Daily Archives: March 15, 2013

Trading signals for Friday 15-03-2013

Forex, Commodities and Index signals for Friday 15-03-2013 11:00 GMT Continue reading

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EUR/USD: Euro rises; EU summit in focus

For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3012, as calls for greater focus on growth and less on austerity helped boost the single currency against the greenback. Leaders in the European … Continue reading

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USD/JPY: Haruhiko Kuroda confirmed as BoJ Governor

  For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 95.95. On the economic front, machine tool orders in Japan dropped 29.8% (YoY) in February, following a 21.5% drop initially estimated. In … Continue reading

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GBP/USD: Recovery is “in sight”, indicates Mervyn King

  For the 24 hours to 23:00 GMT, GBP rose 1.11% against the USD and closed at 1.5091. In its quarterly bulletin, the Bank of England revealed that the UK treasury would benefit a net £17.0 billion from transfers from … Continue reading

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Crude Oil: Oil gained on upbeat US labour market figures

  Crude Oil prices advanced 0.95% against the USD for the 24 hour period ending 23:00GMT, closing at 93.27, as encouraging weekly US labour-market data pointed to further improvements in the broader economy. In the Asian session, at GMT0400, Crude … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of domestic PPI data

  For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9470. Yesterday, the Swiss National Bank (SNB) retained the currency ceiling at CHF1.2 per euro. The central bank also left its benchmark … Continue reading

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USD/CAD: Loonie moved northwards tracking commodity prices, positive Canadian data

  For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.0223. The Canadian dollar registered gains on the back of higher commodity prices and positive Canadian economic data. In economic news, Statistics … Continue reading

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AUD/USD: Strong Australian employment data boosted Aussie, trading tad lower this morning

  For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0380, benefitting from strong Australian employment data. However, rally in the Aussie loosed the steam, after the Reserve Bank of Australia Assistant Governor, … Continue reading

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Silver: Industrial metal trading above its MA’s

  Silver prices declined 0.35% to the USD28.86 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.93, 0.21% higher from yesterday’s close. Silver is expected to find support at 28.68, … Continue reading

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Gold: Gold trading tad higher in the Asian session

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1590.75 per ounce. Earlier, gold prices were pressured after upbeat US labour market data added to evidence of an economic recovery, making safe-haven … Continue reading

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