Daily Archives: October 2, 2013

Trading Signals per 2-10-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3507   Entry-Limit Buy 0,8339 Limit SELL 1,3547   Limit SELL 0,8379 … Continue reading

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Crude Oil: API reported a 4.55 million barrels surge in the weekly US stockpiles

Crude Oil Movement Crude Oil prices declined 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 101.61, as a US government shutdown dimmed the demand outlook of the commodity. Negative sentiment was also fuelled after the … Continue reading

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Silver: White metal rebounds from losses in the morning session

Silver Movement Silver prices declined 2.39% to the USD21.16 per ounce during the 24 hours ending 23:00GMT, as a decline in the prices of the industrial metals weighed on the demand prospects of the commodity. In the Asian session, at … Continue reading

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Gold: Yellow metal trading below crucial $1300 per ounce

Gold Movement Gold prices traded lower by 2.93% against the USD in the 24 hour period ending 23:00GMT, at 1289.77 per ounce, as lack of buying support and the limited profit potential were enough to convince traders to book profits … Continue reading

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AUD/USD: Australia’s trade deficit narrowed less than expectation for August

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.75% against the USD to close at 0.9393, as investors cheered the Reserve Bank of Australia’s (RBA) decision to keep its interest rate unchanged at 2.5%, at its October … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.0340. In the Asian session, at GMT0300, the pair is trading at 1.0344, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9066, as a downbeat PMI report from Switzerland overshadowed tensions of a US government shutdown. In Switzerland, the SVME – purchasing … Continue reading

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USD/JPY: Japan’s Prime Minster confirmed the proposed sale tax hike from April 2014

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 97.95, as the US government’s decision to shut down its offices spooked investors confidence. Meanwhile, in Japan, Prime Minister, Shinzo Abe, … Continue reading

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GBP/USD: Pound snaps its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6193. The US Dollar lost ground against the Pound as the US government called for a shutdown after the Republicans and the … Continue reading

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EUR/USD: Euro trading marginally lower ahead of ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3523, as traders refrained from taking major bets ahead of European Central Bank (ECB) policy decision. In the Euro-zone, data showed that … Continue reading

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