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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: September 5, 2012
Trading signals for Wednesday 05-09-2012
Forex, Commodities and Index signals for Wednesday 05-09-2012 11:00 GMT Continue reading
Posted in Trading Signals
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GBP/USD: Pound fell after the UK construction activity contracted in August
For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.5869, after the construction purchasing managers index (PMI) in the UK, on a seasonally adjusted basis, fell to a reading of 49.0 in August, … Continue reading
Posted in GBP/USD
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Crude Oil: Lower ahead of US crude oil inventories report
Oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 95.51, amid demand concern following weak manufacturing and construction data from the US. Investors await the oil inventory reports later today and tomorrow to … Continue reading
Posted in Crude Oil
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Silver: Trading lower in the Asian session
Silver prices rose 0.78% to USD 32.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.18, 0.38% lower from yesterday’s close. Silver is expected to find support at 31.94, and … Continue reading
Posted in Silver
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Gold: Yellow metal losing shine this morning
Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1695.40 per ounce, on growing speculation that the US Federal Reserve might launch bond buying programme later this month. In the Asian session, … Continue reading
Posted in Gold
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AUD/USD: Australian economy grew 0.6% (QoQ) in Q2
For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0213. Yesterday, the Reserve Bank of Australia kept its key interest rate unchanged at 3.50%, in line with market expectations. LME Copper prices declined … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie higher ahead of BoC interest rate decision
For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 0.9866. In the US, the Institute for Supply Management (ISM) index of national factory activity fell to 49.6 in August, making it the third … Continue reading
Posted in USD/CAD
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USD/CHF: Pair trading higher this morning; Swiss CPI data awaited
For the 24 hours to 23:00 GMT, USD rose 0.21% against the CHF and closed at 0.9564. The Swiss Franc fell after data showed that Swiss gross domestic product (GDP) on a seasonally adjusted basis, declined 0.1% (QoQ) in Q2 … Continue reading
Posted in USD/CHF
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USD/JPY: Pair trading flat in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 0.17% against the JPY and closed at 78.44. In the US, Markit Economics reported that manufacturing purchasing managers index rose to 51.5 in August, higher than the 51.4 reading in July. … Continue reading
Posted in USD/JPY
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EUR/USD: Euro continues its downward journey ahead of Euro-zone retail sales data
For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.2559, as investors remained cautious ahead of European Central Bank (ECB) meeting on Thursday to decide whether or not to buy sovereign bonds issued … Continue reading
Posted in EUR/USD
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