Monthly Archives: June 2013

USD/CAD: Loonie gained as PMI data impressed investors; trading tad lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.0274. The Canadian dollar gained after nation’s seasonally adjusted Ivey Purchasing Managers’ Index (PMI) surged to a 14-month high of 63.10 in … Continue reading

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GBP/USD: Pound advanced as BoE maintained its interest rate at 0.5%; trading tad lower this morning

  For the 24 hours to 23:00 GMT, GBP rose 1.31% against the USD and closed at 1.5600, as investor sentiment was lifted after the Bank of England announced no changes to its monetary policy. Yesterday, the Bank of England’s … Continue reading

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USD/JPY: Yen moving higher on Taro Aso’s comments

  For the 24 hours to 23:00 GMT, the USD weakened 1.67% against the JPY and closed at 97.36. In the Asian session, at GMT0300, the pair is trading at 96.35, with the USD trading 1.04% lower from yesterday’s close. … Continue reading

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Crude Oil: Oil gained on demand prospects after ECB offered a positive outlook

  Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, amid a weak dollar and as the European Central Bank President Mario Draghi painted a greener picture of the Euro-zone’s economy … Continue reading

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Silver: White metal moving upwards this morning

  Silver prices rose 0.31% to the USD22.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.77, 0.72% higher from yesterday’s close. Silver is expected to find support at 22.43, … Continue reading

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Gold: Weaker dollar boosts yellow metal

  Gold prices traded higher by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1412.25 per ounce, as the greenback weakened after reports showed that US initial jobless claims fell less than expected in the last … Continue reading

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Trading signals for Thursday 06-06-2013

Forex, Commodities and Index signals for Thursday 06-06-2013 11:00 GMT Continue reading

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EUR/USD: Euro trading tad higher ahead of the ECB interest rate decision

For the 24 hours to 23:00 GMT, EUR rose 0.11% against the USD and closed at 1.3087, after the US Automatic Data Processing, Inc’s private sector employment increased by 135.0K in May, much lower than the expected increase by 165.0K … Continue reading

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USD/CHF: Swissy moving higher this morning, Swiss CPI data awaited

  For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CHF and closed at 0.9424. In the Asian session, at GMT0300, the pair is trading at 0.9420, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/CAD: Canada’s building permits rose surprisingly in April

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0346. The Canadian Dollar received support after the Canadian building permits data surprised the market by jumping 10.5% in April, its fourth … Continue reading

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AUD/USD: Australia’s trade surplus narrowed in April

  For the 24 hours to 23:00 GMT, AUD weakened 1.36% against the USD to close at 0.9508. LME Copper prices rose 1.1% or $84.0/MT to $7421.5/MT. Aluminium prices rose 1.9% or $36.5/MT to $1939.0/MT. In the Asian session, at … Continue reading

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