Monthly Archives: October 2012

Crude Oil: Crude Oil down in the Asian session as Hurricane Sandy megastorm approaches US

On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 86.24, after stronger-than-expected US third quarter growth data raised demand prospects. In the Asian session, at GMT0400, Crude Oil is trading … Continue reading

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Gold: Gold reverses its previous session losses this morning

On Friday, Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 24:00GMT, at 1711.26 per ounce. In the Asian session, at GMT0400, Gold is trading at 1715.05, 0.22% higher from Friday’s close. Gold is … Continue reading

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USD/CHF: Greenback trading higher against the Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9349. The KOF Swiss Economic Institute reported that its economic barometer stood at a reading of 1.67 in October, slightly lower … Continue reading

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EUR/USD: Euro trading lower this morning amid persistent Euro-zone worries

For the 24 hours to 23:00 GMT on Friday, EUR ended flat against the USD and closed at 1.2939, as continuing concerns over Spain and Greece were offset by reports showing stronger-than-expected US third quarter growth. In the US, on … Continue reading

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AUD/USD: Australian dollar drifting lower in the Asian session

For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.21% against the USD to close at 1.0374, as risk sentiment received a boost, after gross domestic product in the US rose by 2.0% in the Q3 FY2012, … Continue reading

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USD/CAD: Pair nearing parity in the Asian session

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.21% against the CAD to close at 0.9970. The Finance Department in its monthly Fiscal Monitor publication reported that Canada’s budget deficit widened to C$3.17 billion ($3.19 billion) … Continue reading

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USD/JPY: Yen down on BoJ easing speculation

For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.73% against the JPY and closed at 79.64. In the Asian session, at GMT0400, the pair is trading at 79.69, with the USD trading 0.06% higher from Friday’s … Continue reading

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GBP/USD: UK’s Hometrack home prices drop in October

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.08% against the USD and closed at 1.6105. The Bank of England Deputy Governor, Charles Bean cautioned against over-optimism following third- quarter gross domestic product data and stated that … Continue reading

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Trading signals for Friday 26-10-2012

Forex, Commodities and Index signals for Friday 26-10-2012 11:00 GMT Continue reading

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AUD/USD: Aussie gives up some gains in the Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 1.0352. LME Copper prices declined 0.1% or $8.5/MT to $7851.8/MT. Aluminium prices rose 0.1% or $2.5/MT to $1909.3/MT. In the Asian session, at … Continue reading

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USD/CHF: Dollar trades lower against Swiss Franc in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9351. In the Asian session, at GMT0300, the pair is trading at 0.9351, with the USD trading marginally lower from yesterday’s close. … Continue reading

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