Daily Archives: June 14, 2012

Trading signals for Thursday 14-06-2012

Forex, Commodities and Index signals for Thursday 14-06-2012 11:00 GMT Continue reading

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Crude Oil: Oil erases losses in the Asian session

Oil prices declined 0.95% against the USD for the 24 hour period ending 23:00GMT, closing at 82.54. Yesterday, the International Energy Agency (IEA) forecasted growth in 2012 oil demand to remain flat at 0.8 million barrels per day. Separately, the … Continue reading

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Silver: Silver trading between its MA’s

Silver prices declined 0.27% to USD 28.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.93, 0.22% higher from yesterday’s close. Silver is expected to find support at 28.75, and … Continue reading

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Gold: Gold gained on hopes for more easing, slips in the Asian session

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1618.55 per ounce, as the weak US retail sales data fueled already growing expectations that the Federal Reserve is planning to stimulate the … Continue reading

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AUD/USD: Aussie rises after yesterday’s decline

For the 24 hours to 23:00 GMT, AUD weakened 0.21% against the USD to close at 0.9942. LME Copper prices rose 0.2% or $13.5/MT to $7397.3/ MT. Aluminium prices declined 0.1% or $2.0/MT to $1923.8/ MT.In the Asian session, at … Continue reading

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USD/CAD: Canadian Dollar cementing gains in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0289. In the Asian session, at GMT0300, the pair is trading at 1.0275, with the USD trading 0.13% lower from yesterday’s close. The pair … Continue reading

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USD/CHF: Swissy trading steady ahead of SNB rate decision

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CHF and closed at 0.9559. On the Swiss economic front, producer and import price index eased 0.2% (MoM) in May, after dropping 0.1% in April. In the Asian … Continue reading

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USD/JPY: Greenback continues its downfall against Japanese Yen

For the 24 hours to 23:00 GMT, USD weakened 0.22% against the JPY and closed at 79.44, after the release of weak US economic data. In the US, retail sales slipped for the second consecutive month in May. Separately, the … Continue reading

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GBP/USD: Sterling gaining strength in the Asian session

For the 24 hours to 23:00 GMT, GBP fell 0.41% against the USD and closed at 1.5513. In the Asian session, at GMT0300, the pair is trading at 1.5523, with the GBP trading 0.07% higher from yesterday’s close. The pair … Continue reading

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EUR/USD: Euro trading steady this morning

For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.2565. The US Dollar fell after the nations’ retail sales hit their worst level in two years in May, fueling speculation that the Federal … Continue reading

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