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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: December 5, 2012
Trading signals for Wednesday 05-12-2012
Forex, Commodities and Index signals for Wednesday 05-12-2012 11:00 GMT Continue reading
Posted in Trading Signals
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USD/CHF: Pair showing convergence with its MA’s
For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9265. In the Asian session, at GMT0400, the pair is trading at 0.9261, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/CHF
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USD/JPY: Central bank ready to take necessary and bold monetary, indicates Kiyohiko Nishimura
For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 81.84. Yesterday, the Japanese Ministry of Health, Labour and Welfare reported that average wages rose 0.2% (YoY) in October, following a downwardly … Continue reading
Posted in USD/JPY
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GBP/USD: UK shop price inflation remained unchanged in November, indicates BRC
For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6099. On the economic front, the UK’s Chartered Institute of Purchasing & Supply (CIPS) reported that the construction purchasing managers’ index (PMI) fell … Continue reading
Posted in GBP/USD
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EUR/USD: US Dollar weighed down by concerns over the US fiscal cliff
For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3099, boosted by efforts to tackle the debt problems of Greece and Spain, and as the greenback came under pressure from expectations of … Continue reading
Posted in EUR/USD
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USD/CAD: BoC maintains interest rate at 1%
For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9933. The Loonie gained after the Bank of Canada (BoC) left its benchmark interest rate unchanged at 1.0% in December but indicated … Continue reading
Posted in USD/CAD
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AUD/USD: Australian GDP grew in the Q3 FY2012
For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0474. LME Copper prices rose 0.2% or $15.5/MT to $7990.8/MT. Aluminium prices rose 0.2% or $4.0/MT to $2100.3/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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Crude Oil: API reports a drop in crude oil supplies during the last week, Crude Oil trading higher this morning
Crude Oil prices declined 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 88.39, as a lack of progress in negotiations for a deal to avoid the US fiscal cliff prior to the deadline weighed … Continue reading
Posted in Crude Oil
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Silver: White metal trading between its MA’s
Silver prices declined 1.87% to the USD32.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.11, 0.36% higher from yesterday’s close. Silver is expected to find support at 32.71, … Continue reading
Posted in Silver
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Gold: Yellow metal retreated to a one-month low below $1,700 per ounce, trading higher this morning
Gold prices traded lower by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1698.35 per ounce, as technical selling sent the yellow metal plunging as did fears that the US could slide into a recession … Continue reading
Posted in Gold
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