Monthly Archives: December 2012

USD/JPY: BoJ expands stimulus again

  For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 84.24. The Yen continued to remain under pressure amid expectations that the Bank of Japan (BoJ) would unveil more monetary stimulus when … Continue reading

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GBP/USD: BoE offers gloomy outlook for 2013

  For the 24 hours to 23:00 GMT, GBP ended marginally higher against the USD and closed at 1.6251, after minutes of the Bank of England (BoE) indicated that the UK policymakers unanimously decided to hold the key interest rate … Continue reading

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EUR/USD: Euro trading higher this morning

  For the 24 hours to 23:00 GMT, EUR declined 0.12% against the USD and closed at 1.3213. Earlier the Euro had advanced following better-than-expected German business confidence data. In Germany, the business climate index rose to a reading of … Continue reading

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Crude Oil: Crude Oil gained following EIA data, trading lower this morning

  Crude Oil prices advanced 1.86% against the USD for the 24 hour period ending 23:00GMT, closing at 89.64, following reports of a decline in crude oil supplies. Prices were further buoyed amid robust German business optimism data. Yesterday, the … Continue reading

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Silver: Silver reverses losses, moving upwards this morning

  Silver prices declined 2.18% to the USD31.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.11, 0.14% higher from yesterday’s close. Silver is expected to find support at 30.82, … Continue reading

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Gold: Precious metal inches up in Asian session

  Gold prices traded lower by 0.52% against the USD in the 24 hour period ending 23:00GMT, at 1667.73 per ounce. In the Asian session, at GMT0400, Gold is trading at 1667.36, marginally lower from yesterday’s close. Gold is expected … Continue reading

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Trading signals for Wednesday 19-12-2012

Forex, Commodities and Index signals for Wednesday 19-12-2012 11:00 GMT Continue reading

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USD/JPY: Trade deficit widened in Japan; BoJ meeting in focus

For the 24 hours to 23:00 GMT, the USD strengthened 0.52% against the JPY and closed at 84.36. The Yen declined against the USD, weighed down by expectations the Bank of Japan (BoJ) would unveil more monetary stimulus after a … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9132. In Switzerland, the KOF institute forecasts the Swiss economy to grow 1.2% in 2013, as compared to the earlier estimate in … Continue reading

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GBP/USD: Pound higher in the Asian session; Awaits BoE minutes

For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.6250. On the UK economic front, the DCLG house price index rose 1.5% (YoY) in October, slower than the 1.7% gain recorded in September. … Continue reading

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EUR/USD: Euro gains as investor risk appetite improves

For the 24 hours to 23:00 GMT, EUR rose 0.51% against the USD and closed at 1.3229, as signs of headway in negotiations on the US fiscal cliff buoyed investor sentiment and amid encouraging US economic data. Meanwhile, S&P’s decision … Continue reading

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