Daily Archives: March 25, 2013

Trading signals for Monday 25-03-2013

Forex, Commodities and Index signals for Thursday 21-03-2013 11:00 GMT Continue reading

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EUR/USD: Euro gains as Cyprus secures bailout, avoids bankruptcy

  On Friday, EUR rose 0.62% against the USD and closed at 1.2983, as sentiment improved after Cyprus agreed with Greece on a takeover of the Greek units of Cypriot banks, easing fears of the country’s exit from the Euro-zone. … Continue reading

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GBP/USD: Pound advances as Hometrack house prices rise the most in three years

  On Friday, GBP rose 0.31% against the USD and closed at 1.5227. However, gains in Pound were limited as ratings agency Fitch placed Britain’s ‘AAA’ rating on ‘Negative’ watch. The agency indicated that the persistently weak performance of UK … Continue reading

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USD/JPY: Yen trading lower ahead of new BoJ Governor testimony

  On Friday, the USD weakened 0.51% against the JPY and closed at 94.44. In the Asian session, at GMT0400, the pair is trading at 94.89, with the USD trading 0.48% higher from Friday’s close, ahead of a testimony from … Continue reading

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

  On Friday, the USD declined 0.53% against the CHF and closed at 0.9412.. In the Asian session, at GMT0400, the pair is trading at 0.9393, with the USD trading 0.20% lower from Friday’s close. The pair is expected to … Continue reading

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USD/CAD: Loonie advanced as oil prices rose on improved risk appetite; trading slightly lower this morning

  On Friday, the USD declined 0.18% against the CAD to close at 1.0227. The Canadian Dollar recorded gains as crude oil rose amid speculation that Cyprus is on the verge of finalizing a deal to avert a financial collapse, … Continue reading

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AUD/USD: Aussie trading tad higher this morning

  On Friday, the AUD strengthened marginally against the USD to close at 1.0445, as riskier assets found demand in the market as investors speculated a potential resolution to the banking crisis in Cyprus. Market sentiment strengthened as political leaders … Continue reading

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Crude Oil: Oil advanced as OPEC warned of reduction in shipments

  On Friday, Crude Oil prices advanced 1.44% against the USD, closing at 93.71, after the Organization of Petroleum Exporting Countries (OPEC) indicated that it would reduce oil shipments over the next few weeks. In the Asian session, at GMT0400, … Continue reading

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Silver: White metal fell sharply on Friday, trading higher in the Asian session

  On Friday, Silver prices declined 1.50% to the USD28.74 per ounce. In the Asian session, at GMT0400, Silver is trading at 28.89, 0.52% higher from Friday’s close. Silver is expected to find support at 28.60, and a fall through … Continue reading

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Gold: Yellow metal retreated as safe haven demand dropped, trading higher this morning

  On Friday, Gold prices traded lower by 0.46% against the USD, at 1608.58 per ounce, as demand for the safe haven metal decreased following news that Greece may raise the stakes it owns in Cypriot banks to ease the … Continue reading

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