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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: October 2, 2012
Trading signals for Tuesday 02-10-2012
Forex, Commodities and Index signals for Tuesday 02-10-2012 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Positive US manufacturing data pushed oil prices higher
Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 92.38, following positive US manufacturing data. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. In … Continue reading
Posted in Crude Oil
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Silver: Trading higher in the Asian session
Silver prices rose 1.32% to the USD 34.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.80, 0.17% higher from yesterday’s close. Silver is expected to find support at 34.19, … Continue reading
Posted in Silver
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Gold: Yellow metal rose as the greenback weakened
Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1776.13 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1778.13, 0.11% higher from yesterday’s close. … Continue reading
Posted in Gold
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AUD/USD: Aussie trading higher after a flat close yesterday
For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0354. In the US, the Federal Reserve Chairman, Ben Bernanke, stated that he is confident the US economy would continue to expand but added … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie continues its northward trend in the Asian session
For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 0.9820. In Canada, raw materials prices rose 3.4% (MoM) in August, following a 0.8% rise in July. Additionally the industrial product price index … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss retail sales rose 5.9% in August
For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9384. The Swiss Franc received support after Swiss retail sales rose 5.9% (YoY) in August, following a revised 2.9% rise in July. Meanwhile, … Continue reading
Posted in USD/CHF
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USD/JPY: Dollar continues its modest gains against Yen this morning
For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 78.07, after the Institute for Supply Management’s (ISM) factory index in the US rose to 51.5 in September, from 49.6 in August. In … Continue reading
Posted in USD/JPY
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GBP/USD: Trading steady this morning
For the 24 hours to 23:00 GMT, GBP rose 0.04% against the USD and closed at 1.6128. However, gains were capped after data showed that the manufacturing purchasing managers index (PMI) in the UK declined to 48.4 in September, from … Continue reading
Posted in GBP/USD
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EUR/USD: Euro extends gains in the Asian session
For the 24 hours to 23:00 GMT, EUR rose 0.60% against the USD and closed at 1.2885, after Euro-zone manufacturing data came in better-than-expected. In the Euro-zone, manufacturing purchasing managers’ index (PMI) rose to a six-month high of 46.1 in … Continue reading
Posted in EUR/USD
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