Monthly Archives: September 2012

USD/CAD: Canada Dollar slips in line with declining oil prices

For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 0.9749. In the US, the National Association of Realtors reported that the existing home sales rose 7.8% (MoM) in August, highest pace since … Continue reading

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USD/CHF: Pair trading higher in the Asian session

For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9273. In Switzerland, ZEW economic expectations index fell to a reading of -34.9 in September, from -33.3 in the preceding month. In the … Continue reading

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EUR/USD: Euro trading lower ahead of Euro-zone PMI data

For the 24 hours to 23:00 GMT, EUR rose 0.05% against the USD and closed at 1.3050. Yesterday, the Greek officials stated that the Troika of international inspectors has accepted Greek measures “worth €8.5 to 9.5 billion” out of a … Continue reading

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USD/JPY: Japan’s exports fall, trade deficit widens

For the 24 hours to 23:00 GMT, the USD weakened 0.53% against the JPY and closed at 78.39. Yesterday, the Bank of Japan (BoJ) Governor, Masaaki Shirakawa, stated that Japan’s economic recovery might be delayed by six months due to … Continue reading

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Trading signals for Wednesday 19-09-2012

Forex, Commodities and Index signals for Wednesday 19-09-2012 11:00 GMT Continue reading

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USD/JPY: Bank of Japan eases monetary policy in surprise move

For the 24 hours to 23:00 GMT, the USD strengthened 0.10% against the JPY and closed at 78.81. In the Asian session, at GMT0300, the pair is trading at 78.62, with the USD trading 0.24% lower from yesterday’s close. The … Continue reading

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Crude Oil: Oil prices fell as API reported rise in the US crude oil inventories, trading flat this morning

Crude Oil prices declined 1.39% against the USD for the 24 hour period ending 23:00GMT, closing at 95.58, amid rise in the US crude oil inventories. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories … Continue reading

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Silver: Trading lower in the Asian session

Silver prices rose 1.46% to the USD 34.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.55, 0.73% lower from yesterday’s close. Silver is expected to find support at 34.02, … Continue reading

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Gold: Yellow metal losing shine in the Asian session

Gold prices traded higher by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1771.65 per ounce. In the Asian session, at GMT0300, Gold is trading at 1766.90, 0.27% lower from yesterday’s close. Gold is expected to … Continue reading

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AUD/USD: Aussie continues its downfall in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 0.32% against the USD to close at 1.0441, after the Reserve Bank of Australia (RBA) hinted that it could cut rates if there was a “significant deterioration” in its outlook for … Continue reading

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USD/CAD: US current account deficit narrowed in April-June quarter

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9750. In the US, the current account trade deficit narrowed to $117.4 billion in the April-June quarter down from a deficit of $133.6 … Continue reading

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