Monthly Archives: May 2013

GBP/USD: Pound slipped as inflation cooled in April

  For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5160, following a lower-than-expected 2.4% drop in the UK inflation rate in April, against the expected 2.6% decline. In the Asian session, at … Continue reading

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Crude Oil: Crude oil fell on unexpected increase in US stockpiles

  Crude Oil prices declined 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 95.70, after data from the American Petroleum Institute (API) indicated that crude oil inventories rose by 532,000 barrels in the week ending … Continue reading

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Silver: Trading higher in the Asian session

  Silver prices declined 1.80% to the USD22.41 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.55, 0.60% higher from yesterday’s close. Silver is expected to find support at 22.12, … Continue reading

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Gold: Gold trading higher this morning

  Gold prices traded lower by 1.30% against the USD in the 24 hour period ending 23:00GMT, at 1373.05 per ounce. In the Asian session, at GMT0300, Gold is trading at 1378.32, 0.38% higher from yesterday’s close. Gold is expected … Continue reading

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EUR/USD: Euro trading lower in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.2920, as investors risk sentiment improved, after two voting members of the Federal Open Market Committee (FOMC) eased concerns about the US central … Continue reading

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Trading signals for Tuesday 21-05-2013

Forex, Commodities and Index signals for Tuesday 21-05-2013 11:00 GMT Continue reading

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USD/CAD: Loonie trading tad higher this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0245. In the Asian session, at GMT0300, the pair is trading at 1.0250, with the USD trading marginally higher from yesterday’s close. … Continue reading

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

  For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CHF and closed at 0.9669. In the Asian session, at GMT0300, the pair is trading at 0.9674, with the USD trading marginally higher from yesterday’s close. … Continue reading

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USD/JPY: BoJ monetary policy meeting outcome awaited

  For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 102.15. The Yen continued to trade higher on Japan Economy Minister, Akira Amari’s comments on the negative effects of excessively weak domestic … Continue reading

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Crude Oil: Oil trading tad higher this morning ahead of the oil inventory data

  Crude Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 96.63. In the Asian session, at GMT0300, Crude Oil is trading at 96.68, marginally higher from yesterday’s close. Investors eye the crude … Continue reading

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Silver: White metal surged tracking rise in gold prices, trading lower this morning

  Silver prices rose 7.60% to the USD22.82 per ounce during the 24 hours ending 23:00GMT, in tandem with the rise in gold prices. In the Asian session, at GMT0300, Silver is trading at 22.50, 1.40% lower from yesterday’s close. … Continue reading

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