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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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Daily Archives: July 8, 2013
Trading Signals as per 08-07-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,2812 Entry-Limit Sell 0,8626 Limit SELL 1,2852 Limit BUY 0,8586 … Continue reading
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Crude Oil: Oil higher amid tensions in the Middle East
On Friday, Crude Oil prices advanced 1.79% against the USD for the period ending 21:00GMT, closing at 103.22, as ongoing protests in Egypt increased concerns of disruptions in the oil supply. In the Asian session, at GMT0300, Crude Oil … Continue reading
Posted in Crude Oil
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Silver: Silver trading lower this morning
On Friday, Silver prices declined 3.46% to the USD18.91 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.83, 0.42% lower from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Gold trading lower as labour market conditions improved in the US
On Friday, Gold prices traded lower by 2.06% against the USD in the period ending 21:00GMT, at 1223.20 per ounce, after better-than-expected jobs data in the US dampened safe haven appeal of the metal. In the Asian session, at … Continue reading
Posted in Gold
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GBP/USD: Encouraging US employment data supported the US Dollar against the GBP
On Friday, GBP fell 0.92% against the USD and closed at 1.4901, as strong US employment figures supported the greenback. In the Asian session, at GMT0300, the pair is trading at 1.4874, with the GBP trading 0.18% lower from … Continue reading
Posted in GBP/USD
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AUD/USD: Pair moving below its MA’s
On Friday, the AUD weakened 0.93% against the USD to close at 0.9066. LME Copper prices declined 1.4% or $99.5/MT to $6821.0/MT. Aluminium prices declined 1.4% or $24.5/MT to $1743.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in AUD/USD
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USD/CAD: CAD dropped on weak Canadian jobs data & positive US employment report
On Friday, the USD rose 0.52% against the CAD to close at 1.0579, after reports showed that the US employment data came in better than market expectations, while Canada’s job market stagnated in June In Canada, the unemployment rate … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s CPI unexpectedly edged up in June
On Friday, the USD rose 0.69% against the CHF and closed at 0.9637, amid speculation that the US Federal Reserve might scale back the pace of its quantitative easing programme later this year. In Switzerland, consumer price index (CPI) … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s current account surplus narrowed while trade deficit widened in May
On Friday, the USD strengthened 0.93% against the JPY and closed at 101.18. In Japan, the preliminary leading economic index rose to a reading of 110.5 in May, while the coincident index advanced marginally to a reading of 105.9 … Continue reading
Posted in USD/JPY
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EUR/USD: Dollar gained on upbeat employment data
On Friday, EUR declined 0.47% against the USD and closed at 1.2831. The greenback registered gains as better-than-expected employment data in the US raised speculations that the improving US economy could prompt the Federal Reserve to lower its monetary … Continue reading
Posted in EUR/USD
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