $17.5/MT to $1925.8/ MT. In the Asian session, … Continue reading

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USD/CAD: Canadian Dollar trading lower in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CAD to close at 1.0254. In the Asian session, at GMT0300, the pair is trading at 1.0272, with the USD trading 0.18% higher from yesterday’s close. The pair … Continue reading

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USD/CHF: Swiss Franc rose after SECO lifts 2012 growth forecasts, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.30% against the CHF and closed at 0.9600. The Swiss Franc advanced after the nation’s State Secretariat for Economics (SECO) raised growth forecasts for the economy to 1.4% for 2012, faster … Continue reading

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USD/JPY: Yen slips after IMF indicates currency “Moderately Overvalued”‎

For the 24 hours to 23:00 GMT, USD strengthened 0.41% against the JPY and closed at 79.61. The Yen fell after the International Monetary Fund (IMF) stated that the Yen is “moderately overvalued” and there was a chance of further … Continue reading

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GBP/USD: Pound advanced after NIESR comments on the UK economy, trading lower this morning

For the 24 hours to 23:00 GMT, GBP rose 0.60% against the USD and closed at 1.5576, after the National Institute for Economic & Social Research (NIESR) stated that the UK economy has emerged from recession in May. The NIESR … Continue reading

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EUR/USD: Euro drifting lower this morning, German CPI & EU industrial production awaited

For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.2512. The USD declined, after Federal Reserve member, Charles Evans, stated that he would support more measures to stimulate the US economy. Initially, the … Continue reading

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