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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
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Daily Archives: May 29, 2013
Trading Signals as per 29-05-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,2920 Entry-Limit Sell 0,8592 Limit SELL 1,2960 Limit BUY 0,8552 … Continue reading
Posted in Trading Signals
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USD/CAD: Canadian investors await BoC interest rate decision
For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD to close at 1.0408, in the wake of strong US consumer and housing data. In the Asian session, at GMT0300, the pair is trading at … Continue reading
Posted in USD/CAD
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USD/JPY: Japanese yen trading higher in the Asian session
For the 24 hours to 23:00 GMT, the USD strengthened 1.39% against the JPY and closed at 102.52. In the Asian session, at GMT0300, the pair is trading at 102.21, with the USD trading 0.30% lower from yesterday’s close. … Continue reading
Posted in USD/JPY
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EUR/USD: Euro reverses its losses in the Asian session
For the 24 hours to 23:00 GMT, EUR declined 0.70% against the USD and closed at 1.2845, after economic data indicated that German import prices fell more-than-expected in April, while French consumer confidence dropped to a near five-year low … Continue reading
Posted in EUR/USD
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USD/CHF: Swiss Franc declined as trade surplus narrowed; trading higher this morning
For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9772. The Swiss Franc came under pressure, following the release of weaker-than-expected Swiss trade data for April. Switzerland’s trade surplus narrowed to … Continue reading
Posted in USD/CHF
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GBP/USD: Pound slips after strong US data, trading higher in the morning session
For the 24 hours to 23:00 GMT, GBP fell 0.55% against the USD and closed at 1.5026, amid lack of domestic economic news and as the US Dollar gained on inspiring consumer confidence and home prices data. In the … Continue reading
Posted in GBP/USD
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AUD/USD: Australia’s Westpac leading index rises in March
For the 24 hours to 23:00 GMT, AUD weakened 0.59% against the USD to close at 0.9572, as Aussie traders failed to find a catalyst to invest in commodity currency. Moreover, the greenback registered handsome gains on the back … Continue reading
Posted in AUD/USD
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Crude Oil: Oil gained on upbeat US economic data; trading lower this morning
Crude Oil prices jumped 1.15% against the USD for the 24 hour period ending 23:00GMT, closing at 95.05, as an encouraging surge in US housing and consumer confidence data lifted investor sentiment. In the Asian session, at GMT0300, Crude … Continue reading
Posted in Crude Oil
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Gold: Yellow metal dropped as dollar advanced; trading lower in the Asian session
Gold prices traded lower by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1380.79 per ounce, as demand for the precious metal decreased after the dollar strengthened. Yesterday, two leading broking houses lowered their gold … Continue reading
Posted in Gold
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Silver: Industrial metal moving northwards in the Asian session
Silver prices declined 1.25% to the USD22.34 per ounce during the 24 hours ending 23:00GMT, as a strong dollar dampened the appeal of the industrial metal. In the Asian session, at GMT0300, Silver is trading at 22.38, 0.18% higher … Continue reading
Posted in Silver
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