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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: August 12, 2013
Trading Signals per 12-08-2013
FOREX-Signals EUR/USD LONG EUR/GBP LONG Entry-Limit Buy 1,3301 Entry-Limit Buy 0,8585 Limit SELL 1,3341 Limit SELL 0,8625 … Continue reading
Posted in Trading Signals
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AUD/USD: Pair moving above its MA’s
On Friday, the AUD strengthened 1.14% against the USD to close at 0.9213, amid a rise in Chinese retail sales, industrial production and CPI data. LME Copper prices rose 0.9% or $64.5/MT to $7186.0/MT. Aluminium prices rose 2.2% or $39.5/MT … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading lower in the Asian session
On Friday, the USD declined 0.51% against the CAD to close at 1.0277. The Canadian Dollar tumbled earlier after a domestic jobs data for July were short of market expectations, but rebounded in later trading in response to broader weakness … Continue reading
Posted in USD/CAD
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USD/CHF: CHF trading lower ahead of the Swiss retail sales data
On Friday, the USD rose 0.25% against the CHF and closed at 0.9225. On Sunday, the Swiss National Bank (SNB) Vice Chairman, Jean-Pierre Danthine stated that SNB would enforce its cap on the Swiss Franc for as long as it … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading lower as Japanese GDP data disappoints
On Friday, the USD weakened 0.46% against the JPY and closed at 96.33. In the Asian session, at GMT0300, the pair is trading at 96.57, with the USD trading 0.25% higher from Friday’s close. The yen is trading under pressure, … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s trade deficit narrowed in June
On Friday, GBP fell 0.15% against the USD and closed at 1.5513. However, losses in the Pound were limited as UK trade deficit narrowed more-than-expected to £8.1 billion in June, following a deficit of £8.7 billion recorded in the previous … Continue reading
Posted in GBP/USD
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EUR/USD: Bundesbank believes that Greece will need more bailout loans by 2014, indicates a Report
On Friday, EUR declined 0.29% against the USD and closed at 1.3340, as weak French industrial output data disappointed investors. Industrial production in France declined 1.4% (MoM) in June, against the expected 0.1% rise, while manufacturing production fell 0.4% (MoM) … Continue reading
Posted in EUR/USD
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Crude Oil: Oil advanced on Chinese data
On Friday, Crude Oil prices advanced 2.14% against the USD for the period ending 21:00GMT, closing at 105.97, as prospects for the commodity improved following a rise in industrial production in China, the world’s second largest oil consumer. In the … Continue reading
Posted in Crude Oil
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Silver: White metal moving higher in the Asian session
On Friday, Silver prices rose 1.34% to the USD20.56 per ounce during the period ending 21:00GMT, on increased demand for industrial metals. In the Asian session, at GMT0300, Silver is trading at 21.13, 2.78% higher from Friday’s close. Silver is … Continue reading
Posted in Silver
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Gold: Yellow metal trading higher in the morning session
On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1314.40 per ounce, amid signs of improvement in the Chinese economy. In the Asian session, at GMT0300, Gold is trading at 1330.02, 1.19% … Continue reading
Posted in Gold
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