Daily Archives: June 18, 2012

Trading signals for Monday 18-06-2012

Forex, Commodities and Index signals for Monday 18-06-2012 11:00 GMT Continue reading

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Crude Oil: Oil jumped this morning after Greek election result‎

On Friday, Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 83.99. In the Asian session, at GMT0300, Crude Oil is trading at 84.85, 1.02% higher from Friday’s close, after Greece’s pro-austerity parties … Continue reading

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Silver: Silver gaining strength in the Asian session

On Friday, Silver prices declined marginally to USD28.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.66, 0.09% higher from Friday’s close. Silver is expected to find support at 28.34, … Continue reading

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Gold: Yellow metal rose on speculation of monetary stimulus, trading lower this morning

On Friday Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1624.97 per ounce, as weak economic data from the US raised expectation of monetary stimulus by Federal Reserve. In the Asian … Continue reading

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AUD/USD: Aussie rose on increased risk appetite

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.69% against the USD to close at 1.0087. LME Copper prices rose 2.0% or $144.3/MT to $7520.5/ MT. Aluminium prices declined 0.5% or $10.0/MT to $1914.3/ MT. In the … Continue reading

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USD/CAD: Loonie trading higher this morning on Greece results

For the 24 hours to 23:00 GMT on Friday, USD declined 0.12% against the CAD to close at 1.0220. In Canada, manufacturing shipments fell unexpectedly by 0.8% (MoM) in April , compared to the market expectation of a 0.2% rise. … Continue reading

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USD/CHF: Swiss Franc extended its gains this morning

For the 24 hours to 23:00 GMT on Friday, USD declined 0.23% against the CHF and closed at 0.9489. In the Asian session, at GMT0300, the pair is trading at 0.9464, with the USD trading 0.26% lower from Friday’s close. … Continue reading

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USD/JPY: Yen trading lower ahead of BoJ monthly economic report

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.96% against the JPY and closed at 78.67. The Yen rose after Bank of Japan left its benchmark interest rate unchanged and did not announce any fresh monetary stimulus. … Continue reading

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GBP/USD: Sterling continues to trade higher in the Asian session

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.97% against the USD and closed at 1.5698. In the UK, the visible trade deficit widened to £10.1 billion in April, compared to a deficit of £8.7 billion in … Continue reading

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EUR/USD: Euro trading higher as Pro-bailout party leads in Greece election

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.24% against the USD and closed at 1.2658. The US Dollar fell after weak consumer sentiment and industrial production data in the US, raised speculation of stimulus measures by … Continue reading

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