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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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Monthly Archives: August 2013
GBP/USD: Pound gained on upbeat UK services PMI, trading lower this morning
For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5357, after the UK services PMI rose to a reading of 60.2 in July from a reading of 56.9 in June, showing a … Continue reading
Posted in GBP/USD
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USD/JPY: Yen continues to trade higher this morning
For the 24 hours to 23:00 GMT, the USD weakened 0.69% against the JPY and closed at 98.25. In the Asian session, at GMT0300, the pair is trading at 98.13, with the USD trading 0.12% lower from yesterday’s close. … Continue reading
Posted in USD/JPY
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Crude Oil: Oil drops ahead of demand forecast reports this week
Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 106.54. In the Asian session, at GMT0300, Crude Oil is trading at 106.30, 0.23% lower from yesterday’s close, after Libya planned for … Continue reading
Posted in Crude Oil
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Silver: Silver continues its downtrend this morning
Silver prices fell 0.91% to the USD19.71 per ounce during the 24 hours ending 23:00GMT. A renowned broker yesterday lifted its silver price forecast for 2013, citing physical demand in Asia. The broker raised its average price forecast to … Continue reading
Posted in Silver
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Gold: Gold softens on strong European and US economic data
Gold prices traded lower by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1303.29 per ounce, as a positive economic data from Europe and the US dampened yellow metal’s safe haven appeal. In the Asian … Continue reading
Posted in Gold
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Trading signals per 05-08-2013
FOREX-Signals EUR/USD SHORT EUR/GBP LONG Entry-Limit Sell 1,3298 Entry-Limit Buy 0,8636 Limit BUY 1,3258 Limit SELL 0,8676 … Continue reading
Posted in Trading Signals
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AUD/USD: Aussie trading lower in the morning session
On Friday, the AUD weakened 0.32% against the USD to close at 0.8909. LME Copper prices rose 0.3% or $20.0/MT to $7019.0/MT. Aluminium prices declined 0.4% or $6.5/MT to $1770.0/MT. In the Asian session, at GMT0300, the pair is trading … Continue reading
Posted in AUD/USD
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USD/CAD: Pair trading above its MA’s
On Friday, the USD rose 0.40% against the CAD to close at 1.0390. In the Asian session, at GMT0300, the pair is trading at 1.0401, with the USD trading 0.11% higher from Friday’s close. The pair is expected to find … Continue reading
Posted in USD/CAD
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USD/CHF: SVME PMI jumped to 57.4 in July
On Friday, the USD declined 0.93% against the CHF and closed at 0.9287. Swiss Franc was lifted as the SVME manufacturing purchasing managers’ index in Switzerland advanced to a reading of 57.4 in July, surpassing the expected reading of 52.5 … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading higher ahead of the BoJ monthly economic survey data
On Friday, the USD weakened 0.53% against the JPY and closed at 98.91, as disappointing US nonfarm payrolls data put forth an unclear picture of the strength of the nation’s job market recovery. In the Asian session, at GMT0300, the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound gained as UK construction PMI soared in July, trading lower this morning
On Friday, GBP rose 1.11% against the USD and closed at 1.5286, as the UK construction PMI surged at the highest pace since June 2010 in July. UK construction purchasing managers’ index (PMI) recorded a sharp rise to a reading … Continue reading
Posted in GBP/USD
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