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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
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: June 3, 2013
Trading signals as per 03-06-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,2985 Entry-Limit Sell 0,8545 Limit SELL 1,3025 Limit BUY 0,8505 Stop SELL 1,2965 Stop BUY 0,8565 USD/JPY LONG EUR/CHF SHORT Entry-Limit Buy 100,30 Entry-Limit Sell 1,2465 Limit SELL 100,70 Limit BUY 1,2430 Stop … Continue reading
Posted in Trading Signals
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AUD/USD: Australian AIG PMI rises in May
On Friday, the AUD weakened 0.99% against the USD to close at 0.9572. LME Copper prices declined 0.1% or $4.50/MT to $7241.0/MT. Aluminium prices rose 1.0% or $18.5/MT to $1875.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian economy improved in March
On Friday, the USD rose 0.62% against the CAD to close at 1.0367. In a much awaited Canadian gross domestic product data (GDP), the Canadian economy expanded more than market expectations in March, whereby the gross domestic product climbed … Continue reading
Posted in USD/CAD
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Gold: Yellow metal retreated as dollar gained strength; trading higher this morning
On Friday Gold prices traded lower by 1.95% against the USD in the period ending 21:00GMT, at 1387.92 per ounce, as the greenback strengthened. On Friday, the World Gold Council indicated that the demand for precious metal in India, … Continue reading
Posted in Gold
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USD/CHF: Swiss manufacturing PMI due later today
On Friday, the USD rose 0.56% against the CHF and closed at 0.9601. On the economic front, Switzerland’s KOF leading indicator edged up to a reading of 1.10 in May, from an upwardly revised reading of 1.04 registered in … Continue reading
Posted in USD/CHF
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USD/JPY: Capital spending drops in Japan
On Friday, the USD weakened 0.44% against the JPY and closed at 100.67. The first deputy managing director of the International Monetary Fund, David Lipton, stated that the yen’s current depreciation is not problematic if accompanied by fiscal and … Continue reading
Posted in USD/JPY
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GBP/USD: Pound moving northwards in the Asian session
On Friday, GBP fell 0.29% against the USD and closed at 1.5183. The greenback advanced as upbeat US economic data raised investor speculation that the Federal Reserve could to taper its stimulus program in the near future. Meanwhile, on … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher in today’s morning session
On Friday, EUR declined 0.48% against the USD and closed at 1.2981, as a rise in Euro-zone’s unemployment data disappointed investors, and as upbeat US economic data helped push the greenback higher. Unemployment rate in the Euro-zone rose to … Continue reading
Posted in EUR/USD
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Crude Oil: OPEC maintained its production target
On Friday, Crude Oil prices declined 1.66% against the USD for the period ending 21:00GMT, closing at 91.97. On Friday, the Organization of Petroleum Exporting Countries (OPEC) kept its production target unchanged at the group’s 30 million barrels per … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the Asian session
On Friday, Silver prices declined 2.64% to the USD22.26 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.37, 0.48% higher from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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