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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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Monthly Archives: January 2013
GBP/USD: Downbeat UK economic data weighed on Pound, trading higher in the Asian session
For the 24 hours to 23:00 GMT on Friday, GBP fell 0.19% against the USD and closed at 1.6134, amid disappointing UK economic data. On Friday, the annual industrial production fell 2.4% in November, against the expectations of a … Continue reading
Posted in GBP/USD
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USD/JPY: BoJ must set a 2.0% inflation target, indicates Shinzo Abe
For the 24 hours to 23:00 GMT on Friday, the USD weakened 89.19% against the JPY and closed at 89.18. In economic news, the Eco Watchers’ current index in Japan rose to a reading of 45.8 in December, compared … Continue reading
Posted in USD/JPY
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USD/CHF: Swiss consumer prices eased in December
For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9136. In Switzerland, consumer prices eased 0.4% annually in December, compared to the same rate of fall recorded in November. … Continue reading
Posted in USD/CHF
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USD/CAD: Canada trade gap widened
For the 24 hours to 23:00 GMT on Friday, the USD rose 0.15% against the CAD to close at 0.9848. The Canadian Dollar turned lower on Friday, after official data showed that Canada’s trade deficit widened unexpectedly in November … Continue reading
Posted in USD/CAD
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AUD/USD: Australian consumer price inflation eases, while home loan approvals drop
For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.40% against the USD to close at 1.0536. LME Copper prices declined 0.6% or $45.8/MT to $8070.8/MT. Aluminium prices rose 0.1% or $2.5/MT to $2076.8/MT. In the … Continue reading
Posted in AUD/USD
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Silver: White metal trending upwards this morning
On Friday, Silver prices declined 1.20% to the USD30.47 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.63, 0.53% higher from Friday’s close. Silver is expected to find support … Continue reading
Posted in Silver
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Gold: Yellow metal reverses previous session losses
On Friday Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 24:00GMT, at 1662.79 per ounce, after growing inflation pressure in China dented hopes for more stimulus. In the Asian session, at GMT0400, … Continue reading
Posted in Gold
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Crude Oil: Crude Oil fell as Chinese inflation and US trade data stoked concerns, trading higher this morning
On Friday, Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 24:00GMT, closing at 93.77, as growing inflation pressure in China dampened hopes for a fresh stimulus and amid a wider-than-expected trade deficit recorded … Continue reading
Posted in Crude Oil
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Trading signals for Friday 11-01-2013
Forex, Commodities and Index signals for Friday 11-01-2013 11:00 GMT Continue reading
Posted in Trading Signals
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AUD/USD: Aussie trading broadly flat this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.71% against the USD to close at 1.0579. LME Copper prices rose 0.7% or $58.0/MT to $8116.5/MT. Aluminium prices rose 0.6% or $13.0/MT to $2074.2/MT. In the Asian session, at GMT0400, … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie gained despite weak Canadian economic data
For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 0.9833. On the Canadian economic front, building permits slipped 17.9% (MoM) in the November, compared to a revised 15.9% rise recorded in the … Continue reading
Posted in USD/CAD
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