Daily Archives: October 7, 2013

Trading Signals per 7-10-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3545   Entry-Limit Sell 0,8465 Limit SELL 1,3585   Limit BUY 0,8425 … Continue reading

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Crude Oil: Gulf of Mexico oil output returns to normal after storm

Crude Oil Movement On Friday, Crude Oil prices advanced 0.54% against the USD for the period ending 21:00GMT, closing at 103.62, as the supply outlook of the commodity came under pressure after the National Hurricane Centre highlighted the possibility for … Continue reading

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Silver: White metal converging with its MA’s

Silver Movement On Friday, Silver prices rose 0.37% to the USD21.76 per ounce during the period ending 21:00GMT, as an enhanced outlook for the demand of the industrial metals, boosted the demand for the white metal. However, the gains were … Continue reading

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Gold: Yellow metal reverses its direction in the Asian session

Gold Movement On Friday Gold prices traded lower by 0.38% against the USD in the period ending 21:00GMT, at 1310.93 per ounce, as stronger US Dollar weighed on the demand prospect of the dollar-denominated precious metal. In the Asian session, … Continue reading

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AUD/USD: Australia’s AiG construction index reached highest level in almost 3½ years

AUDUSD Movement On Friday, the AUD strengthened 0.32% against the USD to close at 0.9432. LME Copper prices declined 0.9% or $67.5/MT to $7148.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $1789.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie pares its gains in the morning session

USDCAD Movement On Friday, the USD declined 0.28% against the CAD to close at 1.0299. The Canadian Dollar gained ground against the greenback after data showed that the Ivey purchasing manufacturing index soared to a level of 59.4 in September, … Continue reading

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USD/CHF: Swiss Franc trading higher

USDCHF Movement On Friday, the USD rose 0.89% against the CHF and closed at 0.9070. In economic news, the Swiss regulators stated that they are investigating several banks for allegedly manipulating some foreign-exchange rates. Separately, the Swiss Financial Market Supervisory … Continue reading

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USD/JPY: BoJ Governor, Kuroda indicated for additional stimulus measure

USDJPY Movement On Friday, the USD strengthened 0.17% against the JPY and closed at 97.42. The Japanese Yen came under pressure, after the Bank of Japan (BoJ) hinted for an additional stimulus measure, next year, if international risk hampered growth … Continue reading

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

GBPUSD Movement On Friday, GBP fell 0.82% against the USD and closed at 1.6027, as investors refrained from taking riskier bets amid lack of economic releases from the UK. Negative sentiment was also fuelled on lingering speculation that the Bank … Continue reading

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EUR/USD: John Boehner believes non negotiation from Obama could lead to the nation’s default

EURUSD Movement On Friday, EUR declined 0.48% against the USD and closed at 1.3557, amid lacklustre producer inflation data from the Euro-zone. In the Euro-zone, official data showed that the region’s producer price index came in at 0.0% (MoM) in … Continue reading

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