Daily Archives: August 13, 2012

Trading signals for Monday 13-08-2012

Forex, Commodities and Index signals for Monday 13-08-2012 11:00 GMT Continue reading

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Crude Oil: Trading higher as Israel-Iran tensions grew

On Friday, Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 93.36. The International Energy Agency (IEA), in its monthly Oil Market Report nudged down its 2013 oil demand growth forecast by 0.40 … Continue reading

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Silver: Trading higher

On Friday, Silver prices declined 0.06% to USD 28.13 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.20, 0.24% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Yellow metal continues its shine in the Asian session

On Friday Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1620.30 per ounce. In the Asian session, at GMT0300, Gold is trading at 1624.5, 0.26% higher from Friday’s close. Gold is … Continue reading

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AUD/USD: Aussie rose as RBA raised Australian 2012 GDP growth forecast, trading lower this morning

For the 24 hours to 23:00 GMT on Friday, AUD strengthened marginally against the USD to close at 1.0576, after Reserve Bank of Australia (RBA), in its monetary policy statement, raised Australian gross domestic product forecast for 2012. However gains … Continue reading

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USD/CAD: Canadian economy lost more jobs in July; pair trading flat this morning

For the 24 hours to 23:00 GMT on Friday, USD declined 0.06% against the CAD to close at 0.9910. In Canada, official data indicated that the economy lost 30,400 jobs in July, disappointing expectations for a 9,600 rise and following … Continue reading

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USD/CHF: Trading between its MA’s

For the 24 hours to 23:00 GMT on Friday, USD rose 0.05% against the CHF and closed at 0.9770. In the Asian session, at GMT0300, the pair is trading at 0.9768, with the USD trading marginally lower from Friday’s close. … Continue reading

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USD/JPY: Yen slips on soft Japanese growth data

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.42% against the JPY and closed at 78.28 The Yen rose after industrial output in Japan rose 0.4% (MoM) in June, against the market expectation of 0.1% drop. However, … Continue reading

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GBP/USD: Sterling pairing Friday’s gain this morning

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.33% against the USD and closed at 1.5683. In the UK economic news, output price inflation eased to 1.7% (YoY) in July, from 2.0% in June. Additionally, input prices … Continue reading

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EUR/USD: Euro down on global growth concern, trading flat this morning

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.07% against the USD and closed at 1.2292, as risk sentiment weakened amid worries over the outlook for global economic growth and uncertainty over the possibility for fresh action … Continue reading

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