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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: August 16, 2012
Trading signals for Thursday 16-08-2012
Forex, Commodities and Index signals for Thursday 16-08-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Oil prices up on supply concerns and EIA stock drawdown
Oil prices advanced 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 94.37, amid larger-than-expected drop in the US crude supplies and amid supply concerns from the Middle East. Yesterday, the Energy Information Administration (EIA) reported … Continue reading
Posted in Crude Oil
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Silver: Silver cementing gains in the early Asian session
Silver prices rose marginally to USD 27.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.89, 0.24% higher from yesterday’s close. Silver is expected to find support at 27.62, and … Continue reading
Posted in Silver
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Gold: Yellow metal hovering just above $1600/Oz
Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1604.20 per ounce. In the Asian session, at GMT0300, Gold is trading at 1604.6, marginally higher from yesterday’s close. Gold is expected to … Continue reading
Posted in Gold
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AUD/USD: AUD marginally lower in the Asian session
For the 24 hours to 23:00 GMT, AUD strengthened 0.06% against the USD to close at 1.0495. Yesterday, the Moody’s ratings agency stated that it might eventually downgrade the credit ratings of some Australian states, because they lack the “political … Continue reading
Posted in AUD/USD
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USD/CAD: Trading below its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 0.9895. The Canadian Finance Minister, Jim Flaherty, stated that the global economy is still stubbornly fragile and economic headwinds elsewhere could throw Canada off … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc marginally higher this morning
For the 24 hours to 23:00 GMT, USD rose 0.30% against the CHF and closed at 0.9777. In the Asian session, at GMT0300, the pair is trading at 0.9774, with the USD trading marginally lower from yesterday’s close. The pair … Continue reading
Posted in USD/CHF
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USD/JPY: Yen continues its southward journey this morning
For the 24 hours to 23:00 GMT, USD strengthened 0.29% against the JPY and closed at 79.01. In the Asian session, at GMT0300, the pair is trading at 79.14, with the USD trading 0.16% higher from yesterday’s close. The pair … Continue reading
Posted in USD/JPY
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GBP/USD: UK unemployment rate fell to 8.0% in the Q2 FY2012: ILO
For the 24 hours to 23:00 GMT, GBP traded marginally higher against the USD and closed at 1.5677, following positive employment data from the UK. In the UK, the ILO unemployment rate fell to 8.0% in the Q2 FY2012, compared … Continue reading
Posted in GBP/USD
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EUR/USD: Dollar rose as investor digested mixed data from the US, tad lower this morning
For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.2284. With no major releases from the Euro-zone yesterday, market participants focused on the economic data from the US for the direction, the results … Continue reading
Posted in EUR/USD
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