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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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Monthly Archives: June 2012
Gold: Gold advanced this morning as Spain deal weighs on the greenback
On Friday, Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1594.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1596.43, 0.15% higher from Friday’s close, after the … Continue reading
Posted in Gold
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AUD/USD: Aussie continues to cement gains in the Asian session
For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.21% against the USD to close at 0.9927. LME Copper prices declined 3.1% or $229.0/MT to $7251.3/ MT. Aluminium prices declined 8.5% or $0.4/MT to $1938.3/ MT. Over the … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie rose amid job gains in Canada
For the 24 hours to 23:00 GMT on Friday, USD declined marginally against the CAD to close at 1.0272 The Loonie rose after the Canadian economy created a modest but better-than-expected 7,700 jobs in May, against the market expectation of … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher in the Asian session
For the 24 hours to 23:00 GMT on Friday, USD rose 0.49% against the CHF and closed at 0.9602. In the US, the Commerce Department reported that the country’s trade deficit narrowed 4.9% in April to $50.1 billion, compared with … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading lower this morning, Japan consumer confidence data awaited
For the 24 hours to 23:00 GMT on Friday, USD weakened 0.34% against the JPY and closed at 79.40. According to the Eco Watchers’ survey, current conditions index in Japan declined to a reading of 47.2 in May, while outlook … Continue reading
Posted in USD/JPY
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GBP/USD: Risk appetite supports the British Pound in the Asian session
For the 24 hours to 23:00 GMT on Friday, GBP fell 0.37% against the USD and closed at 1.5469. In the UK, the output producer price inflation eased to 2.8% (YoY) in May, from a revised rate of 3.2% in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher this morning as investors cheers Spain bank aid
For the 24 hours to 23:00 GMT on Friday, EUR declined 0.49% against the USD and closed at 1.2507, as dismal economic data from Germany and Italy added to Euro-zone recession concerns. The Euro took a hit, after Italian industrial … Continue reading
Posted in EUR/USD
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Trading signals for Friday 08-06-2012
Forex, Commodities and Index signals for Friday 08-06-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Oil plunges on fading US stimulus hopes
Oil prices declined 2.00% against the USD for the 24 hour period ending 23:00GMT, closing at 83.79, amid uncertainty about the fragile economic recovery in US after Federal Reserve Chairman, Ben Bernanke, gave no hint about more stimulus measures. In … Continue reading
Posted in Crude Oil
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Silver: Silver continues its bearish trend
Silver prices declined 2.92% to USD 28.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.27, 1.31% lower from yesterday’s close. Silver is expected to find support at 27.66, and … Continue reading
Posted in Silver
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Gold: Gold down on Bernanke’s comments
Gold prices traded lower by 1.95% against the USD in the 24 hour period ending 23:00GMT, at 1590.89 per ounce, after the US Federal Reserve Chairman, Ben Bernanke refrained from signaling imminent measures that the central bank might take to … Continue reading
Posted in Gold
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