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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
USD/CHF: Swiss Franc trading tad lower in the Asian session
For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.9325. Trading in the pair remained subdued as the US economic calendar was thin and Switzerland had no major releases yesterday. In … Continue reading
Posted in USD/CHF
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USD/JPY: Would not act on temporary market turbulence, indicates BoJ’s Iwata
For the 24 hours to 23:00 GMT, the USD weakened 0.78% against the JPY and closed at 97.63. Yesterday, the Bank of Japan Deputy Governor, Kikuo Iwata ruled out using its policy ammunition to deal with temporary market turbulence, … Continue reading
Posted in USD/JPY
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GBP/USD: Pair trading above its MA’s
For the 24 hours to 23:00 GMT, GBP rose 0.44% against the USD and closed at 1.5454. Reuters reported that the UK’s Chancellor of the Exchequer, George Osborne reached a deal with the government department to reduced £11.50 billion … Continue reading
Posted in GBP/USD
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EUR/USD: Euro reverses its previous session gains
For the 24 hours to 23:00 GMT, EUR rose 0.21% against the USD and closed at 1.3135. On the economic front, Germany’s Ifo business climate index rose to a reading of 105.90 in June, while the business expectations index … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading lower this morning
Crude Oil prices advanced 1.40% against the USD for the 24 hour period ending 23:00GMT, closing at 95.07, on worries of supply disruption after a flood in Alberta resulted in a shutdown of three pipelines. In the Asian session, … Continue reading
Posted in Crude Oil
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Silver: Silver trading tad lower this morning
Silver prices declined 2.56% to the USD19.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.72, marginally lower from yesterday’s close. Silver is expected to find support at 19.47, … Continue reading
Posted in Silver
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Gold: Gold lower on Chinese growth concerns; trading higher this morning
Gold prices traded lower by 1.28% against the USD in the 24 hour period ending 23:00GMT, at 1284.86 per ounce, after a leading broker cut its 2013 economic growth forecasts for China, world’s largest consumer of gold. In the … Continue reading
Posted in Gold
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Trading signals for Monday 24-06-2013
Forex, Commodities and Index signals for Monday 24-06-2013 11:00 GMT Continue reading
Posted in Trading Signals
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AUD/USD: Aussie drop would be ‘very good thing’ for the economy, indicates Gillard
On Friday, the AUD strengthened 0.55% against the USD to close at 0.9247. LME Copper prices declined 0.5% or $31.0/MT to $6777.0/MT. Aluminium prices ended marginally lower or $0.5/MT to $1748.0/MT. In the Asian session, at GMT0300, the pair … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie dropped on soft Canadian inflation, retail sales data
On Friday, the USD rose 0.13% against the CAD to close at 1.0457. The Loonie weakened following tepid Canadian CPI and retail sales data. Canada’s consumer price index (CPI) rose 0.7% in May, less than the expected 0.9% rise. … Continue reading
Posted in USD/CAD
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USD/CHF: KOF maintains Swiss growth forecast for 2013
On Friday, the USD rose 0.79% against the CHF and closed at 0.9341. The Swiss National Bank reported that the M3 money supply in Switzerland rose 9.7% (YoY) in May, slower compared to an upwardly revised 10.3% rise reported … Continue reading
Posted in USD/CHF
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