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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 21, 2012
Trading signals for Thursday 21-06-2012
Forex, Commodities and Index signals for Thursday 21-06-2012 11:00 GMT Continue reading
Posted in Trading Signals
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USD/JPY: Yen is drifting lower this morning against the greenback
For the 24 hours to 23:00 GMT, USD strengthened 0.53% against the JPY and closed at 79.47. In Japan, the all industry activity index climbed 0.1% (MoM) in April, compared to a 0.3% decline in previous month. Separately, convenience store … Continue reading
Posted in USD/JPY
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Crude Oil: Oil fell as Fed cut the US growth forecast and amid rise in the US crude inventories.
Oil prices declined 3.60% against the USD for the 24 hour period ending 23:00GMT, closing at 80.90, amid demand concern from the US, its biggest consumer, after Federal Reserve cut its estimates for 2012 growth. Oil prices also came under … Continue reading
Posted in Crude Oil
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Silver: Silver extends decline in the Asian session
Silver prices declined 1.42% to USD 28.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.91, 0.46% lower from yesterday’s close. Silver is expected to find support at 27.55, and … Continue reading
Posted in Silver
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Gold: Gold continues its downward movement
Gold prices traded lower by 0.88% against the USD in the 24 hour period ending 23:00GMT, at 1605.40 per ounce. In the Asian session, at GMT0300, Gold is trading at 1601.7, 0.23% lower from yesterday’s close. Gold is expected to … Continue reading
Posted in Gold
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AUD/USD: Aussie down this morning amid weak China PMI
For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0189. LME Copper prices rose 0.7% or $50.0/MT to $ 7555.3/ MT. Aluminium prices rose 0.1% or $1.0/MT to $1879.3/ MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie down after dovish tone from Federal Reserve & amid falling oil prices
For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 1.0194, as the Federal Reserve cut its estimate for US economic growth to 2.4% for 2012 down from earlier estimate of 2.9% growth. Moreover, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc down ahead of Swiss industrial production & trade balance data
For the 24 hours to 23:00 GMT, USD declined 0.03% against the CHF and closed at 0.9466. On the Swiss economic front, the ZEW survey expectations index declined to a reading of -43.4 in June, compared to a reading of … Continue reading
Posted in USD/CHF
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GBP/USD: Pound eases after BoE minutes, UK retail sales data awaited
For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.5712, after minutes of the Bank of England (BoE) June meeting showed that the four policymakers including BoE governor, Mervyn King, voted to increase … Continue reading
Posted in GBP/USD
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EUR/USD: Euro rose amid Greece optimism; trading lower ahead of PMI in Euro-zone
For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2689. The Euro rose following news that Greece created a coalition government headed by Antonis Samaras of the New Democracy party. The party formed … Continue reading
Posted in EUR/USD
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