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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: November 8, 2012
Trading signals for Thursday 08-11-2012
Forex, Commodities and Index signals for Thursday 08-11-2012 11:00 GMT Continue reading
Posted in Trading Signals
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USD/CHF: Swiss CPI declined in October
For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9457. On the economic front, Switzerland’s consumer price index declined 0.2% (YoY) in October, compared to a 0.4% drop recorded in September. Additionally, … Continue reading
Posted in USD/CHF
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AUD/USD: Australian unemployment rate remains steady in October
For the 24 hours to 23:00 GMT, AUD weakened 0.23% against the USD to close at 1.0404. LME Copper prices declined 0.1% or $6.5/MT to $7654.3/MT. Aluminium prices rose 0.7% or $13.8/MT to $1900.5/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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USD/CAD: Pair trading higher today morning
For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 0.9966. The Loonie weakened as crude oil, Canada’s biggest export, fell more than 4.0% yesterday. In the Asian session, at GMT0400, the … Continue reading
Posted in USD/CAD
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USD/JPY: Japan’s trade deficit narrowed in September
For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 79.98. Yesterday, the Fitch Ratings warned that the US triple-A credit rating might be downgraded next year if the White House and … Continue reading
Posted in USD/JPY
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GBP/USD: Pair trading higher today morning ahead of BoE interest rate decision
For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5976, as market participants looked past President Barack Obama’s re-election and began to brace for tax hikes and government spending cuts in the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro weighed down by weak German data
For the 24 hours to 23:00 GMT, EUR declined 0.38% against the USD and closed at 1.2757, after the European Commission downgraded its 2013 growth forecast for the 17-nation economy to just 0.1% from the 1.0% projected earlier this … Continue reading
Posted in EUR/USD
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Gold: Precious metal trading lower in the Asian session
Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1717.25 per ounce, after the US President Barack Obama was re-elected for a second term, thereby increasing the likelihood that the Federal … Continue reading
Posted in Gold
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Silver: White metal continues to trade lower
Silver prices declined 0.20% to the USD31.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.80, 0.10% lower from yesterday’s close. Silver is expected to find support at 31.22, … Continue reading
Posted in Silver
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Crude Oil: Oil prices slumped amid US fiscal cliff concerns & as crude supplies rose, trading higher this morning
Crude Oil prices declined 4.06% against the USD for the 24 hour period ending 23:00GMT, closing at 84.68, amid concerns over the fiscal crisis in the US and as the Europe’s crisis swung back into focus after European Central … Continue reading
Posted in Crude Oil
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