Monthly Archives: October 2012

GBP/USD: UK house prices improves in September: RICS

  For the 24 hours to 23:00 GMT, GBP fell 0.66% against the USD and closed at 1.6030, as concerns over the handling of the Euro-zone’s sovereign debt crisis weighed on demand for riskier currencies. Meanwhile, the UK Chancellor of … Continue reading

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EUR/USD: Euro fell on sustained Euro-zone worries, trading higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.2973, as the International Monetary Fund lowered its growth forecast for the currency bloc and as the European leaders continue to struggle to … Continue reading

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Crude Oil: Oil rises on Syria-Turkey tensions

Crude Oil prices advanced 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 89.93, as rising supply concerns due to escalating tensions in the Middle East added to sluggish outlook for global oil demand. Turkish President, … Continue reading

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Silver: Trading higher this morning

  Silver prices declined 1.17% to the USD34.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.21, 0.37% higher from yesterday’s close. Silver is expected to find support at 33.93, … Continue reading

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Gold: Yellow metal inches up on bargain hunting

  Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1777.28 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1779.84, 0.19% higher from yesterday’s … Continue reading

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Trading signals for Monday 08-10-2012

Forex, Commodities and Index signals for Monday 08-10-2012 11:00 GMT Continue reading

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USD/JPY: Greenback trading lower against Yen after Friday’s rise

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.15% against the JPY and closed at 78.64, after the reports showed an unexpected drop in the unemployment rate to 7.8% from 8.1% in the preceding month, … Continue reading

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AUD/USD: Aussie losing ground this morning

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.72% against the USD to close at 1.0166. LME Copper prices declined 0.3% or $26.5/MT to $8298.0/MT. Aluminium prices declined marginally or $0.3/MT to $2087.3/MT. In the … Continue reading

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USD/CAD: Loonie rose on Canadian jobs report

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.25% against the CAD to close at 0.9787. The Canadian Dollar rose after reports showed that the Canadian economy added significantly more jobs than forecast in September. … Continue reading

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USD/CHF: Pair trading higher ahead of Swiss unemployment & CPI data

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.14% against the CHF and closed at 0.9298. On Friday, the KOF Economic Institute in Switzerland forecasted that the Swiss economy would grow by 0.9% in 2012, … Continue reading

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GBP/USD: GBP trading lower in the Asian session

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.33% against the USD and closed at 1.6130. Over the weekend, the UK Prime Minister, David Cameron stated that the economy is rebalancing toward the private sector as … Continue reading

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