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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: September 2012
USD/JPY: Greenback trading higher this morning
For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 78.31. In the Asian session, at GMT0300, the pair is trading at 78.37, with the USD trading 0.08% higher from yesterday’s close. This morning, … Continue reading
Posted in USD/JPY
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GBP/USD: Improved UK manufacturing data pushed Sterling higher
For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.5880, following better-than-expected UK manufacturing data. In the UK, Markit manufacturing purchasing managers’ index rose to a reading of 49.5 in August, moving much … Continue reading
Posted in GBP/USD
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EUR/USD: Euro continues its northward journey amid ECB bond purchase optimism
For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.2583, amid growing expectations that the European Central Bank (ECB) is working on measures to help stabilize the Euro-zone’s sovereign debt markets ahead of … Continue reading
Posted in EUR/USD
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Trading signals for Monday 03-09-2012
Forex, Commodities and Index signals for Monday 03-09-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Oil trading lower after China data
On Friday, Oil prices advanced 1.80% against the USD for the 24 hour period ending 23:00GMT, closing at 96.38. In Iraq, oil ministry officials stated that nation’s oil exports reached their highest level in more than three decades in July … Continue reading
Posted in Crude Oil
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Silver: Continues its rally this morning
On Friday, Silver prices rose 3.99% to USD 31.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.80, 0.37% higher from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Yellow metal rallied as the greenback weakened
On Friday, Gold prices traded higher by 2.15% against the USD in the 24 hour period ending 23:00GMT, at 1691.46 per ounce, as the greenback weakened after the Federal Reserve Chairman, Ben Bernanke, stated that the US economy is ‘far … Continue reading
Posted in Gold
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AUD/USD: Australian Dollar came under pressure after Australian retail sales fell unexpectedly in July
For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.33% against the USD to close at 1.0328, after the US Federal Reserve Chairman, Ben Bernanke said in a speech that the US central bank would consider rolling out … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian GDP grew 1.8% in Q2
For the 24 hours to 23:00 GMT on Friday, USD declined 0.66% against the CAD to close at 0.9858. In Canada, annualized gross domestic product rose 1.8% (QoQ) in the second quarter of 2012 against the market expectation for a … Continue reading
Posted in USD/CAD
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USD/CHF: Pair marginally higher ahead of PMI and retail sales data in Switzerland
For the 24 hours to 23:00 GMT on Friday, USD declined 0.58% against the CHF and closed at 0.9544. In the US, the Thomson Reuters/University of Michigan final sentiment index climbed to a reading of 74.3, a three-month high. Additionally, … Continue reading
Posted in USD/CHF
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USD/JPY: Trading below its MA’s
For the 24 hours to 23:00 GMT on Friday, USD weakened 0.37% against the JPY and closed at 78.28, after the Federal Reserve Chairman, Ben Bernanke, left the door open to a further monetary easing. In the Asian session, at … Continue reading
Posted in USD/JPY
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