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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: July 1, 2013
Trading Signals as per 01-07-2013
FOREX-Signals EUR/USD SHORT EUR/GBP LONG Entry-Limit Sell 1,3055 Entry-Limit Buy 0,8545 Limit BUY 1,3015 Limit SELL 0,8585 … Continue reading
Posted in Trading Signals
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Crude Oil: Oil continues to trade lower undermined by US growth concerns
On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 96.56, after economic data indicated an unexpected slowdown in the US business activity in June spurring demand concerns for the fuel. In … Continue reading
Posted in Crude Oil
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Silver: Silver trading higher this morning
On Friday, Silver prices rose 6.02% to the USD19.67 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.71, 0.25% higher from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Gold holding above the 1200 levels
On Friday, Gold prices traded higher by 2.64% against the USD in the period ending 21:00GMT, at 1234.57 per ounce, as the precious metal’s recent decline prompted bargain hunting. In the Asian session, at GMT0300, Gold is trading at … Continue reading
Posted in Gold
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AUD/USD: Aussie gains following positive Australian economic data
On Friday, the AUD weakened 1.12% against the USD to close at 0.9158. LME Copper prices rose 0.7% or $45.0/MT to $6750.5/MT. Aluminium prices rose 0.7% or $11.5/MT to $1731.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian economy expanded in April
On Friday, the USD rose 0.14% against the CAD to close at 1.0502. However, the losses in the Loonie were limited as the gross domestic product in Canada rose 0.1% (MoM) in April, matching market expectations. Meanwhile, Canada’s raw … Continue reading
Posted in USD/CAD
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USD/CHF: Swissy moving lower ahead of SVME PMI data
On Friday, the USD declined 0.21% against the CHF and closed at 0.9437. The Swiss Franc had some news to cheer as Switzerland’s KOF leading indicator rose to a reading of 1.16 in June, following a revised reading of … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s large manufacturers’ outlook turns positive, indicates BoJ Tankan survey
On Friday, the USD strengthened 0.68% against the JPY and closed at 99.17. In Japan, the annual vehicle production declined 6.2% in May, while housing starts surged 14.5% (YoY) in May, way above the market expectations of a 6.1% … Continue reading
Posted in USD/JPY
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GBP/USD: UK house prices rose in June, indicates Hometrack
On Friday, GBP fell 0.28% against the USD and closed at 1.5214, after Nationwide house price data came in weaker than expected in June. The Nationwide Building Society of UK reported that on a non-seasonally adjusted annual basis, house … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading tad higher this morning
On Friday, EUR declined 0.13% against the USD and closed at 1.3019. Early on Friday, the US Federal Reserve Governor, Jeremy Stein, stated that the Fed might consider reducing the pace of its asset purchases by September. Stein also … Continue reading
Posted in EUR/USD
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