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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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Monthly Archives: June 2013
Crude Oil: Oil trading higher on speculation Fed will keep stimulus
Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 95.52, after weaker-than-estimated US GDP data eased worries that the Federal Reserve would curb stimulus soon. The Energy Information Administration indicated that … Continue reading
Posted in Crude Oil
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Silver: Silver trading higher in the Asian session, after tumbling yesterday
Silver prices declined 5.19% to the USD18.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.83, 1.13% higher from yesterday’s close. Silver is expected to find support at 18.46, … Continue reading
Posted in Silver
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AUD/USD: Aussie gained as disappointing US GDP data boosts stimulus bets
For the 24 hours to 23:00 GMT, AUD strengthened 0.45% against the USD to close at 0.9289, as disappointing US GDP figures raised investor expectations that the US Federal Reserve may hold off on reining in its economic stimulus … Continue reading
Posted in AUD/USD
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Gold: Yellow metal regaining some losses this morning
Gold prices traded lower by 3.65% against the USD in the 24 hour period ending 23:00GMT, at 1230.10 per ounce. In the Asian session, at GMT0300, Gold is trading at 1239.23, 0.74% higher from yesterday’s close, as weak gross … Continue reading
Posted in Gold
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USD/CAD: Pair fell on bets Fed stimulus to continue
For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD to close at 1.0470, after the President of the Federal Reserve Bank (Fed) of Richmond, Jeffrey Lacker indicated that the US economy could witness a … Continue reading
Posted in USD/CAD
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USD/CHF: Swissy trading higher this morning
For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9424. In Switzerland, the UBS group reported that the consumption indicator rose to a reading of 1.46 in May, from a revised … Continue reading
Posted in USD/CHF
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USD/JPY: Yen dropped against the USD
For the 24 hours to 23:00 GMT, the USD weakened 0.53% against the JPY and closed at 97.65. In the Asian session, at GMT0300, the pair is trading at 97.77, with the USD trading 0.12% higher from yesterday’s close. … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading higher this morning; UK GDP data awaited later today
For the 24 hours to 23:00 GMT, GBP fell 0.58% against the USD and closed at 1.5319, after the UK government announced deep spending cuts and cautioned that the British economy was still weak. In a government spending review, … Continue reading
Posted in GBP/USD
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EUR/USD: Draghi’s comments weighed on Euro; trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.46% against the USD and closed at 1.3016, after the European Central Bank President, Mario Draghi, highlighted downside risks to Euro-zone’s growth and stated that the central bank would retain … Continue reading
Posted in EUR/USD
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Trading signals for Wednesday 26-06-2013
Forex, Commodities and Index signals for Wednesday 26-06-2013 11:00 GMT Continue reading
Posted in Trading Signals
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Crude Oil: Oil higher as global concerns eased slightly; trading lower this morning
Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 95.11, as better-than-expected economic data from the US and an assurance from a People’s Bank of China official to address the nation’s … Continue reading
Posted in Crude Oil
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