Daily Archives: March 18, 2013

Trading signals for Monday 18-03-2013

Forex, Commodities and Index signals for Monday 18-03-2013 11:00 GMT Continue reading

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EUR/USD: Euro retreats as Cyprus turmoil impacts risk appetite

  On Friday, EUR rose 0.34% against the USD and closed at 1.3056, as the EU leaders, at a meeting in Brussels, stated that balanced budgets remained the goal and that there was no talk of large-scale spending programs or … Continue reading

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GBP/USD: UK Rightmove house prices rise in March

  On Friday, GBP fell marginally against the USD and closed at 1.5078. On Friday, the Bank of England Governor, Mervyn King opined that the Pound is “properly valued” and indicated that the UK recovery is “in sight”. On the … Continue reading

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USD/JPY: Yen trading below its MA’s

  On Friday, the USD weakened 0.52% against the JPY and closed at 95.45. Earlier on Friday, Japan’s Parliament approved Prime Minister, Shinzo Abe’s nominee for central bank governor, Haruhiko Kuroda, and nominees for the two deputy governor posts, thereby … Continue reading

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USD/CAD: Loonie trading lower this morning

  On Friday, the USD declined 0.25% against the CAD to close at 1.0195. The greenback fell after disappointing economic data in the US sparked profit taking ahead of an upcoming Federal Reserve policy meeting. In the Asian session, at … Continue reading

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USD/CHF: Swissy trading lower in the Asian session

  On Friday, the USD declined 0.74% against the CHF and closed at 0.9403. In economic news, the producer and import price index in Switzerland rose 0.1% annually in February, slower than the expected 0.3% growth and following a 0.8% … Continue reading

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Crude Oil: Oil gained amid positive economic news, trading lower this morning

  On Friday, Crude Oil prices advanced 0.19% against the USD for the period ending 21:00GMT, closing at 93.45, as investor sentiment was buoyed by upbeat core consumer sentiment and industrial production data in the US. In the Asian session, … Continue reading

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AUD/USD: Aussie trading lower as risk appetite wanes

  On Friday, the AUD strengthened 0.24% against the USD to close at 1.0405. LME Copper prices rose 0.3% or $20.0/MT to $7782.0/MT. Aluminium prices rose 0.3% or $6.0/MT to $1944.0/MT. In the Asian session, at GMT0400, the pair is … Continue reading

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Silver: Silver following higher gold prices

  On Friday, Silver prices declined 0.34% to the USD28.77 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.78, marginally higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Bizarre Cyprus bailout deal pushes Yellow metal higher

  On Friday Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1591.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1598.27, 0.40% higher from Friday’s close, as unusual bailout deal … Continue reading

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