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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: November 2013
AUD/USD: RBA trims its 2014 growth forecast on the Australian economy
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.72% against the USD to close at 0.9457, as a dismal employment report from Australia spooked investors’ confidence in the Aussie. LME Copper prices declined 1.1% or $81.0/MT to … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading tad higher ahead of domestic employment data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 1.0454, buoyed by a strong growth in the US Gross Domestic Product (GDP) during the third quarter. In the Asian session, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9168, as investors cheered an upbeat rise in the US Gross Domestic Product (GDP) for the third quarter. In economic news, … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading below its MA’s
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.50% against the JPY and closed at 98.18. In economic news, Japan’s leading economic index rose to a reading of 109.5, more than analysts’ expectations for a rise … Continue reading
Posted in USD/JPY
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GBP/USD: BoE refrains from altering its monetary policies
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6090, as investors reacted positively to Bank of England’s (BoE) decision to keep its interest rate unchanged at a record low 0.5% … Continue reading
Posted in GBP/USD
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EUR/USD: ECB surprisingly lowered its benchmark interest rate to a record low 0.25%
EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.81% against the USD and closed at 1.3409, after the European Central Bank (ECB) unexpectedly slashed its interest rate by 25 basis points to 0.25%. Negative sentiment was also … Continue reading
Posted in EUR/USD
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Trading Signals per 07-11-2013
FOREX-Signals EUR/USD LONG EUR/GBP LONG Entry-Limit Buy 1,3498 Entry-Limit Buy 0,8383 Limit SELL 1,3538 Limit SELL 0,8423 … Continue reading
Posted in Trading Signals
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Crude Oil: EIA reported a less than expected rise in the weekly US crude inventories
Crude Oil prices advanced 1.27% against the USD for the 24 hour period ending 23:00GMT, closing at 94.86, following weakness in the US dollar. Positive sentiment was also fuelled after the Energy Information Administration (EIA) reported that motor fuel consumption … Continue reading
Posted in Crude Oil
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USD/CHF: Swiss Franc trading higher in the morning session
For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9120. In the Asian session, at GMT0400, the pair is trading at 0.9117, with the USD trading marginally lower from yesterday’s close. The … Continue reading
Posted in USD/CHF
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Silver: White metal pares gains in the Asian session
Silver Movement Silver prices rose 0.52% to USD21.80 per ounce during the 24 hours ending 23:00GMT, buoyed by a rise in the prices of industrial metals and a weakness in the US Dollar. In the Asian session, at GMT0400, Silver … Continue reading
Posted in Silver
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Gold: Yellow metal gives up ground against the US Dollar
Gold Movement Gold prices traded higher by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1317.51 per ounce, amid a broadly weak dollar. In the Asian session, at GMT0400, Gold is trading at 1315.57, 0.15% lower … Continue reading
Posted in Gold
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