Monthly Archives: February 2013

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

  For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9102. In the Asian session, at GMT0400, the pair is trading at 0.9101, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/CAD: Loonie trading lower as investors trade cautiously ahead of the ECB meeting

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9957. Yesterday, the Richard Ivey School of Business reported that, business activity in Canada improved significantly in January. In the Asian session, at … Continue reading

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AUD/USD: Aussie trading flat this morning

  For the 24 hours to 23:00 GMT, AUD weakened 0.70% against the USD to close at 1.0317. Late yesterday, the Australian Industry Group’s Performance of Construction Index declined to a reading of 36.2 in January, compared to a reading … Continue reading

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Crude Oil: Crude Oil trading slightly lower this morning

  Crude Oil prices advanced 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82. Yesterday, the US Energy Information Administration reported that, for the week ended February 1, crude supplies rose 2.6 million barrels, compared … Continue reading

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Silver: White metal trading higher in the Asian session

  Silver prices rose marginally to the USD31.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.86, marginally higher from yesterday’s close. Silver is expected to find support at 31.68, … Continue reading

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Gold: Trading tad higher this morning

  Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1677.80 per ounce. In the Asian session, at GMT0400, Gold is trading at 1679.03, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Trading signals for Wednesday 06-02-2013

Forex, Commodities and Index signals for Wednesday 06-02-2013 11:00 GMT Continue reading

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EUR/USD: Euro gained amid upbeat European economic data; trading lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.54% against the USD and closed at 1.3583, following upbeat Euro-zone and German services PMI data. In the Euro-zone, the final services PMI climbed to a reading of 48.6 in … Continue reading

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GBP/USD: BRC shop price inflation eased in January

  For the 24 hours to 23:00 GMT, GBP fell 0.58% against the USD and closed at 1.5666. However, UK’s seasonally adjusted service purchasing managers’ index (PMI) advanced to 51.5 in January, from 48.9 in the previous month. In the … Continue reading

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USD/JPY: Yen retreated amid expectations for further easing measures by the BoJ

  For the 24 hours to 23:00 GMT, the USD strengthened 1.54% against the JPY and closed at 93.59. The Yen weakened as the Governor Masaaki Shirakawa’s announcement that, he would resign from the Bank of Japan’s (BoJ) current post … Continue reading

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USD/CHF: Swiss trade surplus narrowed in December

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9080. In Switzerland, trade surplus narrowed to CHF1.030 billion in December, from a revised CHF2.905 billion surplus in November. Analysts had expected … Continue reading

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