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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: August 2013
USD/CHF: Swiss Franc trading lower in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CHF and closed at 0.9172. In the Asian session, at GMT0300, the pair is trading at 0.9178, with the USD trading slightly higher from yesterday’s … Continue reading
Posted in USD/CHF
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USD/CAD: Canadian Dollar trading higher this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally eased against the CAD to close at 1.0494. The Canadian Dollar rose as prices of oil, Canada’s major export, soared on speculation that tensions in Syria might disrupt … Continue reading
Posted in USD/CAD
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GBP/USD: Traders await BoE Governor’s maiden speech
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5545. In the US, an official report showed that the nation’s consumer confidence rose to a reading of 81.5 during August, defying … Continue reading
Posted in GBP/USD
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EUR/USD: Fears over the situation in Syria continue to trigger risk-off sentiment
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.3391, after a closely watched index of German business optimism rose more than expected in August, highlighting improving growth prospects for the … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie declines as risk-appetite wanes
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.74% against the USD to close at 0.8943, as ongoing tensions in Syria reduced the risk-appetite among investors and weighed on the demand for the riskier currencies. LME Copper … Continue reading
Posted in AUD/USD
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Crude Oil: Oil prices rise sharply on Middle East tensions
Crude Oil Movement Crude Oil prices jumped 3.26% against the USD for the 24 hour period ending 23:00GMT, closing at 109.69, as supply concerns continued to mount amid escalating tensions in Syria. Late yesterday, the American Petroleum Institute (API) reported … Continue reading
Posted in Crude Oil
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Silver: Silver continues to trade higher this morning
Silver Movement Silver prices rose 1.46% to the USD24.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 24.61, 0.14% higher from yesterday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Syrian concerns push yellow metal above psychological level of $1400
Gold Movement Gold prices traded higher by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1417.53 per ounce, as investors flocked to the safety of precious metals, amid political tensions in Syria. Also, the US debt … Continue reading
Posted in Gold
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Trading Signals per 27-08-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit buy 1,3346 Entry-Limit Sell 0,8615 Limit SELL 1,3386 Limit BUY 0,8575 … Continue reading
Posted in Trading Signals
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AUD/USD: Aussie continues its decline in the Asian session, amid sell-off jitters
For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 0.9012, as speculation of Fed tapering its asset-purchase programme later this year, continued to weigh on the demand of the riskier currencies. LME … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie declines in the Asian session
For the 24 hours to 23:00 GMT, the USD ended mostly flat against the CAD to close at 1.0502, as tensions over Fed’s stimulus measures continued to weigh on the demand of the Loonie. On Friday, Bank of Canada … Continue reading
Posted in USD/CAD
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